Gym for Sale in Thane, India

- A profitable gym started in the year December 2020 in Thane.

- The gym has around 350 active members which is way higher for a new set up and membership fees are INR 12,000 per year.

- The area size is about 4,900 square feet.

- Premise is on lease for 5 years and the monthly rent is INR 2,35,000 and there is also a huge parking space.

- A part of the gym is subleased which reduces the rent.

- Has all types of latest equipment and amenities such as weight machines, cardio machines, dumbbells entire set 3 racks, plates up, all kickboxing equipment, weighing machine with BMI, air conditioners, CCTV, biometric (fingerprint scanner), sound system, changing room & washroom for boys/girls, all fittings & office furniture.

- Total number of employees is 9.

- Last year's turnover is a bit down due to the covid crisis.

- Liability-free business with two stakeholders.

The business has all types of equipment and offers services and amenities such as weight machines, cardio machines, dumbbells entire set 3 racks, plates up, all kickboxing equipment, weighing machine with BMI, air conditioners, CCTV, biometric (fingerprint scanner), sound system, changing room & washroom for boys/girls, all fittings & office furniture. Separate area for open gym, cross fit.

Equipment, air conditioning, sound system, etc are the major tangible assets owned by the company.

The business is established on a leased property in Thane.

- The business is self-funded.

- The gym is a proprietorship between two owners with equal ownership and has no debts or liabilities.