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Goodlife said it also planned to invest an additional $5 million upgrading the newly acquired Fitness First clubs.
Ardent, which also owns Dreamworld on the Gold Coast, will tap investors for $50 million in a capital raising to help pay for the purchase.
"We have absolute clarity about the power of fitness to support our members’ aspirations to access happier, healthier, more enriched lives, both inside the gym and beyond. We have set our focus firmly on building the most motivating, fitness-leading clubs in Australia to support this vision, delivering our fitness philosophy within a culture of care and service."
Manuel added "the sale delivers the perfect opportunity to really accelerate our club refurbishment program with an injection of capital.
Fitness First Australia sells West Australian clubs to Ardent Leisure
The transition will see memberships at all of Fitness First’s Western Australian clubs honoured by Goodlife Health Clubs, with members gaining access to another seven Goodlife Health Clubs across the state.
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Ardent will acquire Fitness First clubs in Balga, Cannington, Floreat, Innaloo, Myaree, Brookfield Place (Perth CBD), Murray Street (Perth CBD) and Subiaco – with the clubs to become part of Ardent’s Goodlife Health Club chain when the deal is concluded.