Fit for Sale: Rutherford Fitness Hire & Sales

Owner wants Sold – time to move on! 
 
This Hawke's Bay business is well established with a great reputation and a solid track record over the past 7 years. The successful purchaser will benefit from the existing client base and recurring passive income while seizing the opportunity to grow the business into other untapped regions covered in the license.
 
Rutherford Fitness Hire and Sales is a dedicated fitness hire company focused on delivering hand picked, high spec fitness equipment to clients' homes. The company was founded over 20 years ago and enjoys being the only fitness hire business currently operating in Hawke's Bay and has extensive ongoing support from the master franchise which is based in Palmerston North. The business has multi-income streams including monthly equipment hire, both short and long term, and sales direct to existing and new clients. It is a great business model which allows clients to try the product before they buy and has a recurring passive income stream.
 
The business operates from a retail premises in Napier located on Carlyle Street, with options to keep the business operating from this site, or on expiry of the lease move the business to a new location or base it from home. The operating region includes Dannevirke, Hastings, Napier and through to Wairoa and Gisborne which are currently not being serviced. 
 
Hire it, try it, love it, buy it!  
https://www.rutherfordfitness.co.nz
 
The offering includes stock, delivery van and finance book with recurring monthly income.
 
– Multi-income stream with passive income from leasing.
– Opportunity to grow the business through the franchise territory into Wairoa and Gisborne.
– Existing lease income providing instant cashflow.
– Strong franchisor with over 20 years in the industry offering high level training, support and marketing.
– A strong retail presence with an opportunity to extend the lease or relocate the business.
– Business sold with all stock and assets.
– Full support from the outgoing operator.

Agency reference #: NZL67025594