US-based Worlds Largest Fitness Club Franchise up for Sale in Pune & Udaipur

Listing ID: BB007686
Posted By: Third party
Last Active: 6+ months ago
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Product / Service

Gym / Fitness Center

Clientele type

All elite clients

Premises

1) Udaipur - 5000 Sq.ft rented premises with Monthly Rent of INR 2.5 Lakh and 3 months of advance Deposit paid.
2) Pune - 7500 Sq.ft rented premises with Monthly Rent of INR 3.5 Lakh and 3 months of the advance deposit paid.

Asking Price Includes

Complete set up

Reason

Reason for Udaipur Franchise - looking for exit due to partnership issue, unable to manage.
Reason for Pune Franchise - The Owner is in Army so he shifted to other city hence looking for an exit.

Other Details

The US-based Worlds Largest Fitness Center Franchise has total of 90 Centers in India and more than 1000 Centers across the Globe.
This Franchise in Udaipur and Pune has started in December 2018.
The Franchise fees of INR 16 Lakh + Tax has been paid for both the franchises.
Royalty Fees is INR 1 Lakh per month.
Franchise in Udaipur is generating Monthly Revenue of INR 16 to 17 Lakhs. and Net profit of INR 7 to 8 Lakhs per month.
And Franchise in Pune is generating Monthly Revenue of INR 18 Lakhs approx. with Profit of INR 6 to 7 Lakhs.
Asking Price for Udaipur Franchise - INR 2.6 Cr
And for Pune Franchise - INR 4 Cr

Keywords

₹10 to ₹200 Cr

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