Gym for Sale in Singapore
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | USD 110 thousand |
Run Rate Sales | USD 112 thousand |
EBITDA Margin | 20 % |
Industries | Gyms |
Locations | Singapore |
Local Time | 7:09 AM Australia / Darwin |
Listed By | Business Owner / Director |
Status | Active |
- Has a loyal member base and it is growing.
- Close to NUS and business centres, attracting residential and corporate clients.
- Revenue model has both recurring subscription and upfront payments.
- Gym is a franchise of a well known brand and the business has a registration certificate.
- Royalty is being paid. Additionally, we have to pay SGD 25K every 3 years to continue with the brand.
- Has 80 paid members and 10 credit based members.
- Employees work on a contract basis.
Gym membership, personal training, and merchandise sales for all age groups.
- Boxing ring.
- Boxing bags.
- Weights and training equipment.
Intangible:
- Permission to use branding from the franchisor.
- Recurring loyal members.
- Lease agreement in place till September of next year.
Facility has:
- Boxing ring.
- Boxing bags.
- Shower and toilet areas.
- Change room areas.
- Weights and training equipment.
No bank liabilities.
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4 days, 17 hours agoBusiness Owner, Hospitality, Wellness & Healthcare, Singapore, Individual Investor / Buyer connected with the Business