But now, as the COVID-19 pandemic starts to have widespread economic impacts worldwide, Coad is contemplating the worst.

On Sunday night, the Prime Minister announced widespread business shutdowns.

Australia's clubs, pubs and restaurants have been ordered to close from midday Monday, March 23.

Churches, casinos, cinemas, gyms, indoor sports venues and entertainment venues must also close, along with the licensed parts of hotels.

As of March 22 at 6pm, the indoor stadium's doors were shut. For how much longer remains to be seen.

"I've done a budget through to June if we're lucky," Coad said.

"If we can't get stuff happening by then, we will be relying on what subsidies and grants the government are offering."

Sporting event cancellations over the last fortnight have had a substantial economic impact on the business.

"We had a big cancellation last weekend where we lost 10 grand and then the local basketball competition was canned as well the following week," he said.

"So we started the week in the red and it got worse."

Read more: Business grants doubled to $100,000

Coad's most significant concern was re-opening in an environment where budgets and purse strings would be significantly tightened with the effects of the pandemic expected to continue for years.

"When the government says we're right to go again and people can start doing what they want, the economic impact is that people won't have money to play sport so it could drag through to Christmas," he said.

"Sport will be the last thing on everyone's mind."

Despite the bleak outlook, he managed to keep a sense of humour.

"I'm okay, but you've got mortgages to pay and god knows what I might have to eat ... it might have to be baked beans again which I hated as a kid," he said.

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Gyms are also heavily affected with Challenge Fitness owner Scott Tozer admitting they were entering into the unknown.

"It's hard to set a budget because we don't know how long this will go for, but it's going to impact on us heaps," he said.

"Most of our guys are self-contractors so they fend for themselves, but they can't do it at home so we're going to do things online.

"We thought we could run the 24/7 section, but we can't run that either."

Tozer said all direct debits had been placed on hold as of March 22.

"We'll close down and have a look on the other side," he said.

"I can train and that's all that matters. I'm optimistic, but it depends if I get my rent covered, my staff covered and we're all healthy."

World Gym Port Macquarie also released a statement saying all gym contract payments will be put on hold.

"For many of our casual staff and instructors they are now facing a potential income crisis," the statement read.

"These amazing people are everything to us, and we will be working hard with our our team to ensure their mental health and financial situation are cared for."

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