Business Type:
Sports and Recreation/Fitness
Member Since: Aug 26, 2008
California,
Member Of:
IHRSA/ Chamber of Commerce/Multiple Task Forces
Business Owner:
Yes
A few words about me and my business:
Start-up fitness company focusing on establishing the primary facility and engaging in presales as soon as feasible. We are utilizing professionally monitored, online, interactive nutrition programming combined with dynamic personal training and nutritional support groups in a large fitness center setting to maximize results. All ground work is laid, just need financing, as credit markets are excessively tight for start-ups and investor pulled out due to relocation/family illness. Have secured building in best demographic in city, business, marketing and promotion plan, national celebrity has recorded commercial, high-level community buzz with residents and city officials regarding project, etc. Could be operational with presales in under a month. Charging lowest rates in town for the best of everything! $500K investment needed for operations, equipment downpayment and some tenant improvements. Major improvements being handled by landlord. Profitable in 8 months of beginning presales and profit sharing returns to investor(s) begin at $25K per quarter in 3Q09 and increase exponentially as members are added to $125K per quarter after 4Q10. This profit sharing represents only 50% of total profit as other half is left in corporation for expansion (1 new facility per year planned expansion) and national franchising of smaller concept within 3 years. Equity could grow 20+ fold over 7-10 years or owner is willing to buy out investor anytime after 3 years at current business valuation rate. Stand-alone facility of this type is worth $4-6M on open market after third year of operations. The founder (CEO & President) has 6 years specific experience in industry building and running large fitness centers for a chain and 22 years of business management experience in hospitality and recreation with major focus on sales and operations, P&L turnaround/re-engineering. Would prefer single investor who's passionate about health and fitness and willing to participate in major decisions, even through audio/video board meetings if long distance. Full transparency and 24/7 online access to financials which will be updated daily. Have business attorney, franchising attorney, liability attorney, CPA, architect, engineering and marketing firm retained. Fantastic opportunity to double investment in as little as 2 years. Personal integrity, pride of ownership and community service are hallmarks of founder. Serious inquiries only please. Non-disclosure/non-compete/confidentiality agreement must be signed prior to viewing full business plan.