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Gym Seeking Loan in Pune, India

Gym business in Pune having 3,000 members run by fitness professionals with 15+ years of industry experience.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 63 thousand
EBITDA Margin 30 - 40 %
Industries Gyms
Locations  Pune
Local Time 2:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 105 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: For working capital and to expand the business through franchise route.
Collateral Available: USD 105 thousand
Includes physical assets worth USD 63 thousand
Interested to connect with advisors
Documents
PAN Card
Business Overview
- A business operating a gym, based in Pune.
- This is a full fledged gym with all standard equipment. We also provide personal training, diet counselling, fitness counselling, food counter, group activities like yoga, zumba and aerobics.
- Have a database of 3,000 members out of which 300 are active members.
- We are now looking to begin franchising our gym business with a unique concept. The franchise gym outlets will be a no pollution gym and eco-friendly.
- The franchise gyms will have low investment cost, and will have equal importance given to yoga.
- The owners also operate a gym management consultancy business separately, having 40 clients. It is not part of this gym business.
- They are also qualified fitness professionals in the field of fitness training and nutrition. They have more than 15 years of work experience in this industry.
- Physical assets include gym equipment and interior setup.
Products & Services Overview
Full fledged gym with all standard equipment. We also provide personal training, diet counselling, fitness counselling, food counter, group activities like yoga, zumba and aerobics.
Facilities Overview
Property is rented and has an area of 4,300 Sq. Ft.
Rental agreement is for 5 years and can be renewed post this period.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Pune, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Proprietor, Pune, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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