Bond Incubate Business Accelerator 143

Bond Incubate Business Accelerator 143

Mar 31 '15
Hi

We have a great idea that has great potential to grow and expand. It is a Gym franchise that has been very successful in America and growing very fast in Australia taking over a lot of smaller 24hr franchises, The franchise is one of the most respected and trusted names in the fitness today. Its popularity has captured the fitness industry around the globe, creating a brand that is synonymous
Hi

We have a great idea that has great potential to grow and expand. It is a Gym franchise that has been very successful in America and growing very fast in Australia taking over a lot of smaller 24hr franchises, The franchise is one of the most respected and trusted names in the fitness today. Its popularity has captured the fitness industry around the globe, creating a brand that is synonymous with quality and dedicated to creating the finest level of service in the fitness community. Our location is right near a beach with very little competition. We have done our research and the competition we do have allows us to come in $300 cheaper per yearly membership. We have put down $250,000 but are in need of $500,000 to pay for equipment and $200,000 to cover the first year’s lease being a total of $700,000. Our projected profits are between $300,000 -$500,000 net for the first financial year. This is all ready to be up and running in as little as 4 months but we are in need of these funds to hit the ground running. We would like to offer 30% ownership/equity giving the investor 30% of our profits every year or 4-10% of the contribution every year until paid out in full.

We are 2 people from Queensland who are very determined and highly motivated, we are driven through our passion to succeed and believe there is no bar to high we will do whatever it takes to see this dream fulfilled. If there is anyone can point us in the right direction with any investor who may be interested or leave us with any feedback would be greatly appreciated.

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