A world class fitness and group exercise studio for sale in Bangalore
Listing ID: SL001783
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Started in the year November 2015. This fitness centre is centrally located with the total 4500 sqft area comprising of a gym, group exercise studio, sauna and washrooms. No rent amount is to be paid as there is a profit sharing (32% to the club) arrangement with the club where this gym is located. It is a centrally air-conditioned facility, we have also acquired an international license for this facility. Total 240 members have joined us in 5 months without any promotion or marketing. There is ample expansion scope from members (of the prestigious club) and non-members. Monthly expenditure shall be between Rs 1 to 1.2 Lakhs. This includes salary, electrical charges, and maintenance. Turnover for 5 months is up to INR 20 lacs. Asking Price: INR 1.5 Cr. Centre includes equipment costing INR 1.1 Cr. + manpower ( 8 people) + international license.

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Reason

Owner travelling abroad

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