AIN
ATLAS 24:7 Fitness

ATLAS 24:7 Fitness

location_on Kuala Lumpur ,  Malaysia

Please note:
Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Investors are encouraged to review and evaluate the investments and determine at their own discretion, the appropriateness of making the particular investment. The information on this website is provided for informational purposes only, but we cannot guarantee that the information is accurate or complete. We strongly encourage investors to complete their own due diligence with licensed professionals, prior to making any investment and will not offer any legal or tax advice.

Short Summary

75% of Malaysians lack gym access - gyms cost RM2,000-6,000/year. ATLAS 24:7: RM1,199 annually, staffed 24/7, premium equipment, zero hidden fees. Derrimut gyms (our inspiration) used this model to grow from 1 to 26 locations in 8 years

Highlights

  • Malaysians priced out means massive untapped market
  • Over 40% cheaper - RM1,199/year vs competitors' RM2,000-6,000
  • Same model that destroyed Anytime Fitness in Australia
  • Convertible loan: 2-2.5x buyout or 15% of expansion play
  • Path to 10 locations, 25,000 members, RM37.5M revenue

Overview

Target NZ$ 500,000
Minimum NZ$ 15,000
Investment Raised NZ$ 0
Previous Rounds NZ$ 0
Stage Pre-Startup/R&D
Investor Role Monthly Involvement

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