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Newly Established Gym for Sale in Lucknow, India

Gym franchise outlet with 200-250 daily walk-ins located in a prime location for sale.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 170 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 30 %
Industries Gyms
Locations  Lucknow
Local Time 8:50 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 35,000,000)
Reason: The owner is not able to dedicate enough time to management. We believe the value is reasonable base... View More
Includes physical assets worth USD 400 thousand
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Business Overview

- We are a franchise outlet of a gym.

- Have an active member base of 500 people.

- On average, receive 200-250 walk-ins daily.

- The franchise has completed one year and the agreement is still valid for 5 years.

- We pay a monthly royalty of INR 1.48 lakhs to the franchisor.

- If the buyer wishes to buy the franchise as well, they will have to pay an additional INR 12 lakhs to the franchisor.

- Business is located in a prime area with two floors and a good parking area on the main street.

- We have 7 certified and trained trainers available to provide the training.

- Promoters have 4 years of experience in the industry.

- Have a GST and shop establishment certificate.

Products & Services Overview

Gym floor membership & personal trainer services.

Assets Overview

Tangible Assets:

Gym Machines:

Treadmills.

Elliptical machines.

Stationary bikes.

Weightlifting equipment (dumbbells, barbells, benches)

Resistance machines.

Cable machines.

Furniture:

Reception desk.

Chairs and benches.

Tables.

Lockers.

Mirrors.

Display racks.

Raw Materials:

Cleaning supplies.

Sanitizing products.

Towels.

Gym mats.

Floor coverings.

Intangible Assets:

Social Media Accounts (Facebook, Instagram, and YouTube)

Facilities Overview

Have a rented space of 7,100 Sq. Ft. with two floors located in Indiranagar.

Capitalization Overview

- The business is 100% debt-free.

- The business has two directors who hold an equal stake in the company.

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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