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Swim School - Option To De-Brand - Significant Growth Opportunity

Queensland, Australia
$185,000.00 Fitness / Franchise Resale
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Summary

Currently part of a Franchise brand, but the owner has gained permission to have the centre removed fro the franchise system. Therefore the brand can stay or move to become an independent operation.

Revenue

$340,000 pa

Location Details

Gold Coast

Potential

How many industries do you know that are experiencing growth but are very difficult to break into ? Increasingly tight legislation means existing swim schools face very few new entry competitors.

Whilst this market is set for continued organic growth, this business has additional opportunities to embed itself more in the local community and with schools programs in particular.

Enhanced focus on social media platform presence is also required.

Hours

Monday - Friday; AM and PM classes opening for about 3 hours each time
Saturday & Sunday; AM only

Lease

Current lease expires early 2022, with a further 7-year option available

Reason for Sale

Owner moving on to new projects

About the Business

STOP PRESS - THE OWNER HAS JUST CONFIRMED THAT THE CURRENT CENTRE WILL HAVE A BRAND NEW POOL INSTALLED PRIOR TO THE NEW OWNER TAKING OVER. THIS WILL BE FUNDED COMPLETELY BY THE OWNER AND THEREFORE NOT AFFECT THE ASKING PRICE OF THE BUSINESS.

Currently this business is part of a multi-national Franchise brand. This site has been delighting its young clients for over 4 years and has a strong reputation within the local area. The location itself is highly accessible, centrally positioned on the Gold Coast and offers its patrons free and ampler parking.

The current owner has negotiated with the Franchisor that the new owner has the opportunity to re-brand the school and become an Independent operation, should that be a preferable option. There will be a cost to do this (amount un-known at this stage) but the Franchisor is willing to negotiate with the new owner.

Current operating hours are only around 6 hours per day, less on weekends and this offers the new owner a great opportunity to appeal to new audiences and extend access hours.

Legislation specifically pertaining to new swim school sites, is getting increasingly demanding. This means that potential new entrants into the market are facing longer application, approval and build requirements. This will be sure to deter many who would seek to enter this growing market.

With the right approach there is scope for this business to be run ‘under-management’.


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Member since 27/11/2019

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Listing Details

  • Asking Price
  • $185,000.00
  • Price Comments
  • Reduced
  • Status
  • Franchise Resale
  • Business Type
  • Fitness
  • Franchise Fee
  • If the new owner wished to remain part of the network, then all franchisees fees commitments will be advised at that time