There is a chance to buy a well-established sports academy in Ras Al Khaimah. This is an investment opportunity for people who want to start a business in education sports training and wellness. The academy has members offers various training programs and has a steady income.
The academy was started in 2022. Has a good reputation in the local community. It has 350 active students and members. The business works on a subscription model, which gives an income every month.
Location Advantage
- The academy uses two warehouse units that’re around 1,600 square feet.
- The rent is 240,000 dirhams per year which is normal for training facilities in the area.
- The space can be used for sports and training programs at the same time.
The academy can host events like tournaments, sports camps and birthday parties. These events give income and help build a community.
Programs and Services
The academy offers programs for kids and adults. These include:
- Basketball
- Volleyball
- Gymnastics
- Kickboxing
- Taekwondo
- Jiu-jitsu
- CrossFit training for kids
- Adult fitness classes and martial arts training
The academy has programs, which means it doesn’t rely on just one source of income. It can attract customers.
Operations and Staffing
The academy has a team of around 13 qualified coaches, one administrative staff member and freelance marketing and accounting support. This team makes sure the academy runs smoothly and maintains standards.
The business is registered for VAT. Has a bank account. The monthly salary expenses are between 40,000 and 50,000 dirhams and utility costs are between 2,000 and 8,000 dirhams.
Financial Performance
- The academy earns between 100,000 and 150,000 dirhams per month.
- The annual revenue is around 1.3 million dirhams.
- The annual profit is around 150,000 dirhams.
The asking price is 2.5 million dirhams. This price includes the value of the brand, customers, equipment and growth opportunities.
Investment Highlights
Some key advantages of this business are:
- The academy is well-established. Has a good reputation.
- It has over 350 members.
- The business has a recurring subscription revenue model.
- It offers sports and fitness programs.
- The coaching team is experienced.
- The academy earns income from events and facility rentals.
- The business model is scalable.
Growth Opportunities
The academy has growth opportunities. Some potential strategies include:
- Increasing membership numbers
- Introducing sports programs
- Expanding marketing efforts
- Forming partnerships with schools
- Organizing sports events
The UAE has a growing interest in fitness and youth sports development. This academy is well-positioned to benefit from this trend.
Reason for Sale
The owner wants to sell the business to focus on real estate investments. However they are also open to partnership opportunities.
This sports academy is an opportunity to buy a structured and scalable business in the UAEs fitness and education sector. It has recurring revenue, a team and strong community engagement.
If you are interested you can contact SellAnyBiz to learn more, about this investment opportunity. You will need to sign a -disclosure agreement to get full financial and operational details.
