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Leading Fitness Equipment Trading Company for Sale

Leading Fitness Equipment Trading Company for Sale

  • BXB Listing ID :

    3250
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Other/Not Disclosed
  • Asking Price:

    3,800,000 AED
  • Projected gross income for next year:

    Conservative figure of AED 6.8 Million AED
  • No of Employees:

    4
  • Year Established:

    2013
  • Annual Revenue:

    5,500,000 AED
  • Annual Net Profit:

    522,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    679,000 AED
  • Inventory Value:

    63,000 AED
  • Real Estate:

    Leased by the Business
  • Annual Leasehold Rent:

    96,000 AED
  • Reason for Sale:

    The owner is relocating to home country
  • Information on staff:

    4 full time employees and 2 freelancers
  • Information on transition to New Owner:

    General manager will remain in the business.

Business Overview

This leading fitness supply and installation company has been operating in Dubai since 2013. The business provides an A-Z service for UAE's most prestigious gyms and VIP homes including the highest level of prominent local families from equipment supply to final installation.
The company has built exclusive partnerships with internationally recognised suppliers of high-performance fitness equipment and flooring. They supply bespoke products that are designed and manufactured to support their customer's brands, they offer brand colours and the possibility to cut customers logos into the equipment. They also supply a wide range of products from boxing bags and gloves to CrossFit and studio equipment like bars, plates, kettlebells, PU dumbbells and jump ropes. The professional team not only help to design the space, they help the client choose the most appropriate equipment and ensure projects are delivered in the shortest turn-around time possible. The company has a very strong portfolio of clients from large hotels and gym chains to VIP homes.
The business runs efficiently through highly skilled employees. The employees in place are the general manager, finance manager, business development and operations who are able to cover all aspects of the business process. This leaves the owner with minimal involvement in day-to-day operations.
This business has proven financial performance with revenue and profit growth year on year. It has a valuation report as well as audit reports giving complete transparency on performance. The business has an exclusive distribution agreement for the GCC with one of the most highly sought-after suppliers which has been renewed until 2021. They have also started manufacturing their own branded products which will double their profit margin and increase the value of the enterprise. Online sales have also been recently introduced as a new marketing channel.
Future expansion to other countries in the region would be the natural growth progression to make this the leading fitness equipment supplier in the GCC.



Please click on thumbnail to view Teaser

*Fitness Equipment *Fitness Accessories *Gym and fitness studio flooring *Installation of all Equipment and Flooring products

*Leading fitness supply and installation company operating in Dubai since 2013 *Exclusive Contracts with the most sought after fitness equipment suppliers *Profitable and growing business *Skilled team of employees with management to remain in the business *Ability to deliver turn-key projects and bespoke fitness products *Fully audited financial reports and financial forecast available *Own branded products with high profit margin *Revenue to start from e-commerce *Huge Expansion Opportunities across other GCC Countries

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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