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Listing ID: 413 Total Viewed: 27439

Profitable Gym And Fitness Centre For Sale (Sold)

Marine Parade, Singapore

Asking Price : SGD50K - 100K

Revenue: SGD20K - 50K

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2011

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: SGD0***

FFE: SGD90,000

Staff: 6

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Owner migrating overseas
Business 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 Operations
Business Hour:
Mon to Sun 6:00am to 10:00pm
Preferred Skills:
Health club or gym operator, investor or owner. Prefer someone keen to start a fitness centre or gym
Supporting and Training:
Will provide transition support during takeover
Staff:
2 Local, 4 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1600sqft
Rental Fee:
SGD3,000
Rental Deposit:
SGD9,000 (included in selling price)
Lease Term:
3 + 2 years
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Gym is fully equipped. Selling lock stock and barrel
Competition:
There're no other gym around the neighbourhood except at Parkway Parade
Expansion Potential:
Business can be expanded with additional marketing activities

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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