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.





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