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Listing Id: 413 Total Views: 46431

(Sold) Profitable Gym And Fitness Centre For Sale

Marine Parade

Date Closed: 15/08/2015

Asking Price: S$50K - 100K

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$3,000
  • Rental Desposit S$9,000***
  • Revenue S$20K - 50K
  • Liability S$0
  • Gross Profit S$20K - 50K
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE S$90,000***
  • Payable S$0
  • Receivable S$0
  • Owner Role Full Time
  • Staff 2
  • Established 2011
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner migrating overseas

Description

* Prime location in East Coast (Siglap, Joo Chiat, Marine Parade residential area)
* Fully equipped gym with weight training equipment and cardio machines
* Regular client base with active members (including private and corporate)
* Personal training session
* Provides club membership, personal training, sports massage and self-defense training.

Business Operation

Mon to Sun 6:00am to 10:00pm
Business Hour
Gym is fully equipped. Selling lock stock and barrel
Facilities
There're no other gym around the neighbourhood except at Parkway Parade
Competition
Business can be expanded with additional marketing activities
Expansion Potential
Will provide transition support during takeover
Support and Training
Health club or gym operator, investor or owner. Prefer someone keen to start a fitness centre or gym
Background & Skills

Property Information

Rent
Premise Status
3 + 2 years
Lease Term
Yes, it can relocate to other place
Relocatable

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