WTF gym/PT studio

  • 13
Business Description

Selling away 3 years old Personal Training / Gym studio in Kelana Jaya, Zenith Corporate Park.

Current net worth value at RM50,000, willing to negotiate selling price.

PM to schedule meeting or visit the facility.

Are you passionate in fitness, or weightlifting and hope to have a garage gym to train yourself and others?

Our facilities has been running as a personal training studio and as our own gym facilities for three years.

2018 net revenue is around RM250k up to NOVEMBER.
2017 NET PROFIT submitted for Tax was RM21k
Looking to let go at RM40k for all asset available in the facility.

Reason to let go is due to Partner is going separate ways to pursue education and careers. We are looking for someone passionate in fitness to take over.

 

 


Location
Country : MALAYSIA
State : SELANGOR
City : PETALING-JAYA
Specifications

Type : Business-For-Sale
Category : Fitness Centre
Company Type : Partnership
Year Established : 2016
Asking Price / Total Investment : MYR 40,000
Price Negotiable : Yes
Seller Financing : Yes
FINANCIAL HIGHLIGHTS
   LATESTLAST YEAR
Financial Year Ended 01/01/2018 31/12/2018
Annual Revenue 250,000
Annual Gross Profit 50,000
Annual Staff Cost
Annual Rental 36,000
Number of Employees 2
Annual Profit/(Loss) After Tax 8,000
Annual Cash In/(Out) Flow 8,000
Property, Plant, Equipment (PPE)35,000
Inventories 0
Trade Receivables 4,000
Trade Payables 0

Reason for Selling the Business : partners splitting to pursue personal careers

Why this business is worth investing? : profitable business with low overheads great potential

Contact Details

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