Gym Seeking Loan in Surat, India
Successful fitness center with loyal clients seeking loan for growth and facility improvements.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Gyms |
| Locations | Surat |
| Local Time | 4:29 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
22.3 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: Seeking a loan to expand the gym by relocating to a larger facility and upgrading the equipment.
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Collateral Available: USD 16.8 thousand
Includes physical assets worth
USD
22.3 thousand
Interested to connect with advisors
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Business Overview
- Established unisex gym in Surat with 10 years of experience in the fitness industry, showcasing reliability and expertise.
- Offers a range of products and services including personal training, group exercise classes (Group X), nutrition guidance, and supplement sales.
- Maintains a robust client base with 150 active members, demonstrating strong customer retention and community engagement.
- Employs a team of 4 highly skilled trainers, each with 4-5 years of professional experience, ensuring high-quality fitness instruction.
- Offers a range of products and services including personal training, group exercise classes (Group X), nutrition guidance, and supplement sales.
- Maintains a robust client base with 150 active members, demonstrating strong customer retention and community engagement.
- Employs a team of 4 highly skilled trainers, each with 4-5 years of professional experience, ensuring high-quality fitness instruction.
Products & Services Overview
Our best-selling services include personal training, Group X classes, nutrition guidance, and supplements.
Assets Overview
Tangible assets: Machines, electronic equipment, gymnastics apparatus, and cardio machines.Intangible assets: GUMASTA registration.
Facilities Overview
Operating from a 6,000 sq. ft. facility, fully equipped with commercial-grade equipment. Monthly rent: ₹2 lakh.
Capitalization Overview
The business is entirely self-funded, solely owned, with no outstanding loans.
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