Gym for Sale in Singapore
Established and branded spin studio looking for investor to takeover.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 740 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Gyms |
| Locations | Singapore |
| Local Time | 1:24 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
460 thousand
(Native Currency: SGD 600,000)
Reason: Owner is looking to move overseas, and let go of this business to someone locally to manage and grow...
View More
Includes physical assets worth
USD
154 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(213.1 KB)
ACRA Registration
(214.7 KB)
Business Overview
- Many repeat riders in our database.
- Well-established brand.
- Strong occupancy rates.
- Great location with a ton of walk-by traffic on both weekdays and weekends.
- Business runs nearly on auto-pilot.
- Strong numbers with upside once fully ramped up, as outlet has only been opened a few months.
- This location is a franchised outlet.
- We have only 1 full-time operations manager and 10+ part-time staff working on a rotation basis. We do not have to hire any trainers, all trainers are managed directly by HQ.
- Well-established brand.
- Strong occupancy rates.
- Great location with a ton of walk-by traffic on both weekdays and weekends.
- Business runs nearly on auto-pilot.
- Strong numbers with upside once fully ramped up, as outlet has only been opened a few months.
- This location is a franchised outlet.
- We have only 1 full-time operations manager and 10+ part-time staff working on a rotation basis. We do not have to hire any trainers, all trainers are managed directly by HQ.
Products & Services Overview
We offer an intense yet fun spin class that allows members to effectively burn calories in an indoor environment with pulsating LED lights, great music and inspiring instructors.
Assets Overview
Tangible assets: 50 Spin bikes worth SGD 120k, while the rest of the assets like weights, LED lights, audio systems, computer equipment, and laptops are roughly worth SGD 80k.Intangible: A great location, fun cult (ture) amongst riders, tons of repeat customers, huge rider database.
Facilities Overview
Over 2,500 sqft of leased space from a mall in Central Singapore, on a 3yr+3yr contract (over 5 years remaining).
Capitalization Overview
There is an equipment loan taken for SGD 96k over 3 years (SGD 3k/month). 2 shareholders who are at 50/50 ownership.CapEx of over $1m incurred with top-notch facilities.
Recent Activity
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Earlier than 15 daysTrader, Financial Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Engineering And Manufacturing, Hong Kong, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fitness Center for Sale in Singapore
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·Buy Newly Established Fitness Center in Singapore
·Newly Established Gym for Sale in Singapore
·Purchase Newly Established Gym in Singapore
·Newly Established Fitness Center for Sale
·Buy Newly Established Gym in Singapore
·Newly Established Gym for Sale
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