Fitness...MONEY TO BE MADE - Page 2

chip · 10-16-2009, 08:50 PM

Located just north of Tampa. Completed my staff with an outstanding group fitness instructor with a massive local following. Also negotiating a referral based partnership with an anti aging M.D. Capital would be used to secure new equipment,open an extremely profitable pro shop and juice bar, and for serious marketing campaign. I'm in a unique situation, as I stated earlier. The majority shareholder has another profession and although he is an exceedingly honest and trustworthy man, he has one foot on the gas and one on the brake. Blitz marketing and unbeatable price would take this way over the top, it is just currently undercapitalized. Success is a no doubter, only question is...how successful...how fast. We have already started the buzz, and former members are coming back....With NO ADVERTISING! The facility closed abruptly last December, and we are getting verbal commitments from former members that were forced to sign at a club some 10 miles away. Capital needed would depend on whether equipment is purchased or leased. Buyout of shareholder would be @ 100k. I recently obtained a lease quote for 150,000 worth of equipment at approximately $6000 with a $101 buyout at end of lease. This is the key along with working capital. I conservatively estimate that with the new product, we would reach the 1000 mark by Jan 15th. The sky is the limit from there. I would fully expect 15-1700 by early spring 2010.

chip · 10-18-2009, 08:35 AM

Major senior hmo now on board. Anti-aging md referring patients. Just the beginning. Someone join me

chip · 10-20-2009, 05:25 AM

Anti-aging has gone from a pariah to a legitimate and beneficial treatment. Restoration of normal levels of hormone has been proven to stop and or reverse maladies associated with getting old. We have an MD that we will be pairing with to offer these services. Soon you will see this being the norm in the fitness/wellness business. Someone join me in setting the pace!

chip · 10-20-2009, 08:11 AM

Check out powerhousegym.com and their new downtown Tampa location. I have the same concept plan in place, for a LOT LESS OVERHEAD. The profit center income alone in my place will be double my overhead. Membership revenue will be pure profit.

Future of Edu · 10-23-2009, 01:04 AM

Quote:

Originally Posted by chip

Nobody sees the potential?????

Hey Chip,

I guess what I'm wondering is, what do you want? You said the doors are open, you have things moving along and people coming in. You have a name and brand already created and in place. If everything is in place and you're up and running, what is the cash infusion for? In what areas are you looking to expand??

Enjoy Life,
Nick

chip · 10-23-2009, 07:07 AM

The cash infusion is to replace our outdated equipment, give the facility an asthetic upgrade, and aggressively market. The primary investor is cautious to a fault, and is not "spending it to make it". I have been involved in this business for years, and I KNOW what will bring the greatest returns. Now is the time to create our brand, not falling into typical patterns of club ownership. The website I mentioned above represents a facility that takes it to the next level. I can do this with an extremely reduced bottom line. The roi will be tremendous over the coming years.

brokemet · 11-03-2009, 07:02 AM

Fitness topics take one of the hottest needs online. What you should also focus is timely health issues focused on a specific target audience for example for men only or for women where you can also let your readers answer polls about health issues to easily evaluate their answers.

financialfreedom · 11-08-2009, 05:08 PM

Hi Chip...saw your post and was wondering how things are going,and was curious how much of an investment you were looking for.Would this investment mean a working partner or silent partner? I love the fitness industry and I know eventually I'll leave my 9-5 job and be involved in some form or fashion wether it be my own or part of someone else's dream.Wish you the best of luck!