YearThe Barre: A Fitness Boutique | Application Preview
The Barre: A Fitness Boutique is submitting a grant application to secure funding for essential costs as it prepares to reopen. The funds will be used to cover instructor salaries, rent, and equipment leases. The business aims to expand by opening a second location and hiring additional staff.
The application emphasizes the importance of supporting the local community through health and exercise initiatives. Unlike larger franchise competitors like Pure Barre, Cycle Bar, and Peloton, The Barre prioritizes local engagement by backing little leagues and charities.
The boutique distinguishes itself by fostering a strong sense of community and emphasizing safety in exercise. It aims to keep clients healthy through education and wellness clinics, making it a valuable resource in the area. The request for funding is presented as an opportunity to sustain and grow a small business committed to local welfare.
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General Information
Business Registration Number: 471133322
Location: Lexington, KY, United States
Length of Operation: 5 Years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
This will allow me to pay my instructors, rent, equipment leases until I can re open the business.
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Business Plan
I plan to open up a second location and to grow the current business by adding more employees. We are a small main street business that works hard to give back to the community through exercise and health education.
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Self Identified Competition
Our competitors are large franchise studios that have large marketing budgets such as Pure Barre, Cycle Bar, and Peleton. These are great companies but do not support local little leagues and charities as we do. We focus on growing a community and promoting safety through exercise. We focus on keeping clients healthy through education and clinics.
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Contact Applicant
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