1. Businesses
  2. Personal Services
  3. Tamil Nadu
  4. Chennai
  5. SL007983
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Newly Established Functional Fitness Studio for sale

Listing ID: SL007983
Posted By: Owner
Last Active: 1+ year ago
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About Business

Fitness studio

Clientele type

IT professional, doctors, home makers, students, Aviation people etc.

Premises

Leased space of 1,613 Sq Ft, located on the second floor at a prime location in Chennai, near Airport. It is fully equipped with elevator and generator for power back-up.

Asking Price Includes

Everything is included.

Reason

Total Sale of business

More Details

The business provides functional workouts, Zumba classes, strength training, and group workouts.
They have a team of 6 staffs.
They have a total of 5 trainers & 1 admin.
Program based functional training & group workout is our strength. Mirrorless concept with free weights like dumbbells and medicine balls. No equipment used on the floor.
They are planning to expand by introducing Virtual Reality into fitness, Indoor Group Cycling, Indoor group rowing, and basic other equipment.
We are the franchise of Fitness studio in Hyderabad and the franchise agreement is for 7 years and is renewable on payment of a fee.
The studio is in a prime area and is surrounded by apartments and villas.
currently have 170 members and have a database of more than 550 walk-ins and inquiries which are potential members.
The studio is well maintained and we run around 9 batches of group workouts in the morning and 4 in the evening.
can accommodate around 15 members per batch.
Have 1 month, 3 months, 6 months & 12 months subscription plans.
The selling price includes business, gym equipment, ACs, rubber flooring, a computer system with gym software, and the music system.

Keywords

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Business Tags

Good Location good potential with affordable investment Good reputation

₹10 to ₹200 Cr

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To connect with the owner of this Newly Established Functional Fitness Studio Seeking Loan in Chennai, India:
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Before buying a Newly Established Functional Fitness Studio Seeking Loan in Chennai, India, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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