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pumping iron

the old gym in the apartment house where i'm living in vienna is closing.
basic idea:
is to continue and relaunch the business community managed.
facts:
- gym for men only
- the club is not about health or fitness it's about pumping iron and bodybuilding
- the place was run for 15 years by a bodybuilder and is very well known
- ~150-180 m2
- ~40 members paying 40 euros (~55 USD) per month
- ~2k euro fixed costs per month (without staff)
investment:
- 5-10k euro for the equipment and furniture
- 5-10k euro for the refurbishment
- 5k for marketing and flyers for bringing new members in
- further investments and marketing expanses could be done with registration fees or membership fees payd upfront for 6 month
TOTAL: 15 - 25 k euro (20k-30k USD)
offer to investors:
- by paying 625.- USD (150 Asset Slips) the investor is getting a lifetime membership as long as he is doing 5 hours of work at the reception desk per month
- investors paying less can decide if the profit is payed out or invested in the expansion of the business
video:
this is a video of the owner posing in his gym. this guy would probably somehow stay on board. WATCH THE VIDEO ON YOUTUBE!
what do you think about it? are you in?




pumping iron
hehe;) nice idea!
but is that all you have to tell me?
what about your idea concerning the female department in your own apt and what about the real entrepreneur? who shall do that job? i dont believe in managemant qualities of the actual entrepreneur who obviosly went bankrupt. i think a contract as sports-consultant would be good ;)
well, summa sumario i think we should check the market in this geographical area first and should also reconsider if 25k were enough to pimp the club. probably we could win a tv station over, concerning the topic we talked about yesterday.
pumping iron
well, if the club is developing some additional space is available at the ground floor and my flat in the third floor could easily be changed into a lady's changing room and a mini aerobic gym. of course i have to move out first;-) the gym's space could be doubled in the building.
i think i'm not sporty enough for being an authentic gym manager;-) but my girlfriend is.
lady´s lounge
i definitely like the idea of the "lady´s lounge"! but the thing i like most on the pumping iron concept is the 2.0 factor. the idea of the "user managed" studio. basically it´s nothing else than we do on the web. we - as users - create the content of someone else´s page. and that´s exactly the same. let´s let the "users" create and manage the studio!!
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