Business Overview
- Aquatics coaching business with 2 leased locations in Dubai.
- Started 5 years ago and has about 870 clients in 2 locations.
- Cater to both children and adults, with 70% of the clientele being children.
- We are contracted by two schools for swimming lessons as well.
- Also offer specialised courses for aqua aerobics and people with special needs.
- The buyer gets the franchise agreement for the UAE branches with a 15-year validity and will have to only pay a monthly royalty of 10%.
- The buyer gets 1 trade license (Free Zone), the franchise agreement, and physical assets.
- The FZ LLC entity has two equal owners.
- The UAE locations are part of a global franchise that started 12 years ago in South Africa and is currently present in 2 cities on the east and west coast with 6 branches in South Africa. Started in India last year with 1 branch. Just launched in UK recently.
Products & Services Overview
- Swimming + water polo lessons for children and adults.
- Swimming + water polo lessons for people with disabilities and special needs.
- Competitive swimming + water polo for children and adults.
- Aqua aerobics for adults.
- Swimming + water polo lessons for toddlers.
- Aquatic training courses accredited by a UK governing body.
Capitalization Overview
The business is operational and funded by itself currently. There are no loans. Owners own 50:50 of the freezone business.
Assets Overview
Swimming equipment, office equipment, company laptop, and company phones.
Full Sale
Asking Price:
USD
270 thousand
(Native Currency: AED 1,000,000)
Reason: Owners are leaving UAE for a start-up in the UK.
Includes physical assets worth
USD
5.4 thousand
Interested to connect with advisors
In talks with 3 Investors