ID: 31347

07.11.23

Business for sale: sell a business and buy a business in Ukraine

Sport Gym in the City Center of Kyiv For Sale

The gym is in its 5th year of operations and delivers a steady profit (100K $/ per year)

Location:

Kyiv

  • Sector: Arts, entertainment, sports and recreation
  • Business activity: Sports activities
  • Price: $260 000
  • Share: 100%

About the Gym

Location: Right Bank (Center of Kyiv).

Popular and famous brand (Voted “Best Ukrainian Gym 2021”).   Exclusive Partnerships with Top Ukrainian Brands.

Target audience: young working professionals, both men and women, aged 20-35, with average to above-average incomes, located or working near the gym.

Area: 240 m².

Rental Price: 60,000 UAH (with preferential terms).

Facility Highlights:

  • Separate male, female, and staff changing rooms with showers and toilets;
  • Group and individual training areas with high-quality rubber flooring;
  • Top-notch equipment from leading manufacturers for strength, stretching, and functional training;
  • The location features modern renovations with large windows;
  • Equipped with an admin area, and trainer/cleaning room;
  • High-Quality Professional Audio System;
  • Reliable Emergency Alarm System;
  • Efficient ventilation and additional air conditioners (x4).

Intangible Assets:

  • Valuable registered Trademark (TM);
  • Instagram (5,000 followers) and a dedicated website;
  • Set up online training and subscription services (built on Instasport).

Offer for an Investor

Financial Overview:

  • The gym currently operates at 40% of its maximum capacity, with 120 weekly workouts;
  • One group training session (60 min.) costs 400 UAH;
  • One personal training session (60 min.) costs 900 UAH;
  • The club generates monthly revenues of approximately 800,000 UAH;
  • The business is currently self-supporting, with untapped potential for growth through advertising efforts.

Net Profit Margin (NPM) - 42%.

RoI - 17,5% p.a.

Sale price: USD 260,000.

No additional investments are needed.                

Expansion Potential:

There are three “work in progress” expansion projects in a “3-step expansion strategy plan”.

  1. The second venue planned and already finished up to 90% in one of Kyiv’s most successful business complexes with over 3,000 tenants. The project is on pause due to current circumstances but has extremely favorable terms.
  2. The third venue is the former market leader in the sports business industry of Ukraine and one of the first functional gyms in Ukraine. We have been able to secure a shared and rebranding agreement which needs an additional USD 40k investment for 50% of the project.
  3. Franchise plans are in a very early stage with requests from Warsaw, Polаnd, and others.

 

This is your chance to own a thriving fitness business with incredible growth potential. Take advantage of this opportunity.

Contact us at 380504261981 for more details and to discuss how you can become a part of the fitness industry's success story.

Contacts

Viktor

- +380504261981

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