Listing Details : LB-14916

Investment Required 1 Crs
Turnover 20 Lacs
Legal Entity Proprietorship
Category Fitness & Wellness
Sub Category Spa & Gym
Business Listed By Business Owner

Overview

2 well established Gyms with a good brand with 2 Branches in Jammu, India is looking for a partner for its brand to expand and open more branches . The gyms are equipped with imported machinery and top class management and has 4 general trainers and 2 personal trainers, entertaining over 800+ active members. Every month 70-80 new members are added and the average fees per member varies from 12000 yearly. The gym spans in 6000 sq ft and 7000 sqft rented space of 2 branch, and rent is 3 lacs monthly having cardio section, strength training section, an area for cross fit as well as group studio classes for yoga Zumba and others.

Year of Establishment

2018

No. of Employees

20

Current Status of Business

Running Profitable

Business Relocatable

N.A

Purpose of Joint Venture

Financial ()

Role of New Partner

Silent

Property Type

Leased

Rental per Month

3 Lacs

Proposed Deal Structure

N.A

Competition / Market

yes

Products & Services

All Kind of Gym Equipment

Growth Potential

high

Financial Details

Listing Details : LB-14916

Investment Required 1 Crs
Turnover 20 Lacs
Legal Entity Proprietorship
Category Fitness & Wellness
Sub Category Spa & Gym
Business Listed By Business Owner

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