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Newly Established Gym for Sale in Pune, India

For Sale: Franchise owner of a gym chain with 800 registered members at a popular location.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gyms
Locations  Pune
Local Time 8:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: Owner wants to focus on alternate businesses.
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Documents
Business Overview

- Franchise owner of a popular chain of gyms. We receive daily foot fall of 170 - 190 members. The gym is located at a prime location.

- We have 800 registered members at our gym.

- The gym provides a variety of fitness activities some of which include yoga, Zumba, functional training, and Pilates. We also offer dieting and consultation services.

- The gym has been temporarily shut due to the ongoing pandemic.

- We operate on the basis of a key card system since we are a part of a global chain. As a result, registered members of the brand from anywhere in the world can use this location as long as they have their key-card with them.

- According to the franchise agreement, the owner needs to pay INR 1,00,000/monthly. The duration of the agreement is 6 years out of which one year has passed.

- Prior to the pandemic, we had 10 personal trainers. Currently, we have put our staff on temporary leave.

Products & Services Overview

Gym and other fitness services some of which include yoga, Zumba, and functional training.

Assets Overview

Fitness equipment some of which include cardio, weights, elliptical, and cycling machine. We also have 21 - 22 speakers, 30 - 35 CCTVs, water dispenser and BMI measuring machine.

Facilities Overview

The gym has an area of 5,500 square feet. Pay a monthly rent of INR 4,00,000 on the property.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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