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Newly Established Commercial Real Estate for Sale in Sharjah, United Arab Emirates

1,204 sq m commercial property with gym zoning can be used for variety of activities.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gyms + 1 more
Locations  Sharjah
Local Time 4:36 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: AED 3,750,000)
Reason: Promoter has other business interests & is looking for someone to take over the commercial property ... View More
Includes physical assets worth USD 1 million
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Business Overview

- The property is located in an excellent prime location in Sharjah.

- This property is situated in a 47 story building on the 10th floor with waterfront views and a 24/7 concierge.

- It is spread across a 1,203 sq m area which presents potential buyers with an incredible opportunity to either invest in the existing gym facility or use it for their own ideas.

- Gym was operational 3 years ago.

- This property is fully owned by a single owner with no financing on the property.

- It can be developed as a gym for men and women, a massage center for men and women, including pool facilities for recreation and training plus a cafeteria with service capability of drinks and ready-made food.

Products & Services Overview

Gym for men and women, massage center for men and women, including pool facilities for recreation and training plus a cafeteria with service capability of drinks and ready-made food.

Assets Overview

Land, gym equipment, and the interior setup.

Facilities Overview

1,203.7 sq m commercial gym space located on the 10th floor.

Capitalization Overview
Not Disclosed
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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