-
Location
-
COLORADO SPRINGS, CO
-
Expected Close Date
-
April 12, 2024
-
Target Raise
-
$30.00K-$60.00K
-
No. Investors
-
14
-
Security Price
-
$1
- Number of Employees
- 3
- Cash
- $394
- Revenue
- $22,186
- Short Term Debt
- $2,150
- Cost of Goods
- $0
- Long Term Debt
- $13,360
- Net Income
- $-4,392
Company Description
Grit Athletics offers small group strength training classes crafted to provide individuals with a personalized training experience while fostering a sense of community and mutual accountability. Their innovative approach ensures that participants benefit from personal training expertise within the supportive and motivating atmosphere of a group setting.
Key Deal Facts
Grit Athletics is the only gym in Colorado Springs that focuses on true long-term strength building outside of sport-specific training and are the only facility where small groups of members can train together with a focus on the major compound lifts, focused bodybuilding circuits, and simple low skill but highly effective general physical preparedness conditioning., In addition to small-group fitness classes, Grit Athletic runs a nonprofit to offer training to high schoolers and at-risk youth., In the last year, Grit Athletics has seen healthy cash flow from operations, has established a solid asset base, and is effectively managing debt.