Gymnasium located in SR Nagar, Hyderabad, along with 3,600 sqft commercial space is for sale

₨.60000000

 (Negotiable)

Description

Price Range : Rs.5crore-Rs.10Crore
Business Type : Sole Proprietorship/Sole Trader
Establishment Year : 2014
Employees : 2-5
Sales Turnover : 70 LAKHS
Profit Margin : 40%
Sale Type : Full Sale, Assets
Reason for Sale : We have other business so unable to concentrate on this unit
Location : Hyderabad, Telangana, India

Business Overview

– Franchise of a reputed fitness brand in SR Nagar which was opened recently.

– Currently, we have 100+ active members and gaining popularity rapidly.

– Month on month customer base growth rate is standing at 15-20%

– Monthly revenue is going strong with an average of INR 8 lakhs per month.

– Gross margin is also high and is raising due to an increase in customer base.

– Prime area in SR Nagar with great visibility and accessibility.

– Gym also has facilities such as shower rooms as well as steam baths.

– We pay a royalty to the brand. The agreement has 3-year validity and is renewable.

Products & Services Overview

Gym, fitness training, cross-fit training, strength training, cardio training, MMA, aerobics ETC.

Assets Overview

Tangible Assets.

– Entire floor with 3,600 sqft carpet area in SR Nagar, next to old Police Station on the main road.

– Interiors along with gym equipment, music systems, steam room setup, TVs, reception area furniture, and ACs.

Facilities Overview

– Owned 4th floor facility with 3,600 sqft carpet area.

– Entire floor is up for sale along with the existing gym, interiors, equipment and current business setup.

Capitalization Overview

– Business is 100% debt free and is cash positive.

– No shareholders for the business apart from the proprietor.

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ibizindia
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