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Sports Coaching Business Seeking Loan in Singapore

Boxing and kickboxing combined metabolic conditioning & functional fitness for group & personal training.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 18 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 13 %
Industries Gyms + 1 more
Locations Singapore
Local Time 8:10 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 260 thousand for 6.0% annual interest, 10 years (Native Currency: SGD 350,000)
Reason: - Upgrade from renting a small shared space in a gym to opening our own studio in a simple shophouse... View More
Collateral Available: USD 0
Interested to connect with advisors
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Business Name
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Documents
ARCA Certificate
Account Statement
Business Overview

- Business was started by a founder with a passion for fitness at a very young age, with a degree in exercise and sports science from Edith Cowan University (ECU) and a certified World Association of Kickboxing Organisation (WAKO) level 1 coach.

- Started career by doing personal fitness training in 2012, started doing boxing and kickboxing classes in void decks with friends and peers. He slowly gained more members and registered the company.

- We offer boxing and kickboxing group classes that instil confidence, a positive attitude, and self-defence. It also represents camaraderie and fun-filled enjoyment in our community.

- We also infuse and focus on metabolic conditioning and high-intensity interval training (HIIT) that will get you stronger, leaner, and fitter, together.

- We also provide personal training for individuals who want to achieve a particular body goal.

- Have 12 active personal fitness training clients and 40 active group class members.

- Business has a single owner and is debt free.

Products & Services Overview

Boxing: Learn the fundamentals of boxing technique, including footwork, punching, and defense.

Muay Thai: Develop skills in the art of Muay Thai, including kicks, punches, elbows, and clinching.

Strength & Conditioning: Enhance your overall fitness level through strength training exercises, cardio workouts, and mobility drills.

Personal Training: Work one-on-one with a trainer to tailor a program specific to your goals and needs.

Small Group Training: Participate in small group classes that offer individual attention and camaraderie among fellow students.

Assets Overview

Tangible assets: Cash, merchandise, and equipment such as gloves, weights, benches, weighted balls, and other specialized machines.

Intangible assets: Brand recognition, logo, internet domain name, software, customer data.

Facilities Overview

A small section of an area in a fitness centre located at The Cathay with a rental of $60/class at 20 classes a month and a monthly rental of $1,540/month.

Capitalization Overview

Business is funded presently from own savings and clients/members packages. No outstanding debts/loans. The owner owns 100%of the business. No other shareholders or owners.

Recent Activity
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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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