Gym for Sale in Dammam, Saudi Arabia
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 470 thousand |
Run Rate Sales | USD 470 thousand |
EBITDA Margin | 20 % |
Industries | Gyms |
Locations | Dammam |
Local Time | 10:39 AM Asia / Riyadh |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Situated in a prime location and benefiting from high foot traffic and easy accessibility, which enhances its attractiveness to potential customers.
- The business generates revenue through multiple streams, including membership subscriptions, personal training services, retail and merchandise sales, as well as partnerships and collaborations, providing a diversified income base.
- The fitness center offers a range of services such as indoor cycling, re-axing, cardio & strength, and boxing.
- Major revenue source is through memberships. Memberships range from 1 month to 12 months, with a fee ranging from SAR 1,099 to 5,999.
- The business has established a strong brand presence within the local community and on social media platforms, supported by positive reviews and robust social metrics, which can potentially drive customer acquisition and retention.
- Has a strong membership base that serves as a cornerstone for profitability and provides significant potential for future growth and expansion.
- The fitness center boasts state-of-the-art equipment and a wide range of classes, offering an extensive array of facilities and services.
- There are 6 permanent employees. additional part-time employees are hired based on season and demand.
- Membership subscriptions.
- Personal training services.
- Retail and merchandise.
- Partnership and collaborations.
Services include: indoor cycling, re-axing, cardio & strength, boxing etc.
Majority of revenue is through memberships.
Intangible assets include website, branded app, customer database, and business know-how (SOPs).
Total area ~ 750 sqm.
Total rent of ~ SAR 385,000/year.
- The growth of the business has been purely organic with no loans to support it.
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Earlier than 15 daysFinancial Dealer, Bank, Al Khobar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, IT Services, Saint Paul, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Oil And Gas, Dammam, Individual Investor / Buyer connected with the Business