Gym for Sale in Singapore
For Sale: Gym of a reputed brand for boxing and fitness with 80+ paid members.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 108 thousand |
| Run Rate Sales | USD 110 thousand |
| EBITDA Margin | 20 % |
| Industries | Gyms |
| Locations | Singapore |
| Local Time | 8:57 PM Australia / Darwin |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
46 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
38.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(214.0 KB)
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.
- 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
-
1 day, 15 hours agoVP Marketing, Computer Training Institute, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Medical Device, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Electrical Installation, Lyon, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses