Sports Coaching Business Seeking Loan in Port of Spain, Trinidad
Established swimming club looking for funds to enhance amenities and support training programs.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 26.5 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Sports Coaching |
| Locations | Port of Spain |
| Local Time | 9:03 AM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
29.5 thousand
for
9.0%
annual interest,
5
years
(Native Currency: TTD 200,000)
Reason: To refurbish the swimming pool area, construct changing rooms, toilets, and showers. Purchase of 2 P...
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Collateral Available: USD 0
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Business Name
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User Verification
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Business Overview
- We run a top-notch learn to swim and recreational swimming club in Port of Spain.
- Our main offerings include learn to swim, pre-competitive, and competitive programs for both kids and adults.
- Currently, we have around 50 dedicated swimmers training with us.
- We charge a standard fee of TTD 450 a month for our swim programs, plus a yearly membership fee of TTD 200.
- We are affiliated with ASATT, the national swimming body, giving us credibility and support in the swimming community.
- Over the past 5 years, we have proudly had 2 swimmers make it onto the national swim team.
- We consistently rank seventh in national swim meets, showcasing our commitment to excellence.
- Our business thrives by helping swimmers of all ages improve their skills and compete in national and international meets, ensuring a steady revenue stream from our programs.
- Operates with a valid registration certificate.
- Our main offerings include learn to swim, pre-competitive, and competitive programs for both kids and adults.
- Currently, we have around 50 dedicated swimmers training with us.
- We charge a standard fee of TTD 450 a month for our swim programs, plus a yearly membership fee of TTD 200.
- We are affiliated with ASATT, the national swimming body, giving us credibility and support in the swimming community.
- Over the past 5 years, we have proudly had 2 swimmers make it onto the national swim team.
- We consistently rank seventh in national swim meets, showcasing our commitment to excellence.
- Our business thrives by helping swimmers of all ages improve their skills and compete in national and international meets, ensuring a steady revenue stream from our programs.
- Operates with a valid registration certificate.
Products & Services Overview
Our main offerings include learn to swim, pre-competitive, and competitive programs for both kids and adults.
Assets Overview
No tangible and intangible assets at this time.
Facilities Overview
The learn-to-swim facility operates on a 10-year leased property featuring a 2,520 sq ft swimming pool located in a backyard setting. The swim school will undertake necessary repairs and renovations to accommodate clients and staff. The cost of these improvements will be adjusted against the monthly rental payable to the landlord, either through deductions or agreed rental offsets.
Capitalization Overview
- 3 shareholders.- No loans on the business.
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