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Gym for Sale in Panipat, India

Franchise of a renowned USA based fitness chain with over 400 members.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Gyms
Locations  Panipat
Local Time 12:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: INR 15,000,000)
Reason: Company wants to exit the current business and start a different one.
Includes physical assets worth USD 180 thousand
Interested to connect with advisors
Documents
Business Overview

- Currently we have more than 400 active members and we are the only brand in the entire city.

- The entire strength and cardio equipment at the gym is set up by Matrix, USA.

- The franchise is renewable after every 10 years and currently has 8 years left on the agreement.

- Net yearly profit for Nov ‘17 to Nov ‘18 was approximate 70 lacs.

Products & Services Overview

Personal Training, Strength Training, Cardio Training, Dedicated Group Activity studio, Body Composition Analyzer.

Facilities Overview

5,000 Sq Ft Gym with functional training and dedicated group activity space.

The company doesn’t own the building, we have an active rental / lease agreement and we pay around Rs. 25 per sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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