Gym for Sale in George Town, Malaysia
Commercial gym in Queens waterfront, Penang, 700+ members offering Les Mills-certified classes and personal training.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 380 thousand |
| Run Rate Sales | USD 370 thousand |
| EBITDA Margin | 3 % |
| Industries | Gyms |
| Locations | George Town |
| Local Time | 3:12 PM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
620 thousand
(Native Currency: MYR 2,600,000)
Reason: We are selling this business to venture into other businesses.
In addition to pursuing new ventures...
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Includes physical assets worth
USD
470 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
SSM Certificate
(566.7 KB)
Gym Equipment List
(12.7 KB)
Business Overview
• Fully equipped commercial gym located at Queens waterfront, Penang, offering group exercise classes and personal training services.
• Provides Les Mills–certified group fitness programs and customized personal training sessions to help members achieve their fitness goals.
• Serves over 700 active members, reflecting strong brand loyalty and consistent membership retention.
• Facilities include pin-loaded machines, free-weight equipment, treadmills, and modern training zones.
• Experienced part-time trainers lead group and personal sessions, ensuring flexibility and quality service.
• Registered with SSM (Companies Commission of Malaysia) and operates in compliance with local fitness regulations.
• Positioned in a premium location within Queens waterfront, attracting both residents and professionals seeking a full-service fitness experience.
• Represents a stable and scalable fitness business model with recurring revenue from memberships and training programs.
• Provides Les Mills–certified group fitness programs and customized personal training sessions to help members achieve their fitness goals.
• Serves over 700 active members, reflecting strong brand loyalty and consistent membership retention.
• Facilities include pin-loaded machines, free-weight equipment, treadmills, and modern training zones.
• Experienced part-time trainers lead group and personal sessions, ensuring flexibility and quality service.
• Registered with SSM (Companies Commission of Malaysia) and operates in compliance with local fitness regulations.
• Positioned in a premium location within Queens waterfront, attracting both residents and professionals seeking a full-service fitness experience.
• Represents a stable and scalable fitness business model with recurring revenue from memberships and training programs.
Products & Services Overview
Group exercise classes under Les Mills programs and personal training for fitness enthusiasts and working professionals.
Assets Overview
Tangible assets:- Full inventory of gym equipment.
- Office furniture and facility fixtures.
Intangible assets:
- 700+ active memberships.
- Established customer base and brand goodwill.
Facilities Overview
- Location: Queens Waterfront, Penang.- Size: 14,000 sq ft.
- Equipment: Fully equipped with pin-loaded machines, free weights, and treadmills.
- Monthly rent: MYR 53,000.
Capitalization Overview
- Outstanding payments to creditors and director loans totaling approximately MYR 150,000 to MYR 200,000.- Business jointly owned by 4 individuals with equal equity shares.
Tags:
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