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Gym Seeking Loan in Kuwait City, Kuwait

Ladies gym having 1,400 active members currently seeks a loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 700 thousand
Run Rate Sales USD 740 thousand
EBITDA Margin 37 %
Industries Gyms
Locations  Kuwait City
Local Time 12:41 PM Asia / Kuwait
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 650 thousand for 10.0% annual interest, 5 years (Native Currency: KWD 200,000)
Reason: Need funds to buy new gym with big area.
Collateral Available: USD 500 thousand
Includes physical assets worth USD 330 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Plan
Gym License
Company License
Business Overview
- The promoter is a professional gym owner and has organized bodybuilding and martial arts competitions.
- 1,400 active members.
- Total members catered to as of last year is 4,000.
- We serve all ages from 1 to 60+.
- Our focus on customer satisfaction and innovation has allowed us to stay ahead of the competition and maintain a loyal customer base.
Products & Services Overview
Ladies gym (all ages group) & martial events.
Assets Overview
Cardio, weight lifting, and CrossFit machines.
Social Media accounts: Instagram 64k followers - Facebook 22k followers - Tiktok 20k followers.
Google Maps page with 360 reviews and 4.5 rating.
Facilities Overview
Basement floor 1,100 square meters.
Monthly rent 1,300 KWD.
Swimming pool-steam-sauna.
Weight lifting area.
Crossfit area.
Kids care area.
Spining bike area.
Cardio area.
Capitalization Overview
- Owned by a single owner.
- Business has a loan.
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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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