转让原因
We cannot fund the renewal costs of the franchise license, and required design changes, due to cash flow. As foreigners, we cannot source financing to support cash flow.
生意详情
I own and operate a successful Anytime Fitness franchise in Ampang Point, but due to Covid MCOs over the last year or so affecting my finances across 5 gym locations, we have not been able to fund the renewal of our franchise license at this particular location or carry out the required brand design scheme changes, all of which costs around RM500k.
However, the gym can continue operating as an independent brand, and the landlords will drop the rent by around 50% for the upcoming 12-24 months to support a new tenant.
As an owner of several other Anytime Fitness franchise locations in KL/Selangor, I am not allowed to operate an independent brand, and so I am aiming to sell the business as a going concern, and assist in the transition to an independent brand, whilst maintaining the existing renovations, equipment and thriving membership base.
The equipment is all top spec and in excellent condition, and the club has been well maintained and looked after. Local competition of the same level is minimal, and the membership subscriber base is strong.
I have a ready to go model to follow in terms of 'rebranding' the gym and reopening with the most suitable suppliers, systems and processes.
The business will return an average of RM30k EBIT per month, and can do so for another 6 years quite comfortably. I am looking for a total investment of RM550k, including purchase price, landlord deposits, and rebranding costs