Gym Seeking Loan in Mumbai, India
Gym in prime locality in Mumbai with 800+ active members seeks loan to expand.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 35.4 thousand |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Gyms |
| Locations | Mumbai |
| Local Time | 11:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
35.4 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 3,000,000)
Reason: To improve our services and increase clientele.
Collateral Available: USD 94 thousand
Includes physical assets worth
USD
35.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Company PAN
(861.7 KB)
Udyam Certificate
(363.5 KB)
Business Overview
- Operate a comprehensive fitness centre offering gym, yoga, Zumba, and massage therapy services.
- Our clientele consists of a dynamic mix of young enthusiasts, students, and adults, creating a vibrant community.
- We have an active membership base ranging from 500 to 800 members, with monthly revenues reaching up to 3 to 4 lakhs.
- Our team includes 5 dedicated trainers working in shifts to ensure personalized attention and effective training.
- We also employ 1 housekeeping staff member to maintain cleanliness and hygiene.
- Our current business model is evolving, with plans for expansion underway to accommodate future growth.
- Our promoter have 5 years of experience in the industry.
- We hold all necessary licenses, including GST, PAN, and Udyam certifications.
- Our clientele consists of a dynamic mix of young enthusiasts, students, and adults, creating a vibrant community.
- We have an active membership base ranging from 500 to 800 members, with monthly revenues reaching up to 3 to 4 lakhs.
- Our team includes 5 dedicated trainers working in shifts to ensure personalized attention and effective training.
- We also employ 1 housekeeping staff member to maintain cleanliness and hygiene.
- Our current business model is evolving, with plans for expansion underway to accommodate future growth.
- Our promoter have 5 years of experience in the industry.
- We hold all necessary licenses, including GST, PAN, and Udyam certifications.
Products & Services Overview
Gym, yoga, Zumba, and massage therapy services.Gym related services are our bestsellers.
Catering to students, and adults.
Assets Overview
Tangible: Equipment and interior.Intangible: Loyalty, deposit, employees, name training.
Facilities Overview
Previously, we operated on two floors, each measuring 700 sq ft. However, due to a legal dispute between the property owner and neighbors, we were required to vacate. We have since relocated to an 800 sq ft space in the same locality and are seeking additional space within the same building for expansion. The new space is on a rental basis, with a monthly rent of INR 1.75 lakhs. The location is in Santa Cruz.
Capitalization Overview
Sole ownership business.Previously was a partnership entity.
No loans or debts.
Self funded business.
Recent Activity
-
1 week, 2 days agoOwner, IT Services, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Investment, Delhi, Corporate Investor / Buyer connected with the Business
Tags:
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·Gym Seeking Loan in Bombay
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·Lend to Gym in Bombay
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·Lend to Gym
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