Singapore  Singapore

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Listing Id: 21918 Last Refreshed: 04/04/2021 Total Views: 395

(Expired)Investors Needed For A Bouldering Gym

Central AreaSport Centers
Asking Price: S$250,000
Business For Takeover
Look For Investor
Look For Partner
HM

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Investors Needed

Description

*TURN KEY OPPORTUNITY* Stable and Future Proof Business Opportunity in a Growing Niche!

Hi all,

We are currently local university undergraduates and we are looking for a financial investment of SGD250,000 to startup a bouldering gym. Bouldering has been a sport that we have been passionate about, and it is gaining increasing popularity especially among youth between 18 and 30 years old.

We want to fill the gap in the current bouldering industry that it is not beginner-friendly. So what do we mean? This means there is often a big jump in terms of the intensity/difficulty of every climb. We have also found a suitable space (that will be disclosed on a later part of the discussion, and we hope you understand), and we are targeting tertiary students and fresh graduates too.

With the capital of $250K, this goes into:
- Rental deposit and business runway costs for the first 5 months
- Building of the bouldering wall and necessary fixtures
- Business branding, payment gateways, purchase of shoes and lockers for customers
- Marketing and PR

After the 5th month, we expect positive cashflow within the company. We are expecting a ROI of 40% within 18 months.

For your investment of $250K, you will be given a 40% equity in the company.
- You (Shareholder #1): 40%
- Owner 1 (Shareholder #2): 30%
- Owner 2 (Shareholder #3): 30%

If you are interested, please feel free to contact me and we can schedule an online session with you to explain our ideas, and how we can potentially work together. More financial details can be revealed during/after the online session with you.

WHO ARE WE LOOKING FOR?
1. Someone who believes in bouldering
2. Someone who wishes to invest in youth
3. Someone with ready capital

If you fit the above three criteria, feel free to drop us a message with your mobile number. Thank you!

Property Information

Rent
Premise Status
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