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> KL Sentral infiniti gym rental RM80,000 per month

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ar188
post Apr 14 2014, 12:08 AM

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QUOTE(Hunakadoo @ Apr 14 2014, 12:02 AM)
walao,England optical amoi usually is malay one woooo... u want also go optical88 la,more lenglui there haha
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wei this was years ago la. biggrin.gif
harry78
post Apr 14 2014, 12:09 AM

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subang rojak mamak own opposite shop rent for 40k dy
K.I.T.T
post Apr 14 2014, 12:31 AM

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QUOTE(cubiclecarbonate @ Apr 13 2014, 07:40 PM)
If the business can tahan one month lah

If not, die die also need to find people for rental or sell lot

I only wonder how they survive for a month only to pay the rental
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depens pada owner.biasanya yang jenis sewa mengarur ni pasal dia dah besar.ada banyak income lain cover.tapi kalau tmpat mcm tu managment yang
pegang.mereka x jual keluar.

aku nasihatkan kau kalau nak invest propeties avoiding shopping mall.
slimfox
post Apr 14 2014, 12:34 AM

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QUOTE(pandamao @ Apr 14 2014, 12:06 AM)
i mean now la not last time. I assume this duno what infinity gym just operated for few months? So i dont think bank will approve loan for him lar, even got also must provide collateral or the owner got other business generated massive income paying huge taxes.
Haha, but i dun think this owner got lar or else no need cabut lari lor. hehe
Btw its stupid to pay Rm80k rental per month for gym business.
I not sure the rates there. Assume my place RM88 per month ler for gym rates. means to cover rental only needs to have 909 members. This not enough leh. Need 1000 members only can. Haha. 1000 members ah. its crazy!!
80000 plus the operating cost air con and electric and salaries and others need 90000++ la. crazy ba!!
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Ya I also mean now la. Still happens la, depends on what level you are in your bank. News from my contacts HQ level, branches still approve AWOL loans la (yes even with the current checks and balances because humans are involve).

I think if you have a sound business model for your GYM business rental should not be a problem. Example is the gym in Mid Valley (California if not mistaken). Been there for ages and I think the rental there is about there (market rate).

Rental is unimaginable la, take for an example, restaurant in in Pavilion, rental for about 5000sqf aprox 180k (might be higher now), they have survived since the early days of the complex. Margins and cost I would say GYM is better than a restaurant ya.

edit: typo

This post has been edited by slimfox: Apr 14 2014, 12:35 AM
pandamao
post Apr 14 2014, 12:38 AM

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QUOTE(slimfox @ Apr 14 2014, 12:34 AM)
Ya I also mean now la. Still happens la, depends on what level you are in your bank. News from my contacts HQ level, branches still approve AWOL loans la (yes even with the current checks and balances because humans are involve).

I think if you have a sound business model for your GYM business rental should not be a problem. Example is the gym in Mid Valley (California if not mistaken). Been there for ages and I think the rental there is about there (market rate).

Rental is unimaginable la, take for an example, restaurant in in Pavilion, rental for about 5000sqf aprox 180k (might be higher now), they have survived since the early days of the complex. Margins and cost I would say GYM is better than a restaurant ya.

edit: typo
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u cant compare with restaraunt and gym. thats already wrong. The revenue for restaurant is so high and not fixed. Based on how well is ur foods and price. But gym, not far u can go. The same amount of members even increase also not much. Dun compare with mid valley pls doh.gif
Still the same , banks are not stupid to simply approve huge amount of loan for u. Even approve just small amount wun be million especially this tauke that cabut lari @@
K.I.T.T
post Apr 14 2014, 12:39 AM

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QUOTE(pandamao @ Apr 13 2014, 11:57 PM)
u sure selling Rm25 dress can afford pay let say 40k per month rental?
Ok, lets do simple calculation. $40000/30=$1333 per day then divide Rm25 means everyday must sell at least 53 . But selling 53 cannot break even leh because havent include operating cost like wages,electricity,and many others. I think selling 70 per day should be able to break even only @@
Can they sell 70 cloths per day? hehe
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diorang tu yang jual baju *uknown kompeni* mostly they just want *cuci duit* only. they not REALLY run a bussiness. suami got money and wife interested run bussiness so just pump money. duit yang dah pump tu jadik duit legal. so u can buy house / car / hidup mcam biasa.

