Gym for Sale in Chandigarh, India
Gym in Chandigarh at a prime location with all branded machines and over 550 members.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 104 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 50 % |
| Industries | Gyms |
| Locations | Chandigarh |
| Local Time | 8:33 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
75 thousand
(Native Currency: INR 6,500,000)
Reason: Going to settle abroad.
Includes physical assets worth
USD
75 thousand
Interested to connect with advisors
Business Overview
- One of the best gyms in Chandigarh.
- Best location of Chandigarh close to Punjab university.
- Have more than 550 active members.
- New imported and branded machines with the best interior.
- Business is completely setup and requires no further investment.
- One of the famous gyms in the Tricity.
- Due to the suspension of classes at a nearby college due to the pandemic, revenue has dropped by INR 2 lakhs/month which is expected to reverse when classes resume.
- Have negotiated a lower rent with the landlord for the duration of the pandemic which has improved our EBITDA margins to 50%
- Best location of Chandigarh close to Punjab university.
- Have more than 550 active members.
- New imported and branded machines with the best interior.
- Business is completely setup and requires no further investment.
- One of the famous gyms in the Tricity.
- Due to the suspension of classes at a nearby college due to the pandemic, revenue has dropped by INR 2 lakhs/month which is expected to reverse when classes resume.
- Have negotiated a lower rent with the landlord for the duration of the pandemic which has improved our EBITDA margins to 50%
Products & Services Overview
Gym, cardio, crossfit, dance, aerobics and personal training.
Assets Overview
All the assets including gym equipment, weights, bars, dumbells, machines.
Facilities Overview
A rented gym of 2,800 Sq. Ft. in Chandigarh. Currently pay a reduced rent of INR 1.68 lakhs/month due to the pandemic. Rent is expected to revert to around INR 2.5 lakhs/month after the pandemic is over.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysGeneral Manager, Fitness Center, Chandigarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Head, IT Services, Chandigarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Summer Camp, Chandigarh, Individual Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
