Gym Investment Opportunity in Dubai, United Arab Emirates
|Employees||5 - 10|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 650 thousand|
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||25 %|
|Local Time||2:19 PM Asia / Dubai|
|Listed By||Business Owner / Director|
- 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.
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.
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.
3,155 sq. ft. of leased space. Monthly lease rent of AED 45,000. The facility is equipped with a mezzanine floor.
1 week, 5 days agoSenior Sales Consultant, Real Estate Agency, Dubai, Individual Investor / Buyer connected with this business
Earlier than 15 daysAssociate, Legal Services, Dubai, Individual Investor / Buyer accepted business proposal
Earlier than 15 daysManagement, Financial Services, Mumbai, Corporate Investor / Buyer connected with this business