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Listing Id: 3296 Last Refreshed: 07/05/2019 27717 Views

Fully Equipped Fitness Studio For Sale

Asking Price <span class='currency'>S$</span>80,000
Bedok Gyms and Fitness Centers
Business For Takeover
1 / 4

Overview

Financial Performance

Annual Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,800

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2016
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$7,800

Business Details

Reason For Sale

Owner gets a day job, no time to manage

Description

Price Negotiable, especially for a buyer

- who is a fitness professional, and/or

- who is a marketing professional

Financing available so one could use the revenue of the business to fund the purchase

so business will be in good hands

Asset:

Top-notch equipment:

- 6 technologically advanced devices that are scientifically proven to speed up results for clients. Suitable for people with all fitness levels

- branded fitness tools such as racks and Olympics bars, smart bars, Viprs, TRX, etc

- Website, Facebook and Instagram are fully functional

- Online booking system is up and running so no manpower is needed here

- Online presence ready (Google SEO)

- Featured in magazines and blogs


Client:

70-80 clients at the moment. ~90% small group class and 10% personal training

~200 ex-clients' / trial clients' details


Location:

On the East side of Singapore where most landed properties are


Staff:

2 full time, 1 part-time for peak periods



Buyer Support & Terms

Seller Financing

Yes, seller financing is available.
happy to do financing and at the same time help with transition. For example, 50% upfront and 50% running for 12 months
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Potential Concerns Areas that may require clarification or further verification.
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Risk Assessment An indicative risk level based on the information disclosed.
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Questions to Ask Suggested questions to discuss with the business owner.
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Due Diligence Items Important documents and information a buyer should independently verify.
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