Gym for Sale in Bangalore, India

- We are a plug and play and technology based gym that is located at a premium location in Bangalore.

- Have developed 2 support applications for our members that is available on the Google Play Store. One is for corporate members while the other application is for our private customers.

- We had one franchise partner for our brand from 2010 to 2015. Currently, the gym does not have any franchises.

- Attendance at the gym is tracked through the application by scanning a QR code that is present at the reception. We provide customized training plans and videos through the mobile application based on our member's health parameters. Important metrics like BMI and BMR can be measured and tracked through the application.

- Prior to the pandemic, we had at least 100 members registered on average. At present, the gym has recently reopened and we have 40 members; the numbers of registered members are increasing steadily. We have a customer database comprising of 800+ members.

- We charge INR 3,300 on a monthly basis and INR 17,000 (excluding tax) for our annual subscription plans. Besides that, we have a variety of customized plans for the other activities that are offered at the gym like Yoga and Aerobics.

- We also enter into 5 year agreements with different companies for corporate training programs. Have provided training to 13 companies till date. We received a best MSME award for our excellent corporate services by Silicon India. We are in the process of acquiring Accenture as our client.

- One of the key advantages of this gym is that is plug and play. It is fully equipped and a lot of important functions can be handled by the application. Owing to our business model, it is possible to hire lesser staff in comparison to a typical gym. As a result, we only have 2-3 fitness trainers because there is no need for more of them.

- Have a functional website and an active Facebook page (53,000+ likes) where we post regular updates regarding the business. We have engaged in paid digital marketing for the same. We are registered on Fitternity and other online portals.

We offer gym based activities, cardio, cross-fit, yoga, aerobics, personal training, unique DRS training, app based workouts and online training.

The asset breakdown in terms of gym equipment has been provided: Celebrity Life T970 (treadmills) x 2, Life Fitness X1 (Cross Trainer) x 2, Celebrity Life (bikes) x 2, Spin Bikes x 2, Smith Machine (Precor) x 1, Functional Trainer (Precor S3.23) x 1, Multi Biceps/Triceps (Inflight Fitness) x 1, Inner/Outer Thigh (Inflight Fitness) x 1, Multi Fly (Inflight Fitness) x 1, Fit-3 Multi Station (Life Fitness) x 1, Hexagonal Dumbbells - 1 Kg to 20 Kg (185 Kg), Barbells - 7 feet, 5 feet, 3 feet, EZ Bar, W-Bar, and Weight Plates in pairs of (2.5 kg x 6) (15 kg x 6) (20 kg x 2) (10 kg x 2) (5 kg x 2).

Besides the aforementioned equipment, we also have: Multipurpose Bench x 3, Cross-Fit Station x 1, Reebok Steppers x 10, Swill Ball x 3, Medicine Ball x 2, and Punching Bag x 1.

The gym has the following furniture: Reception Table x 2, Desktop Computer x 1 No, 30' LCD TVs x 2, Split AC x 4, Wall-Fans x 6, Round Table with Four Chairs x 1 and UPS Generator x 1.

Besides that, the gym interiors like mirrors and glass partitions have been included in the asset value.

It is located on the 2nd floor with an area of 1,600 square feet, reception area, yoga room, gym area, 2 toilets and washrooms. We pay a monthly rent of INR 40,000.