Gym for Sale in Rodney Bay, Saint Lucia
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 190 thousand |
Run Rate Sales | USD 192 thousand |
EBITDA Margin | 73 % |
Industries | Gyms |
Locations | Rodney Bay |
Local Time | 1:54 AM America / St Lucia |
Listed By | Business Owner / Director |
Status | Active |
- Latest reported yearly sales were approx. XCD $477,348.45.
- Strong client retention which is usually above 80%.
- Database of 3,500 plus registered gym members.
- Largest, most equipped, and best-located gym on the island.
- 8,700 local Facebook followers which is more than 3 times that of the closest competitor.
- Achieved Facebook monetization eligibility.
- The market leader in St. Lucia as a result of modern facility, equipment set up, and high service levels from the expertise of qualified staff.
- Strong market niche and a loyal following due to focus on demographics, such as women, children, and families.
- Profitable history except for one month.
Pre-pandemic opening and established nearby competition. we generate consistent earnings from a well-established client base and continue to thrive.
- Location provides high visibility, high pedestrian ad vehicular traffic, adequate parking, easy and convenient access to the facility, and key consumer interest (banks, shopping, medical and shipping services, beaches).
- Facilities offer access to modern exercise equipment essential for client retention.
- Unique schedule-based training model amplifies revenue potential, increases service level potential, reduces operating costs, increases accountability, and strengthens customer-staff relationships. This leads to increased loyalty and retention rates.
- 140% avg membership growth and 65% avg revenue growth from the past 3 years.
- Automated gym management system.
- Sale would include the entire business and physical assets.
- We do not require many employees as most of the members train themselves.
- The profit margin is really high since we do not have many employees and the major expense is the rent only.
All gym equipment, fixtures, electronic devices including computers, stereo systems televisions, signage,
Intangible assets include:
3rd party gym management system with 3000+ client database and email list, logos, Instagram social media account, trade secrets, proprietary ideas, growth strategy, etc.
The total value of the physical assets is XCD 516,515, and the owner is selling the business at a discounted price of XCD 450,000.
- Renewable 3-year lease at an average XCD of $10,500.00 per month.
- The landlord is amenable to lease renewal with the new owner.
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Earlier than 15 daysPrincipal, Accounting, Newbury, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Professional Services, Consumer Services, Retail, Construction, Casablanca, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Cleaning Products, Roseau, Individual Investor / Buyer connected with the Business