Gym Seeking Loan in Pune, India
Seeks funding: Successful fitness-club with 200+ members, and expansion plans for a second branch.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 23.6 thousand |
| Run Rate Sales | USD 28.3 thousand |
| EBITDA Margin | 30 % |
| Industries | Gyms |
| Locations | Pune |
| Local Time | 12:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
141 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 12,000,000)
Reason: We are seeking this loan to open another branch of our fitness club in Pune.
We will be using this ...
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Collateral Available: USD 0
Includes physical assets worth
USD
29.5 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Udyam Registration Certificate
(343.1 KB)
Business Overview
- Business is located in Pune, a rapidly growing city with a strong focus on health and fitness.
- Membership: with over 200 registered members, the business offers annual and half-yearly membership options priced at INR 13,000 and INR 9,000 respectively, demonstrating a steady customer base.
- Longevity: with 14 years of successful operations, the business has established itself as a reputable fitness club in the region.
- Expansion plans: the business is poised for expansion with plans to open a second branch. The necessary groundwork, including finalizing the location, interior design, and procurement of gym equipment, has been completed, with operations expected.
- Business is registered with an MSME certificate.
- Membership: with over 200 registered members, the business offers annual and half-yearly membership options priced at INR 13,000 and INR 9,000 respectively, demonstrating a steady customer base.
- Longevity: with 14 years of successful operations, the business has established itself as a reputable fitness club in the region.
- Expansion plans: the business is poised for expansion with plans to open a second branch. The necessary groundwork, including finalizing the location, interior design, and procurement of gym equipment, has been completed, with operations expected.
- Business is registered with an MSME certificate.
Products & Services Overview
The business's top-selling services are:- Personal training service, steam and sauna.
- Group sessions for women like glute sessions and yoga.
- Dance studio.
- Weight and strength training.
Assets Overview
Tangible assets: gym equipment and machines.
Facilities Overview
We are currently operating from a rented facility of an area of 3,000 sq ft situated on the 1st floor and incur a monthly rent of INR 90K. We are located on BT Kawade Road in Pune.We have located a facility in an upscale area of NIBM Road in Pune to start the 2nd branch.
Capitalization Overview
The business has no loans and is a sole proprietorship.
Recent Activity
-
1 week, 1 day agoSenior Test Engineer, IT Services, Pune, Individual Investor / Buyer connected with the Business
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