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Gym for Sale in Singapore

For Sale: Gym of a reputed brand for boxing and fitness with 80+ paid members.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 47 thousand (Native Currency: SGD 60,000)
Reason: The owner has moved to Australia and wants to exit the business. Without being physically present, i... View More
Includes physical assets worth USD 39 thousand
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Business Overview
- Business has been established and open for 5 years.
- 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.
Products & Services Overview
Top services:
Gym membership, personal training, and merchandise sales for all age groups.
Assets Overview
Tangible:
- 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.
Facilities Overview
Gym located within a 1,550 sq ft rented space.
Facility has:
- Boxing ring.
- Boxing bags.
- Shower and toilet areas.
- Change room areas.
- Weights and training equipment.
Capitalization Overview
Single investor funded with a simple director structure.
No bank liabilities.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
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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