Maleek Jackson Fitness Boxing Gym

Maleek Jackson Fitness Boxing Gym

Boxing Gym

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Security Type
Revenue Sharing
Categories
Sports & Fitness
Min Investment
$100
Location
Philadelphia, PA
Offering Date
January 25, 2021
Expected Close Date
March 21, 2021
Target Raise
$10.00K-$245.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $140. They will owe you this amount by 10/1/2028, regardless of revenue.

Company Description

The Maleek Jackson Fitness Boxing Gym is for beginners to pros looking for an intense, satisfying workout that works the whole body, and boxing education.

Maleek Jackson Fitness Boxing Gym is creating 15 beginner-level virtual boxing education programs for the School District of Philadelphia.

Key Deal Facts

Student-oriented programming
Free for the Philadelphia School District students
Commitment to mentoring the youth

Use of Proceeds

  • Operating Capital: $120,000
  • Mainvest Compensation: $14,700
  • Equipment: $20,000
  • Space Build-out/Renovation: $90,300

Management Team / Advisory Board Bios

Maleek Jackson
Owner
Maleek Jackson knows all about pain and struggle. He was born in the heart of South Philadelphia and became involved in a life of crime during his teenage years. At the tender age of 16, Maleek was sentenced to 8-16 years in the State Penitentiary. After spending ten years of his life in prison, Maleek decided to start all over. He discovered his love for boxing and fitness in prison, and he decided to turn his dreams into a reality. The odds were against him, but he didn't let that stop him. Maleek understood the power of hope and self-development. He spent his last five years in prison planning a new life. In this inspiring and personal book, Maleek talks about his mistakes and his ten years behind bars. He experienced many tragedies during that decade, but he turned his pain into purpose. By refusing to give up, Maleek created a successful career in less than three years. He is considered the top personal trainer in the Philadelphia area. He trains a plethora of city officials, professionals, athletes, and entrepreneurs. He created a sponsorship program called "Trust the Process," where he prepares and provides tutoring sessions for inner-city youth in the Philadelphia area. Maleek is living proof that it's never too late to start over. He changed his life around, and he believes that you can also. Everyone makes mistakes, and everyone deserves a second chance. Maleek encourages us to rise above reality and chase our dreams. Ten years in prison couldn't stop Maleek, and he believes that nothing can stop you.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $140. They will owe you this amount by 10/1/2028, regardless of revenue.

Amount Raised : $1,600
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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