TLC Fitness LLC | Application Preview
TLC Fitness LLC is seeking government grants to enhance its operations and better serve its clientele. The funding will be used to expand the facility by adding 1,400 square feet, introduce a broader range of wellness programs, and upgrade outdated equipment.
Since opening its startup gym in 2019, TLC Fitness has navigated several challenges, including four COVID-related shutdowns. Despite this, the business has shown resilience and growth, positioning itself well within the target market. The competitive landscape includes large gyms and other fitness studios, but TLC Fitness stands out as the only private personal training studio in the area, catering to a niche clientele that includes doctors, business professionals, and athletes seeking personalized training.
The gym offers unique services, including being the sole local golf fitness instructor certified by Titleist, with advertising support from the local country club to draw in ideal clients. This distinct model, focusing on specialized attention and equipment, highlights TLC Fitness's competitive edge in the regional fitness market. Overall, the proposed expansion and enhanced offerings aim to solidify the business's foothold and further capitalize on its unique market position.
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General Information
Business Registration Number: TLC Fitness LLC
Location: South Williamsport, PA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
With this funding we plan on growing and expanding our business to serve more clients, offer more wellness programs, and update some old equipment
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Business Plan
In the next 5 years we plan to add an additional 1400 square feet where we are renting, We plan on offering more recovery and amenities to our clients I have been in business since 2012 but opened my own startup gym in 2019. After having 4 Covid shutdowns business is still growing and we have the ideal target market in our area. Last year Covid affected cancelled appointments and some other struggles but otherwise we plan to dominate the area with our private personal training studio and specialize in just that!
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Self Identified Competition
So no one else has our business model in the area even though a few other big box gyms or Crossfit gyms are local Fitness factory Lumber captial athletics Crew 22 athletics We are the only private personal training studio in the area which attracts doctors, business owners, and athletes who want specialized equipment and attention. I am also the only golf fitness instructor in our area through Titleist. Our local country club advertises me and send me ideal clients
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Contact Applicant
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