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Gym Seeking Loan in Dubai, UAE

For Sale: Company subletting fitness studio space on hourly basis particularly for freelance fitness coaches.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 270 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 40 %
Industries Gyms
Locations  Dubai
Local Time 10:24 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 540 thousand for 7.5% annual interest, 5 years (Native Currency: AED 2,000,000)
Reason: To expand the business.
Collateral Available: USD 270 thousand
Includes physical assets worth USD 330 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Fitness studio rental business based in Dubai.
- We used to provide fitness services like yoga coaching and gym training before but now we have changed the business model by just renting out the studios.
- We promote our facility for all the freelancer coaches in the UAE.
- The facility is built with world-class technologies using hi-tech equipment.
- The entire facility interior is the biggest asset which gives a very great atmosphere for users to enjoy the space.
- A cool smoothy bar for the user to relax.
- An average of 5-8 hours of the day will be booked.
- We pay the land owner AED 25,000 in rent monthly but we sublet the space to our clients and receive around AED 85,000 as monthly rent. Hence, we are able to generate the provided revenue by having just 3 employees.
Products & Services Overview
The company rents out PT and fitness studio space for freelancers.
Assets Overview
The gym equipment. The technology behind the big screens monitors the health conditions during workouts. Cool coffee bar and pleasant yoga studio & Instagram PT Studio with all equipment. The biggest asset is fixed rentals which we have contracted for the next 1 year.
Facilities Overview
The center is located in the center of the city on 1 floor (total of 6 studios) to rent out at any given point in time. We pay a monthly rent of AED 25,000.
Capitalization Overview
- It is owned by a single owner with 100% ownership.
- No liability on the facility as well.
- The business is funded by the owner.
Recent Activity
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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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