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Gym for Sale in Chennai, India

For sale: Gym located in Valasaravakkam with more than 100 active members.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 30 - 40 %
Industries Gyms
Locations  Chennai
Local Time 6:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 14 thousand (Native Currency: INR 1,200,000)
Reason: The owner is not able to manage the operations.
Includes physical assets worth USD 14 thousand
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Business Name
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Business Overview
- Gym with branded gym equipment that is functional and well maintained.
- Located in the prime locality which is 100 meters from Arcot road.
- Operates from 5.30 AM to 9.00 PM and provides weight training, strengthening cardio, and cross fit.
- Gym can accommodate 40-50 members at a time.
- Currently have more than 100 active members and a database of over 1,500 people.
- Subscription-based revenue model: 1 month (1,500 Rs), 3 months (4,000 Rs), 6 months (6,500 Rs) and 1 year (10,000 Rs).
- Have 2 certified trainers with experience of 3 years and a fitness manager.
- Company is a sole proprietorship and has no debts or liabilities.
Products & Services Overview
Functional workout, group workout, cardio and cross fit.
Assets Overview
Tangible- gym equipment, 8-ton AC, CCTV, biometric, music system, water dispenser, sofa, and 1 computer.
Intangible- brand and goodwill.
Facilities Overview
Area of 2,400 sqft on the first floor at prime location with a monthly rent of INR 32,000/-.
Capitalization Overview
- It is fully self-funded and the business is a sole proprietor ship.
- There is no current loan on the business.
Recent Activity
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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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