Gymholic is a brand created by Ishan Qureshi (a well-known face in the fitness industry and bodybuilding) and he is a public figure and also known as Ishan Gymholic across India.
-Being Gymholic provides a successful business model with a culture defined by people, purpose, profits, play.
-Being Gymholic is India’s 1st fully digitalized gym with an Infrared Sauna concept.
- Our USP is the convenience for our members, that is, 24/7 open, safe and secure environment.
- We have a total of more than 1,000 members and 350 to 450 active members currently and150 to 200 members registering on daily basis.
- The Footfall is approximately 10 to 15 everyday during the weekdays.
- Gymholic have relatively low overheads and initial investment with a great return in investment and you don't have to have specialized knowledge going into the franchise as it will be operated by trained staff and manager which will be arranged by us.
Operations Commenced On 2019
Franchise Commenced On 2021
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 500000
Royalty/Commission 7 %
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
Other investment requirements No
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Gujarat
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Type of property required for this franchise opportunity Commercial
Floor area requirement 4000 - 5000 Sq.ft
Preferred location of unit franchise outlet Near residential areas
Detailed operating manuals for franchisees Yes
Franchisee training location Ahmedabad
Expert guidance from Head Office to franchisee in opening the franchise Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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