0 Items

Highly Profitable Well Known Fitness Club Franchise Outlet

S$705,000

Enquiry

Call now for discussions

+65 6356 9138

Description

Up for sale is a highly profitable fitness club franchise strategically located at the highly-populated Western Part area of Singapore. This particular brand of Fitness Club has been awarded as the “#1 Top Global Franchise” by Entrepreneur 500 Magazine. In Singapore, the SME Awards 2015 recognized the brand as “The Number 1 Fitness Club” and “The Fastest Growing SME Company 2015”.

Currently, we have 540 members with monthly recurring passive income of $52,000 and 20% net profit. The operation is very simple with only one club manager and 2 personal trainers.

This location is part of the largest industrial area in Singapore and is also known as the “Orchard Road” of the Western Part of Singapore with a population of 61,000 adults between 15 and 64 years old and 9000 businesses. There are at least 83,600 HDB resident population in this enclave. Therefore, this business has great potential for tremendous growth.

As Singapore 2018 Revenue in the Fitness segment hits $ 33million with an annual growth rate of 7.8%, owning a business in the fitness industry is the way to go.

Call Now and don’t miss this great opportunity!

Price

S$705,000

Location

Jurong East Area

Revenue

S$780,000/year

Net Profit

S$13,750/month

Company Type

Private Limited

GST Registered

No

Years In Business

3

Why Did We Set Up

Fitness for life

Owners Role

Managing

Owners Background

Businessperson

Our Achievement

The most affordable gym membership in Singapore with highly recognizable brand

Our Customer

Locals and expats with all age group who want better health

Our Competitor

Many but few at this honest price range

Manager

1

Full-Time

1

Part-Time

2

Premise Size

approx. 2000 sf

Lease Term

3 + 3

Rental

S$12,500

Trading Hours

24 hours

Relocatable

Yes

Reasons For Selling

Cash out

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes