Gym for Sale in Kuala Selangor, Malaysia
For Sale: Gym with 200 active members located in a strategic location in Kuala Selangor.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 58 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Gyms |
| Locations | Kuala Selangor |
| Local Time | 7:10 PM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
243 thousand
(Native Currency: MYR 1,000,000)
Reason: The owner is leaving the country for other business opportunities. The valuation of the business is ...
View More
Includes physical assets worth
USD
158 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Incorporation
(211.9 KB)
Business Overview
- The business is at its acceleration stage and there are more than 200 active members.
- The promoter has previous experience in this industry and has established the gym in a strategic location.
- The business premises makes it easy for the business to generate sales conveniently.
- There are 2 trainers for our members.
- Our monthly plan costs MYR 175, the 6-month and 10 months plans are based on a contract and the members pay MYR 165, and MYR 155 respectively per month if they choose this contract.
- The gym has about 300 registered members.
- Our sales varies based on subscription renewals, we estimate to reach annual sales around MYR 190000 by the end of the year.
- We are a duly certified company with all the necessary licenses and certifications.
- The promoter has previous experience in this industry and has established the gym in a strategic location.
- The business premises makes it easy for the business to generate sales conveniently.
- There are 2 trainers for our members.
- Our monthly plan costs MYR 175, the 6-month and 10 months plans are based on a contract and the members pay MYR 165, and MYR 155 respectively per month if they choose this contract.
- The gym has about 300 registered members.
- Our sales varies based on subscription renewals, we estimate to reach annual sales around MYR 190000 by the end of the year.
- We are a duly certified company with all the necessary licenses and certifications.
Products & Services Overview
There are two big classes used for group classes /exercise such as yoga, Zumba, Tabata, and HIIT workouts. An additional studio hall for the spinning class/studio. There’s a reception and two offices. There are six male showers and two toilets and 6 female showers and two toilets.
Assets Overview
The buyer is getting all of the equipment in the gym which would cost around MYR 650k.
Facilities Overview
The gym premises is located on the top floor and it has a good and affordable lease/rental price and the lease agreement is valid for more than 4 years.The rent is MYR 6.5k per month. We occupy a space of 11k to 12k sqft in a mall in Kuala Selangor.
Capitalization Overview
Business is not having any loans and there are no debts of any kind. There are only two directors but the company is completely owned by a single owner, the second director is a sleeping partner who owns 4% shares of the company and the main owner owns 96/% of the company shares.
Recent Activity
-
1 week, 3 days agoCEO, Investments And Transformation, Kuala Lumpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Broker, Singapore, Business Broker connected with the Business
Tags:
Fitness Center for Sale in Kuala Selangor, Malaysia
·Purchase Fitness Center in Kuala Selangor, Malaysia
·Buy Fitness Center in Kuala Selangor, Malaysia
·Gym for Sale in Kuala Selangor, Malaysia
·Purchase Gym in Kuala Selangor, Malaysia
·Buy Gym in Kuala Selangor, Malaysia
·Fitness Center for Sale
·Gym for Sale
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,000+ other businesses of all sizes.
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.
You might also be interested in these businesses