12. Does a fitness solution currently exist that
effectively addresses these needs?
ABSOLUTELY!
13.
14. FemiFit
Clean, Healthy and Friendly environment
Child Care Section
Health and Fitness program with Long Term in
focus
All-time Nutritionist Support
Affordable Price Rate
42. Strength
.
• Flexible hours
• Child Care facility at
specific hours
• Variety of equipment
• Indoor Swimming Pool
• Professionally experienced
trainers and staffs.
45. Threats
• Affordable low cost fitness equipment for
at-home exercising.
• Many do not recognize the benefits of
fitness.
• Competitors who are developed, qualified
and more experienced.
46. Initial Investment
Sources of capital
Investment Required 32,00,000
Total Investment 32,00,000
Startup Expenses
Equipment 400,000
Promotional Activities 370,000
Rent Cost 300,000
Interior Design 700,000
Utilities 160,000
Salaries & Wages 636,000
Total Startup Expenses 25,66,000
47.
48. Revenue Forecast for the 1st 5 year
Year 1 Year 2 Year 3 Year 4 Year 5
Membershi
ps
42,75,0
00
52,38,000 80,94,000 13413000 14865000
Extra
classes
50,000 75,000 90,000 95,000 100,000
Total(before
tax)
43,25,0
00
53,13,000 8103000 1,35,08,0
00
1,49,65,0
00
Tax (35%) 151375
0
1859550 2836050 4727800 5237750
Net Income 28,11,2
50
34,53,450 52,66,950 87,80,200 97,27,250
A survey on woman fitness says that, 38.95% of woman in our country are careful about health but don’t want to join a gym or fitness center.
Laziness
W
There is rumor a in our country that, when women who regularly goes gym, after quitting gym they get even more fat or suffers from more health problem
FemiFit is a fitness center where you will experience
Our goals are
We target 3000-5000 women which is 1.6% of total female population in Khulna City. Our target age group is 18-45.we estimate our target customer to be
FemiFit will enter in a fairly competitive market in Khulna.
Three direct competitors .
Some other alternative for fitness organizations
Now we will see s and w of our existing competotors
Limited capital, lack of cleanliness and dec, equipment shortage, they have no baby care faciilities
The strategies we use in our FemiFit are
5% discount for 12-month contact.
5% discounts are offered to the staff’s friends and family
10% for members who are student.
Pricing is also seasonal and summer discounts are 7%
We have verities of membership package with reasonable price
The core services provided by FemiFit are,
When you pay into something, you are more apt to use the facility.In our FemiFit Fitness Center we will provide with a reception which will be open 6 day in a week.
Our FemiFit is situated in MajidSarani ,Royal Mor, Khulna
our budget for promotion will be divided into
We will communicate with our customers through
FemiFit will hand out water bottles at events. These bottles will each have a health and wellness tip on them
As we don't have any brunch, customers may face problem to connect with us. Our pricing strategy
now a days, increasing heart and obesity diseases are causing people to pay attention to exercise. Overweighed women with diabetes are suffering from high blood pressure. Woman in urban area including pregnant woman and mothers are now more conscious about health. Potential to open another location provide first location is successful.