Gym & Apartment Complex for Sale – Karon Beach, Phuket | Turnkey Business

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Summary

A fitted 2-storey gym with German equipment, a 3-unit, furnished residential 150m from Karon Beach. With 3 Honda 150cc motorbikes, a Thai company, two work permits, long-term lease—fixed 285000aud.

Revenue

$160,000 pa

Rent

$35,000 pa

Expenses

$12,000 pa

Net Profit

$115,000 pa

Location Details

Karon Beach, Phuket, Thailand – in a high-traffic tourist zone with exceptional visibility.

Potential

Significant growth potential through targeted marketing, expanding personal training services, or converting part of the apartment complex into a wellness studio, café, or massage clinic. Proximity to resorts, steady expat presence, and a growing fitness culture in Phuket provide excellent opportunities for membership expansion and collaboration with nearby hospitality businesses. Digital marketing and offering class packages could further increase monthly revenue.

Skills

Basic business management skills and customer service experience are beneficial. A background in fitness, hospitality, or property rental management would be ideal but not required. The gym is operational and well-equipped, making it suitable for first-time buyers or experienced entrepreneurs seeking a passive or lifestyle investment.

Hours

Open daily; gym operates flexible hours based on client demand and season.

Lease

9-year transferable lease (3+3+3) with company rights and 2 foreign work permits included.

Employees

Owner-operated with 1–2 staff as needed. Staff assist with gym upkeep and apartment cleaning. Operations are streamlined and easy to manage with minimal personnel.

Reason for Sale

After 16 rewarding years running the business, the current owner is stepping away due to health reasons and a desire to retire from physically demanding responsibilities. The gym and apartments are still running smoothly, with strong income streams and loyal clientele. This is an ideal opportunity for someone ready to take over a turnkey operation in a prime Phuket location.

About the Business

This unique business offers a fully equipped gym and income-generating apartment complex just 150 meters from the beach in Karon, Phuket. In operation for 16 years, it enjoys a solid reputation, consistent revenue, and high online visibility. The gym features two spacious floors with high-end German equipment, cardio machines, free weights, and functional training gear—ideal for tourists, expats, and fitness-minded locals.

The sale includes a well-designed website with strong SEO, positive online reviews, and a client base of returning guests. Also included is a Thai-registered company valued at ฿5 million, which comes with two work permits—ready for immediate business operations.

The property offers two studio apartments with private kitchens and ensuite bathrooms, plus two large penthouses with rooftop terraces. The owner’s quarters include a spacious office, ensuite bathroom, and a large kitchen—perfect for someone looking to live on-site and save on housing.

Three Honda 150cc motorbikes and all gym equipment are included, along with company digital assets, a booking system, and strong brand recognition.

This is a rare opportunity in one of Phuket’s highest foot-traffic areas. Low monthly rent (~฿60,000), transferable 9-year lease (3+3+3), and no debts or legal complications make this a straightforward handover. Bonus: an open-air terrace can be developed into a smoothie bar, café, or retail space.

The current owner is available for handover support and will assist with legal transitions and staff onboarding. With the flexibility to expand or operate as-is, this business is ideal for entrepreneurs, fitness professionals, or lifestyle investors seeking reliable income and tropical living.

History

The business has operated successfully for 16 years, becoming a well-known fitness and lodging destination in Karon Beach. Originally founded by the current owner, it was built with top-tier German gym equipment and developed into a dual-income property with high guest retention and repeat clientele. Its strong foundation, online presence, and loyal customer base make it a proven, low-risk venture ready for the next chapter.

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