Gym Seeking Loan in Rehla, India
Gym chain with unique low Capex and Opex model, aiming to expand to 200+ branches.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 41 thousand |
| Run Rate Sales | USD 55 thousand |
| EBITDA Margin | 40 % |
| Industries | Gyms |
| Locations | Rehla |
| Local Time | 11:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
117 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 10,000,000)
Reason: Have to expand in Bihar and Jharkhand. The strategy is to open in small towns (avoid big cities) whe...
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Collateral Available: USD 0
Includes physical assets worth
USD
35 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Chain of gyms with 4 branches in Bihar and Jharkhand.
- The gym has a unique low Capex and low Opex model that allows it to operate profitably while never giving up on its clients.
- We have 1 big branch that brings in about INR 1.5 lakh of monthly revenue and 3 small branches with a monthly revenue of INR 80 thousand.
- All small branches have about 60-70 clients each and the monthly fees range from INR 300-500.
- The big branch has 300 clients and they pay INT 700 per month.
- All the branches are operated by us and we own the brand name as well.
- Monthly expenditure on the salaries across all branches is INR 70 thousand. Low salary cost due as we are located in cities with extremely low labour costs and cost of living.
- No licenses are required apart from basic business registration and GST.
- The gym has a unique low Capex and low Opex model that allows it to operate profitably while never giving up on its clients.
- We have 1 big branch that brings in about INR 1.5 lakh of monthly revenue and 3 small branches with a monthly revenue of INR 80 thousand.
- All small branches have about 60-70 clients each and the monthly fees range from INR 300-500.
- The big branch has 300 clients and they pay INT 700 per month.
- All the branches are operated by us and we own the brand name as well.
- Monthly expenditure on the salaries across all branches is INR 70 thousand. Low salary cost due as we are located in cities with extremely low labour costs and cost of living.
- No licenses are required apart from basic business registration and GST.
Products & Services Overview
We provide yoga classes, Zumba, HIIT training, and personal training. Our normal monthly gym membership is the top-selling service.We also get some revenue from the sale of supplements.
Assets Overview
Tangible assets include the gym equipment and fixtures across the 4 branches.
Facilities Overview
We have 4 branches so far, 1 is a big branch while there are 3 small branches. All are rented. 1 branch is in Jahanabad, Bihar; 1 branch in Pandu Palamu, Jharkhand; 2 branches in Rehla Palamu, Jharkhand.The total rent expenditure across the four branches is INR 48 thousand.
Capitalization Overview
- No bank loans.- Sole proprietorship.
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