Rhino's Gym & Fitness Center / Nurain Natasha Salim .. [et al.]

Salim, Nurain Natasha and Koh, Aldrich and Abdullah, Md Hafiz and Kollin, Nigel and Haris, Muhd Nur Waliyuddin (2016) Rhino's Gym & Fitness Center / Nurain Natasha Salim .. [et al.]. [Entrepreneurship Project] (Unpublished)

Abstract

'LET'S GET FIT' is our tagline. Rhino's Gym & Fitness Centre is service type
business founded in 2016 and will become a national leader in physical education that gives
education to local communities the important to stay healthy and reduce the problem of
obesity in our country. We are also providing efficient and effective services to our
customers. Our principal offices are located in Kepayan Ridge.
Presently, our service is in the introductory stage. It competes based on the hall
provided for women and men. We provide two hall that separates women and men that can
give more privacy to women especially the muslimah. We also provide friendly professional
trainer to each and every member. Moreover, we also provide female trainer for our women
customer. Our gym also provides free Wi-Fi to our customer. Our futures plans include
reduce the problems of obesity in our country starting from local communities in 3 years.
We define our market as healthy lifestyles. The total market size was approximately
RM6,327,720 in 2015 and is expected to grow by 10% by 2 years. We currently hold 5% of
this market and believe we can capture 5% by I year. Some of our most customers include
the residents of Kepayan Ridge and Austral Park.
Our services is unique because of we provide separate hall for women and men to
fulfilled the needs of women whom need more privacy and separate from men. We have
competitive advantage because of our low cost producer status, clean, fun and more
comfortable than other gym.
We are seeking RM 135,471 which will enable us to provide high quality services and
comfortable environment for our members by providing high quality equipment and
professional trainers. We expect to provide an exit within 5 years by a dividend of excess
profit.

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