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Gym Seeking Loan in Dhaka, Bangladesh

Dhaka based gym that has 100 members and 6 trainers seeking investment to purchase additional equipment.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin 10 - 20 %
Industries Gyms
Locations  Dhaka
Local Time 8:50 AM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 33.6 thousand for 15.0% annual interest, 5 years (Native Currency: BDT 4,000,000)
Reason: To purchase more equipment, machines and to improve the interior setup / decoration.
Collateral Available: USD 21 thousand
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- This is a fully functional gym in Dhaka city with complete machines and equipment set up.
- There are 6 trainers at the gym.
- The gym has been closed for the past 2 months due to COVID, and it has now re-opened.
- We used to have 200 members before COVID. We now have 100 members.
- Physical assets include machines and equipment.
- Revenue has decreased due to COVID.
- Owner has a management certificate in gym operations.
Products & Services Overview
Gym with complete machines and equipment set up.
Facilities Overview
Property is rented and has an area of 2,200 Sq. Ft.
Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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