- February 25, 2024
- 33 Views
Business Overview
– Franchise of a reputed fitness brand in SR Nagar which was opened recently.
– Currently, we have 100+ active members and gaining popularity rapidly.
– Month on month customer base growth rate is standing at 15-20%
– Monthly revenue is going strong with an average of INR 8 lakhs per month.
– Gross margin is also high and is raising due to an increase in customer base.
– Prime area in SR Nagar with great visibility and accessibility.
– Gym also has facilities such as shower rooms as well as steam baths.
– We pay a royalty to the brand. The agreement has 3-year validity and is renewable.
Products & Services Overview
Gym, fitness training, cross-fit training, strength training, cardio training, MMA, aerobics ETC.
Assets Overview
Tangible Assets.
– Entire floor with 3,600 sqft carpet area in SR Nagar, next to old Police Station on the main road.
– Interiors along with gym equipment, music systems, steam room setup, TVs, reception area furniture, and ACs.
Facilities Overview
– Owned 4th floor facility with 3,600 sqft carpet area.
– Entire floor is up for sale along with the existing gym, interiors, equipment and current business setup.
Capitalization Overview
– Business is 100% debt free and is cash positive.
– No shareholders for the business apart from the proprietor.