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Gym for Sale in Nicosia, Cyprus

Gym and EMS fitness training centre with software, mobile app and social media presence.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 25 %
Industries Gyms
Locations  Nicosia
Local Time 2:10 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: EUR 170,000)
Reason: Want to sell this and open a bigger business. Valuation is based on existing customers and brand va... View More
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
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Business Overview

Fitness center specializing in EMS training services.

We have 4,400 followers on Facebook and 2,500 on Instagram.

Have around 70 active clients depending on the period.

There is an increase in the growth rate of around 10% per year.

Business has its own software and mobile app listed on Google Play Store and iStore.

Products & Services Overview

Gym with a lot of equipment and expertises for muscle gain, weight loss, EMS training, pilates, and martial arts.

Assets Overview

Assets include workout tables, dumbells, weights, bars, boxing bags, and thread mills.

Other assets are brand name, website and mobile apps.

Ems training latest technology systrem with seven jackets with tablets softwares and pcs (over 30 thousands)

Facilities Overview

EUR 800 rent per month for 50m2 and 100m2 area plus the locker rooms for ladies and gentlemen and the baths plus 2 other small areas one for kitchen and one for storage.

Around EUR 150 electricity bill.

Located in Strovolos.

Capitalization Overview

Single owner owns the complete business.

No loans or liabilities.

Started with own funds.

The business have all the legal papers (it take alot of money and time to take them)

Recent Activity
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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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