Ranong Fitness Center - Buy the Business or Buy the Assets
Listing No. 066-51-01-001
• Business: Fitness Center/Gymnasium
• Location: Muang Ranong, Thailand
• Features: What a fantastic opportunity to walk into a fully equipped and operating fitness center in Ranong, Thailand. 3.5 levels of this double shop-house full of equipment, and two staff willing to remain and work with a new owner. All equipment, which includes a couple of floors of imported CYBEX (USA) equipment is in great condition and has been well cared for. Treadmills, sit-up machines, free weights, cardio rowing machines and a lot more are all included. In fact, as an option to buying and operating this business in its current location, the equipment, which cost the owner in excess of THB 2,100,000 could be purchased and moved to an existing gym or new gym in a new location.
The center is being offered for sale as the owner is need of surgery and can no longer 'pump iron'. The building was recently refurbished (in excess of THB 400,000) and the rent is very reasonable for the size and location (although an increase to THB 19,000 is imminent). Prior to the owner having to pass the business on to his former employees, it had a healthy membership and membership has declined in the last few months. A new motivated owner could turn this around with marketing. Currently, monthly gym memberships are offered for THB 800 a month and THB 600 a month for students.
The owner's inability to continue this business is a buyer's windfall. As is, and trading in the current location, this business has the potential to offer a new owner an income and lifestyle at a cheap buy-in price. Alternatively, make an offer on the equipment as a lot (individual items and equipment will not be sold separately) and haul it away to your existing gym or new gym in another location. At this price, inspection is a must.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 680,000
• More Information: Please contact us for more information (we require your name, phone number and e-mail address)