SEARCH UAE'S NO. 1 BUSINESS FOR SALE MARKETPLACE




Sports Franchise for Sale in UAE
Ref. No.-AE01769606
Asking Price: 1,600,000 AED
We are an international franchise aquatics club based in three countries (United Arab Emirates, South Africa and India).
The United Arab Emirates is up for sale with two business licenses (Mainland and Freezone), and two branches currently in prime locations in Dubai.
Lease agreements left with both branches have up to two years left with the first option of renewal.
We provide quality swimming, water polo and synchronised swimming lessons at affordable prices to the Dubai community.
Another successful division of the company is the training provision, where we tutor and qualify candidates in aquatic training courses - in order for them to pursue a career in aquatics.
We have over 550+ clients thus far.
Potential buyer will still have the business under the Pool Academy Aquatics Franchise banner, due to intellectual property of the name but has the option of buying the business and changing the name.
If the buyer wishes to remain in the franchise system as per the agreement, the buyer will pay 10% royalties per month, as the franchising agreement is still valid for 10 years.
- Asking Price: 1,600,000 AED
- Annual Turnover : 2,100,000 AED
- Annual Net Profit : 194,474 AED
- Audit Report : Available on Request
- Total No. Of Staff: 6
- Monthly Average Salary of Total Staff : 29,500 AED
Owners are selling and relocating to the UK, where they will set up UK divisions of the franchise as well.
- Shop Size : 3229 Square Feet
- Shop Rent : 165,000 AED
- Landlord Deposit : 7,500 AED
- Country : United Arab Emirates
- City : DUBAI
- Area : DUBAI INVESTMENT PARK
- Payment Mode : Quarterly
- No. of Payments : 4