Gym for Sale in Chandigarh, India

Gym in Chandigarh at a prime location with all branded machines and over 550 members.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 120 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 50 %
Industries Gyms
Locations  Chandigarh
Local Time 10:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: INR 6,500,000)
Reason: Going to settle abroad.
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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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%

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.

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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.
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