Profitable International Fitness Studio for Sale in Hitech City, Hyderabad
Product / Service
Profitable international fitness studio for sale in Madhapur, the IT Hub of Hyderabad. It is a franchise studio of the most trusted brand in functional training in the world. With different high intensity workout programs every day of the week, it keeps the members interested and their body is toned in relatively lesser time than the traditional gyms. The studio was started in November 2016 and has 165 active members at present and 223 memberships in total with an average membership fee of Rs.5500 per member per month. The business is consistently running in monthly profits in the range of 3.75-4.75L. It is mainly attributed to the steady growth in membership numbers (being located in Hitech City), especially long-term memberships and lower cost of operations and lower overheads of the studio (monthly rent of Rs.130000). It is the only studio in India with 0% trainer attrition. The Asking price for full sale is INR 1Cr (negotiable).
Reason
Shifting to another city for his technology startup, which is his primary business.
Business Tags
₹10 to ₹200 Cr
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