Gym Investment Opportunity in Dubai, United Arab Emirates

One of the 1st group exercise & indoor cycling studio in the Middle East seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 650 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 25 %
Industries Gyms
Locations  Dubai
Local Time 2:19 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 140 thousand for 15.0% stake (Native Currency: AED 500,000)
Reason: Seeking funds for working capital in order to mitigate the additional social distancing measures and... View More
Includes physical assets worth USD 540 thousand
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Business Overview

- Boutique group fitness studio in Dubai.

- Centre offers different types of training sessions for strength, mind and body.

- Operate on both a membership and a pay per class model.

- Conduct around 500 sessions each month.

- The average batch size per session is around 20 to 25 members.

- The sessions are conducted with the help of 20 professionally certified trainers who serve as contract staff.

- We were the first in the Middle East to offer a popular immersive indoor cycling program which is licensed from a well know New Zealand based athlete.

- The business is operationally efficient and offers a mobile application that allows users to schedule and track their classes.

- The business has strong cash flows and has been operationally profit since inception breaking even with 1 year of operations.

- However, due to the COVID-19 pandemic, the business was forced to suspend operations and is now allowed to resume them at 30% capacity. This is expected to improve as the healthcare situation improves.

- Promoter has over 16 years of experience in the fitness training space.

- Physical assets owned by the business include fitness equipment.

Products & Services Overview

Fitness studio offering classes in Zumba fitness, hatha yoga, vinyasa yoga, spinning, mat pilates, Tabata, strength and conditioning, cycling, HIIT, belly dance, and other programs targeted towards weight loss, toning up, improving flexibility, or strengthening the body.

Assets Overview

The business owns the following assets: 41 BodyBike smart plus bikes, state of the art QSC and Bose AV setup, website, app, and e-commerce platform, 2 state of the art fitness studios, 30 meters immersive curved screen with dual Panasonic projector setup, Les Mills smart fitness kit / weights / steps and Apple computer systems and iPads.

Facilities Overview

3,155 sq. ft. of leased space. Monthly lease rent of AED 45,000. The facility is equipped with a mezzanine floor.

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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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