|Category||Games, Video and Entertainment|
|Description||Youth-only Interactive Fitness Studios|
|VENTURE FUNDING TOTAL||$500k|
|Seed, 2/08 ||$500k|
State-of-the-art kid/teen fitness and activity center featuring exergaming and interactive gaming technology “fuzed” with traditional sports conditioning, yoga, zumba, jumprope classes, parties, camps and certified 1-1 coaching just for children. Big “wow” facility factor - club meets gym meets high-energy party.
Excellent traction, working with over 6,000 kids since opening in Q1 ‘08. Annualized revenues exceed $320K, margins of 30-50%. Reproducible model via franchising as well as big-box partnering ventures. High value proposition for parents, featuring FUZE braned afterschool SHUTTLE pickup service and credentialed tutoring extended care program at 30% less than traditional Y-Care. Built-in natural feeders (parties, camps, field trips) for member-based EFT auto-debit model, with 2/3 of clients on 6 or 12-Month contracts, ranging from $89-$169/mo., extended care at $289-$389/mo., personal training from $229$479/mo. parties at $399-$599, and camps for $329/wk.
Our focus is on prevention and on instilling enduring habits required to live a healthy lifestyle as well as the advancement of current skill sets. We will empower children and their families through strategies and tactics largely based in play, and we will leverage technology and scientific principles to accomplish our goals. Extremely fragmeneted marketplace, solid barriers to entry, and easily formed alliances with schools, PTA, phyisicians, sports coaches, and educators given budget shortfalls, lack of school P.E., poor facilities, and general parental fear of abduction and outdoors. Parents appreciate our convenience teamed with high-value service model.
Management team is personally invested. Direct health care, biotech, fitness, and youth gym expertise.