Gym Seeking Loan in Rehla, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 40 thousand |
Run Rate Sales | USD 56 thousand |
EBITDA Margin | 40 % |
Industries | Gyms |
Locations | Rehla |
Local Time | 8:53 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Chain of gyms with 4 branches in Bihar and Jharkhand.
- The gym has a unique low Capex and low Opex model that allows it to operate profitably while never giving up on its clients.
- We have 1 big branch that brings in about INR 1.5 lakh of monthly revenue and 3 small branches with a monthly revenue of INR 80 thousand.
- All small branches have about 60-70 clients each and the monthly fees range from INR 300-500.
- The big branch has 300 clients and they pay INT 700 per month.
- All the branches are operated by us and we own the brand name as well.
- Monthly expenditure on the salaries across all branches is INR 70 thousand. Low salary cost due as we are located in cities with extremely low labour costs and cost of living.
- No licenses are required apart from basic business registration and GST.
We provide yoga classes, Zumba, HIIT training, and personal training. Our normal monthly gym membership is the top-selling service.
We also get some revenue from the sale of supplements.
Tangible assets include the gym equipment and fixtures across the 4 branches.
We have 4 branches so far, 1 is a big branch while there are 3 small branches. All are rented. 1 branch is in Jahanabad, Bihar; 1 branch in Pandu Palamu, Jharkhand; 2 branches in Rehla Palamu, Jharkhand.
The total rent expenditure across the four branches is INR 48 thousand.
- No bank loans.
- Sole proprietorship.