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Gym for Sale in Narasaraopet, India

For Sale: High-quality premium gym, fitness studio, unisex salon, beauty parlor, cafe.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 20 - 30 %
Industries Gyms + 1 more
Locations  Narasaraopet
Local Time 5:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: INR 19,999,999)
Reason: - Owner is planning to move overseas. - This is a fair valuation based on the existing customers, g... View More
Includes physical assets worth USD 220 thousand
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Business Overview

- Gym with machine set-up, treadmills, cross-trainers, cycles, functional zone, and dedicated room for aerobics, Zumba, and yoga group classes.

- In addition to the fitness studio, we have a beauty parlor for both men and women. Most of our existing gym members will utilize the beauty parlor services as well.

- We have a cafe that also serves light food and nutrition packages for our gym members and others.

We have certified and experienced trainers who are able to help clients to achieve their fitness goals in the most healthy way.

- We have a separate salon staff.

Have over 300 active and happy clients. Testimony to that is our Google listing, which has a 4.7-star rating currently.

- We generate revenue by charging customers for different gym packages like monthly, quarterly, and annual subscription fees. Most of our customers opt for the annual package.

- The gym can cater to around 75-100 customers at a given time. Around 40-45% of the revenue is from the gym, 35-45% is from the salon and the remaining revenue is from the cafe business. INR 5-5.5 lakh from the gym, INR 3-4.5 lakh from the salon, and around INR 1 lakh from the cafe per month. The market is there for up to 1.5 cr business revenue generation per year.

- The company is run by 2 owners.

- Business has a term loan for a small amount and no issues.

- One of the owners is in Ireland so planning to sell the business.

- The facility is located close to the city mentioned on the profile.

Products & Services Overview

- Gym with all the following services: Strength and weight training, personal training, weight loss training, Zumba, yoga, cross-fit and HIIT.

- Beauty parlour for both men and women.

Men: Stylist hair cut, hair wash, hair conditioning, de-tan face pack, beard trim, all types of facial, massage.

Women: Hair cut, hair wash, hair conditioning, de-tan face pack, eyebrows, all types of facial services, manicure, pedicure, coloring.

- Cafe for coffee, tea, light food, noodles, pasta, chicken fry, and nutrition packages to the gym customers.

Assets Overview

All the 65+ fitness pieces of branded equipment, entertainment units, computers, audio system, furniture, and LED signboards. Full list of assets will be shared upon further discussion.

Facilities Overview

Total floor space: 7,500 sq. ft.

Gym is built on around 3,000 sq. ft. carpet area on a single floor, 2,500 sq. ft for beauty parlour, 1,000 sq. ft for aerobics, yoga. 500 sq. ft for the cafe and 500 sq. ft for a reception area.

We pay a monthly rent of INR 1,38,000, which is inclusive of the maintenance charges. The lease agreement is transferable to the buyer.

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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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