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Listing Id: 32840 Last Refreshed: 11/09/2024 Total Views: 447

High Growth International Fitness Technology Business For Sale

GeylangTake AwaysGyms and Fitness Centers
Asking Price: S$6,500,000(Neg.)
Business For Takeover
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Email Owner

Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 6
  • Established 2016
  • Source Direct Seller

Reason For Sale

Owner intends to pursue other interest

Description

Year of Inception: 2016
Annual Revenue: $3.4 million
Seller Discrepancy Earning: $400k
Asking Price: SGD $6.5 million
Reason for selling: Owner intends to pursue other interest
Open to full/ majority stake sale

Fey Day presents a fitness brand that is revolutionising the industry. Over the last 6 years, they have established more than 15 outlets in Singapore, Asia and USA. The business is profitable, despite their rapid business growth. Their revenue model comes from owned outlets and franchise system.

Given the affordable price point and unique proposition, they have been able to attract more than 100,000 registered users. Every month, more than 10,000 unique individuals visit their outlets. Their franchising cost is affordable (compared to other franchisee) and makes it easy for one to achieve a positive ROI.

What to love about this business?

1.⁠ ⁠Average Revenue growth of 93% YoY over the past 4 years
2.⁠ ⁠Technology enabled global scalability
3.⁠ ⁠Capable management team
4.⁠ ⁠Incredible brand equity
5.⁠ ⁠Potential to penetrate new verticals and revenue stream
6.⁠ ⁠Resilient cashflow model

Owner is willing to stay and support the handover transition.

Business Operation

Rented office space
Facilities
International growth opportunity. The business has already expanded to other parts of Asia and US. Result has been very promising.
Expansion Potential
Owner is willing to stay on to support the transition. There is a capable team in place.
Support and Training
Fitness, Franchise Business Model, International Expansion, New Market Development, Technology
Background & Skills
Yes, seller financing is available.
Seller Financing

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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