Challenge Fit LLC | Application Preview
Challenge Fit LLC is seeking government grants to support the establishment of a new fitness facility. The funds will primarily be allocated towards opening the gym and acquiring necessary equipment.
The business aims to provide both in-person and virtual training services, with plans to hire coaches to enhance its offerings. The motivation behind this venture is to assist individuals struggling with their health in the aftermath of the pandemic. By offering flexible training options, the goal is to promote healthier lifestyles among clients.
While competition exists in the form of local businesses, like Peter Krause Fitness, and larger commercial gyms such as Orange Theory and Anytime Fitness, Challenge Fit LLC aims to differentiate itself with a welcoming atmosphere. The facility will prioritize a friendly, non-commercial feel to ensure all clients feel comfortable. Furthermore, the owner intends to provide consistent support, making virtual training available for those unable to attend in person, ensuring clients maintain their fitness progress.
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General Information
Business Registration Number: 871033255
Location: Verona, WI, United States
Length of Operation: Less than a year
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I plan to open up my own fitness facility, along with purchasing equipment for the facility.
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Business Plan
I plan to open up a gym for in person training, along with hire coaches to help me train more clients. I will then have virtual and in person services. My goal as a business owner is to help people struggling with their health because of this pandemic. I want to give people the option of training at my gym or training virtually with me. Either way I just want to help them live a healthier lifestyle.
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Self Identified Competition
I have a few competitors in the area. Peter Krause Fitness being my biggest competitor. The others being commercial gyms like orange theory and Anytime Fitness. My business is going to be for the people. It will not have a commercial type feel. It will have a warm and welcoming feel that let's everyone who trains have a comfortable experience. If they arent able to make it to their training sessions in person, I will always be available for them virtually so they will never have to worry about making progress. I plan to be there for my clients every step
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Contact Applicant
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