if u see properly like this type bussiness must be sdn bhd. smile.gif
lemond
post Apr 14 2014, 12:43 AM

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i'm one of the members and hopefully they will refund, already payed for 1 year subscription..sucks
pandamao
post Apr 14 2014, 12:44 AM

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QUOTE(lemond @ Apr 14 2014, 12:43 AM)
i'm one of the members and hopefully they will refund, already payed for 1 year subscription..sucks
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can tell hw much pls?
lemond
post Apr 14 2014, 12:46 AM

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QUOTE(pandamao @ Apr 14 2014, 12:44 AM)
can tell hw much pls?
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RM1500++ per year

This post has been edited by lemond: Apr 14 2014, 12:46 AM
KYPMbangi
post Apr 14 2014, 12:49 AM

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That place changes hand like every year.. true story
pandamao
post Apr 14 2014, 12:50 AM

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QUOTE(lemond @ Apr 14 2014, 12:46 AM)
RM1500++ per year
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ok let say 1550 ler. means 1 month =Rm130 ba.
Rm90000 per month(include operating cost)/130= 692 members
Haha. This gym got so many members serious? can open gang liao. lol. sure cabut lar. hahaha
Must got at least 800-900members if not i duno when only he can get back his ROI. @@
Xirality
post Apr 14 2014, 12:51 AM

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How much is pyramid average rental fee?
IluvProton
post Apr 14 2014, 12:52 AM

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Tepi jalan KLCC rental = over RM 9000
max_cjs0101
post Apr 14 2014, 01:01 AM

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QUOTE(yeelong @ Apr 13 2014, 11:59 PM)
It's real, my colleagues kena-ed coz they are signed for package which allow bank auto debit their CC. Now they are waiting for refund. But Sooka have been hiking up their rental to their tenants that caused a lot of the tenants being guling tikar or raise the food price. The Korean bendo which is my fav raised RM2 last Nov.... cry.gif  cry.gif
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Wait until NU Sentral fully opens and see what will happen. I've never eaten at Sooka due to the ridiculous prices there.
rooney723
post Apr 14 2014, 01:05 AM

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QUOTE(pandamao @ Apr 14 2014, 12:50 AM)
ok let say 1550 ler. means 1 month =Rm130 ba.
Rm90000 per month(include operating cost)/130= 692 members
Haha. This gym got so many members serious? can open gang liao. lol. sure cabut lar. hahaha
Must got at least 800-900members if not i duno when only he can get back his ROI. @@
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gyms usually hav thousands of members, most of the time u dun c them in the gym cos most of them r inactive members, oni a few r active n hardcore members

n 80k for a gym is considered cheap considering the huge space needed for a gym
KYPMbangi
post Apr 14 2014, 01:10 AM

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QUOTE(max_cjs0101 @ Apr 14 2014, 01:01 AM)
Wait until NU Sentral fully opens and see what will happen. I've never eaten at Sooka due to the ridiculous prices there.
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Plaza sentral basement ftw thumbup.gif
pandamao
post Apr 14 2014, 01:14 AM

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QUOTE(rooney723 @ Apr 14 2014, 01:05 AM)
gyms usually hav thousands of members, most of the time u dun c them in the gym cos most of them r inactive members, oni a few r active n hardcore members

n 80k for a gym is considered cheap considering the huge space needed for a gym
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doh.gif ur meaning of thousands means 2000 members in this kl sentral gym? 2000 times RM130 already 260k per month and its stupid for owner to cabut doh.gif

Ledda
post Apr 14 2014, 01:15 AM

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lol, good place to wash black money
rooney723
post Apr 14 2014, 01:17 AM

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QUOTE(pandamao @ Apr 14 2014, 01:14 AM)
doh.gif  ur meaning of thousands means 2000 members in this kl sentral gym? 2000 times RM130 already 260k per month and its stupid for owner to cabut  doh.gif
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i duno la, but u look at fitness first, true fitness etc usually they hav thousands of members n their rental much higher than infiniti la

mayb infiniti r nt popular enuf dats why members oso lesser lo
yeelong
post Apr 14 2014, 01:19 AM

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QUOTE(max_cjs0101 @ Apr 14 2014, 01:01 AM)
Wait until NU Sentral fully opens and see what will happen. I've never eaten at Sooka due to the ridiculous prices there.
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TBH, comparing price between NU Sentral to Sooka, NU Sentral is like elephant to fly.

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