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Sports Facility for Sale in Muscat, Oman

Profitable running premium gym and sports center with gym, pool, squash, padels, cafe.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 340 thousand
Run Rate Sales USD 374 thousand
EBITDA Margin 15 %
Industries Sports Facilities + 1 more
Locations  Muscat
Local Time 7:14 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: OMR 225,000)
Reason: To focus on other businesses.
Includes physical assets worth USD 580 thousand
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Business Overview
- Located in Muscat, our premium sports facility is the largest private club in the county, encompassing two state-of-the-art gyms, a swimming pool, two squash courts, two padel courts, and a sophisticated cafe.
- Currently serving a robust community of 1,200 members, our gym and sports center offer a thriving business model with steady membership revenue and potential for growth.
- Comprehensive services offered include gym subscriptions, squash and padel training classes, swimming subscriptions, and engaging lessons, enhancing the overall member experience.
- With a dedicated team of 12 employees, the facility ensures top-tier service delivery, offering personalized and professional support to all patrons.
- The cafe within the sports center serves as a social hub for members, adding an additional revenue stream and enhancing customer retention through food and beverage services.
- Buyer can use the same brand or rebrand the business.
- This business presents a unique investment opportunity in Muscat's thriving health and fitness sector, promising profitability with a foundation of premium facilities and services.
- Business has an operational license.
- We have multiple businesses under the group and we are looking to sell one branch.
Products & Services Overview
Services:
Gym subscription.
Squash and padels training classes.
Swimming subscription and classes.
Cafe for customers.
Assets Overview
Assets include gym equipment and machines, pool set-up, squash court set-up.
Depreciated value of the asset is OMR 300K but we have decided to sell it at OMR 225K.
Facilities Overview
Approx 3,000 sqm leased property. The monthly rent is OMR 2,000. Facility is based in Seeb, Muscat.
Capitalization Overview
Self funded business with no liabilities and owned by a single owner.
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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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