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Gym for Sale in Singapore

Gym with 340 active users and all licenses in place for sale in Singapore.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 263 thousand
EBITDA Margin Operating at loss
Industries Gyms
Locations Singapore
Local Time 2:31 AM Asia / Singapore
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 230 thousand (Native Currency: SGD 300,000)
Reason: Owner is relocating. The advisor charges no upfront fee to the investor, but a success fee of 7 % po... View More
Includes physical assets worth USD 192 thousand
Interested to connect with advisors
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Business Name
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Profile
Business Overview
- The company operates a gym strategically located in a vibrant district of Singapore, blending cultural richness with modernity.
- Company is a franchisee of a renowned brand.
- This is a lucrative opportunity to acquire a multilevel fitness club situated in a thriving locale.
- Acquiring this established business allows for stable operations, a strong club culture, and immediate cash flow, thanks to the meticulous groundwork laid by the current vendors.
- The company holds the necessary unique entity number and employs contract workers for daily operations.
- Due to Covid-19, the business is currently operating at a loss, providing potential for recovery and growth.
- It boasts a strong and loyal membership base of over 340 members.
- A full management team is in place to ensure seamless operation.
- Renowned throughout Asia, the company offers full training and support to facilitate a smooth transition.
- The only flagship outlet in the area with premium pricing.
- Covers a territory of 7 km² (1.5 km radius).
Products & Services Overview
Franchised gym catering to fitness enthusiasts in SG.
Assets Overview
The business is being sold as a going concern on a debt free, cash free basis including all owned items of equipment, fittings and fixtures used in the business.
Facilities Overview
- Evolving location in a bustling neighbourhood brimming with vitality in east SG.
- Features a spacious and well-maintained stand-alone building with onsite parking.
- Large multilevel gym spanning 1,258 m² (13,541 ft²).
Capitalization Overview
Sole owner.
Self funded business.
No loans or debts.
Recent Activity
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2 Buyers contacted this Business this month. 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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