Sports Industry

Rock Climbing Gym and Fitness

, United States (US)

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  • Last Updated On 7th Mar 2018

FREDROCK Climb and Gym’s will be a new business in Frederick Maryland. Several rock climbing gyms in Maryland have expanded because of the popularity. The closest gym would be in Rockville Maryland approximately 30 minutes away. Comparable climbing gyms in similar size markets have average yearly sales of above 3.5m a year. Profit margins are high since there is no restock issues. Initial upfront cost is primary expense for the business and land. The project is for purchase of 3.5 acres of land, building the building and rock climbing gym, yoga studio, martial arts studio, and exercise gym. Once installed the walls have a 5-year warranty on all parts. The building and install and engineering of the walls takes approximately 18 months. The building size proposed is approximately 40,000sf. I am looking for an Angel investor / silent partner to have a percentage of the business and profit while I do the work and provide sweat equity. Sales for climbing gyms of this size and demographic area are well over 3.5 Million a year. Profits of over 2.1 million a year. The lifespan of rock climbing gyms of this nature is over 20 years with an average angel pay back of close to $850,000 usd a year. Over 20 years you would have a return of over 17 million and the property would increase in value being just outside the Washington DC area.

By Entreprenuer:

0% of amount flexible goal

$0

TOTAL INVESTMENT OF $5M GOAL

About this Project

FREDROCK Climb and Gym's will be a new business in Frederick Maryland. Several rock climbing gyms in Maryland have expanded because of the popularity. The closest gym would be in Rockville Maryland approximately 30 minutes away. Comparable climbing gyms in similar size markets have average yearly sales of above 3.5m a year. Profit margins are…

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Understanding of Risk & Challenges

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PROJECT SUMMARY

$0

TOTAL INVESTMENT OF $5M GOAL

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