Start Ups

1.0 Executive Summary

The purpose of this business plan is to raise $250,000 for the development of a fitness center while showcasing the expected financials and operations over the next three years. The Fitness Center, Inc. (“the Company”) is a New York based corporation that will provide fitness equipment usage and training services to customers in its targeted market. The Company was founded in 2009 by John Doe.

1.1 Products and Services

Management is seeking to develop a gym facility that will feature a number of standard fitness machines as well as services that compliment the needs of our customers. The business will primarily specialize in providing fitness services for people ranging from 14 to 80 years of age. The Company’s fitness and health services seek to develop the health of clients. Each of our fitness programs will be tailored to the needs of the individual based on their ability to handle certain fitness regimens, and their personal goals for physical development. The third section of the business plan will further describe the services offered by the Fitness Center.

1.2 The Financing

Mr. Doe is seeking to raise $250,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.

1.3 Mission Statement

Management’s mission is to provide clients with a state of the art fitness center facility that they can use for maintaining their health and improving their look.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the fitness and training industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6...