Need help?

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 41 thousand
EBITDA Margin 0 - 10 %
Industries Gyms
Locations  Surat
Local Time 3:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 22.5 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. Up... View More
Collateral Available: USD 17 thousand
Includes physical assets worth USD 22.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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.
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.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more