Gym Investment Opportunity in Gurgaon, India
Established | 1-5 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 430 thousand |
EBITDA Margin | Nil |
Industries | Gyms + 1 more |
Locations | Gurgaon |
Local Time | 3:44 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
Business Highlights.
Approach involves enabling the neighborhood budget or mid-tier gyms with the country's most advanced gym tech and eventually helping them achieve revenue growth month on month.
- Offering India's first recurring subscription-based gym memberships at ₹599/$7 monthly.
- Membership includes access to premium facilities, personalized nutrition plans, online fitness sessions, and AI assistance.
- Achieved $72K monthly revenue and secured $300K in funding, aiming for $1 million to expand to 100 gyms. We are on track to reach USD 150 to 200k MRR in the next 90 days.
- Received a term sheet for $250K and commitments from 4 unicorn founders for funding.
- Pipeline of 46 new WTF Properties both Managed and Powered set to open in the next 4 months.
- Supported by notable angels.
- We have impacted 17,000 users, with 6,000 active members, pioneering India's smartest gym tech ecosystem.
The company offers an advanced gym tech full-stack system with the following products and services:
Gym ERP system: This includes user management, workout scheduling, financial reporting, prediction modeling, and more, designed to streamline gym operations.
TV app: A platform for broadcasting offers, events, and more to engage gym members and promote services.
Member's app: A mobile application for booking gym sessions, purchasing diet plans, tracking progress, accessing workout plans, and hiring personal trainers.
Trainer's app: An application tailored for trainers to manage members, create and assign workout plans, track member's progress, access workout plans, manage revenue, and more.
These products are part of the company's comprehensive suite aimed at simplifying the technical and operational complexities of running a gym while enhancing the fitness experience for gym owners and users alike.
Assets of the company are like office equipment and laptops.
It will be answered after the introduction.
The business is currently funded through equity investment from various stakeholders. There are a total of 18 shareholders, including the 3 founders who hold substantial shares at 50.61%, 14.78%, and 9.97% respectively. The remaining equity is distributed among 15 other investors, including notable names and well-known angels. The Employee Stock Option Pool (ESOP) is allocated 9.47% of the shares.
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Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business