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Gym for Sale in Dubai, United Arab Emirates

For Sale: Boutique fitness studio in DIFC, part of a massive worldwide fitness franchise network.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 227 thousand
Run Rate Sales USD 163 thousand
EBITDA Margin Nil
Industries Gyms
Locations  Dubai
Local Time 7:42 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 136 thousand (Native Currency: AED 500,000)
Reason: Owners have other jobs and no longer have time available to put into the business.
Includes physical assets worth USD 54 thousand
Documents
Studio
Business Licence
Business Overview
Fantastic and lively fitness studio with active and growing members in the heart of DIFC. Part of an internationally recognized gym franchise with a strong global network. A fantastic investment opportunity with a plug-and-play business model, programs, challenges, and operations already in place.
• Centrally located in DIFC, the growth potential for the type of business in a specific area is extremely large. Companies and employees in the area fit all target demographic.
• Large corporate connections already in place for potential large group sales.
• Very low overhead and negotiated incredible fixed rental rates already in place. (less than AED 80 per sq. ft. )
• A negotiated territory map with exclusive rights to surrounding areas which can allow for expansion in these areas.
• Global network of support, operations, and emergency assistance.
• Fully functional and highly trained staff already in place.
- No franchisor percentage royalty - set fee only.
• Business was profitable post-launch in the first 6 months. Then we suffered minor losses for 2 years and are now at breakeven.
• Sales have been dropping as we lost our entire sales team and almost all our training staff 4-5 months ago. The past months have been used for hiring new staff and training them.
• Target market: Corporate professionals and individuals looking for a premium fitness experience in a boutique setting.
Products & Services Overview
We are a boutique premium fitness studio that runs daily sessions on a set schedule morning and evening and on weekends. Memberships range from monthly to yearly options, or class by class basis as singles or package deals. Retail items available as well.
Assets Overview
Gym equipment, fully furbished studio fit out approx 6 mts completed with new male and female bathroom and change facilities, incorporated tech like TVs, heart rate monitor system.
Facilities Overview
Large 2,400 sqft open studio on podium level 2 inside a small mall in DIFC, which is in a central location in Dubai. The studio has top-of-the-line equipment, technology (integrated heart rate monitoring), and plug & play programming. Male and female changing rooms and showers included.
We pay a monthly rent of AED 15,000.
Capitalization Overview
Two 50% shareholders/owners (husband and wife), in free zone. No debt or outstanding loans. Owners' private savings have funded the business completely, looking to sell 100% ownership. Open to offers.
*All details are to be provided in confidentiality. Please inquire/email for more details.
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This transaction has concluded. View similar business opportunities on SMERGERS
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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