Profitable Gym Seeking Loan in Kuala Lumpur, Malaysia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 thousand |
Run Rate Sales | USD 200 thousand |
EBITDA Margin | 35 % |
Industries | Gyms |
Locations | Kuala Lumpur |
Local Time | 4:55 PM Asia / Kuala Lumpur |
Listed By | Business Owner / Director |
Status | Active |
- Locally grown international standard health and wellness brand.
- Brand partnership with LesMills Asia, Impulse Fitness Asia, SenangPay, Swingvy HR and InBody Tracking.
- Currently have 550 members in system, and an average of 100-130 individuals visit every day to use the gym.
- 1 branch is fully operational and 3 branches are under pre-sales. 2 of these branches will be operational next month.
- Other than our current branch we have signed a total of 4 new branch leases.
- YOY Membership growth by 120%
- Projecting 4,000 member base with revenue Over MYR 6M (US$1.4M) by next year (growth over 1,100%)
Fitness center offering - eight loss program, zumba, yoga, running club, personal training, group exercises studio, free weights area, functional zone, body assessment machine, shower and toilets, lockers.
Branch 1 - Full equipment purchase value at MYR 1.3 million.
Branch 2 -Full equipment purchased value at MYR 3,50,000.
Branch 3 - Full equipment purchased value at MYR 4,00,000.
Other Intellectual equipment and office Items: MYR 1,00,000.
First Branch:
9,100 sq. ft. - A Grade Building, 1 Floor with the rent of MYR 23,661 - 1 year left with the option to renew for another 3 years.
2nd Branch (Opening next month):
6,000 sq. ft. - SOHO Unit 1 floor with rent of MYR 8,500 - new lease for 3 years with an option for another 6years.
3rd Branch (Opening next month)
16,213 sq. ft. - Prominent shopping mall - no fixed rent - 20% on gross turnover. New lease for 3 years with an option for 6years.
4th Branch (Opening in 3 months)
10,015 sq. ft. - New shopping mall with rent of MYR 28,000 - new lease for 6 years.
5th Branch (Opening in 2 months)
13,600 sq. ft. - A-Grade building surrounded with office and high-end condominium - no fixed rent - 20% of Gross Turn Over - New Lease for 3 years with an option for another 6 years.
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Earlier than 15 daysManaging Director, Singapore, Financial Consultant connected with the Business
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Earlier than 15 daysManager, Oil And Gas, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysRegional Director, Bio-enzyme Manufacturer, Petaling Jaya, Individual Investor / Buyer connected with the Business