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    Gyms Seeking Loan in Noida

    Showing 1 - 1 of 1 Gyms Seeking Loan in Noida. Lend to a Gym or a Fitness Center.

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    Gym Seeking Loan in Noida, India

    Setting up a new gym in a commercial area, seeks funding for working capital.
    The firm is setting up a new gym in Noida and is looking to raise funds to meet working capital requirement after the gym starts its operations. Founder is investing about INR 30-35 lakh from own capacity for buying equipment and setting up the interiors. The gym will be in a commercial area and we have already identified a 3,500 sq ft premises. However, we are yet to enter into formal agreement with the property owner. Once the gym starts, we plan to have 10+ staff. Founder of the firm has 15 years of experience in the fitness industry. Business does not own any physical assets at the moment.
    7.1   Noida
    Run Rate Sales
    Nil
    EBITDA Margin
    Nil
    Business Loan
    USD 18 K at 12%
    Contact Business

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