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Determination of Loan amount

	Gold Gym - Estimates
	Revenue	Overall Startup Costs		Production Costs per Unit
Prospective Product/Service	per item	Cost from Manufacturer	Labor/Supplies	Label/Packaging	Cost from Manufacturer
On Demand Fitness	$20/5 classes	$ - 0	instructor salaries	$ - 0	Instructors use equipment already in gym
Premium Fee	$ 5.00	$ - 0		$ - 0	$ - 0
Nutrition Shakes	$ 6.00			$ 1.00	$ 1.00
Equipment
Dumbbells (5/10/15 lb pack)	$ 40.00	$ 30.00	$ 5.00	$ 50.00	$ 3.00
Ellipticals	$ 600.00	$ 400.00	$ 10.00		$ 5.00
Treadmills	$ 450.00	$ 300.00	$ 10.00		$ 5.00
Stationary Bikes	$ 275.00	$ 200.00	$ 10.00		$ 5.00
Cardio Regiment	$35/4 classes	$ - 0	instructor salaries		Instructors use equipment already in gym
Gold Gym Apparel
Shirts	$ 15.00		$ 20.00	clothing already packaged at manufacturer site	$ 3.00
Sweatbands	$ 5.00				$ 0.50
Wristbands	$ 5.00				$ 0.50
Socks	$ 15.00				$ 1.00
Leggings	$ 25.00				$ 2.00
Sweatpants	$ 30.00				$ 2.00
Totals		$ 930.00	$ 45.00	$ 51.00	$ 28.00
					$ 1,054.00
		*The same $20 equipment gives the ability for all apparel manufacturing.
		*The same $50 for label/packaging is if packaging from manufacturer was damaged.
		**See the Product Descriptions tab for more details

Estimates

	Gold Gym - Estimates
	Revenue	Overall Startup Costs		Production Costs per Unit
Prospective Product/Service	per item	Cost from Manufacturer	Labor/Supplies	Label/Packaging	Cost from Manufacturer
On Demand Fitness	$20/5 classes	$ - 0	instructor salaries	$ - 0	Instructors use equipment already in gym
Premium Fee	$ 5.00	$ - 0		$ - 0	$ - 0
Nutrition Shakes	$ 6.00			$ 1.00	$ 1.00
Equipment
Dumbbells (5/10/15 lb pack)	$ 40.00	$ 30.00	$ 5.00	$ 50.00	$ 3.00
Ellipticals	$ 600.00	$ 400.00	$ 10.00		$ 5.00
Treadmills	$ 450.00	$ 300.00	$ 10.00		$ 5.00
Stationary Bikes	$ 275.00	$ 200.00	$ 10.00		$ 5.00
Cardio Regiment	$35/4 classes	$ - 0	instructor salaries		Instructors use equipment already in gym
Gold Gym Apparel
Shirts	$ 15.00		$ 20.00	clothing already packaged at manufacturer site	$ 3.00
Sweatbands	$ 5.00				$ 0.50
Wristbands	$ 5.00				$ 0.50
Socks	$ 15.00				$ 1.00
Leggings	$ 25.00				$ 2.00
Sweatpants	$ 30.00				$ 2.00
		*The same $20 equipment gives the ability for all apparel manufacturing.
		*The same $50 for label/packaging is if packaging from manufacturer was damaged.
		**See the Product Descriptions tab for more details

Descriptions

Product/Service Descriptions
	*** All product descriptions and estimates were created in response to current events to increase revenue for Gold Gym. All estimates were roughly calculated by Gold Gym management.
1. On Demand Fitness
	Select popular fitness classes taught by Gold Gym instructor via app on smarthpone, ipad, or computer. Classes are limited to a number of people to ensure recommendations are given by the instructor for each individual. Classes are first come, first serve for regular classes. For premium classes, a fee is required to hold your reservation.
2. CurbSide Nutrition Shakes
	Gold Gym focuses heavily on improving and helping healthy lifestyles. Nutrition Shakes offered at the small café inside the gym provide members with a quick meal before or after their workout. To promote social distancingm Gold Gym would like to look at further marketing its brand of nutrion shakes created by Pete Boiler to help improve revenue and increase advertisment by delivering curbside pickup for its shakes. A major change for the shakes is the lid shape, Gold Gym no longer has straws on site and had to order different lid styles.
3. Equipment
	Equipment is essential for some workouts, Gold Gym ensures that each of its members are able to access any equipment needed during their time at the gym. Bike, scooter, and skate rentals are all available for members to rent out at an additional fee per month. Other equipment can be sold to members including dumbells, ellipticals, treadmills yoga mats, etc. Several of the most popular are listed with pricing, if customer is a member, then shipping is free, if not, then shipping is $10 extra. The $10 extra is taken by Gold Gym to offset labor/shipping costs.)
4. Cardio Regiment
	A newer service offered by Gold Gym is the cardio regiment. This can be a virtual or in-person exercise in a distanced space with limited number of members. This regiment aims at improving cardio through several workouts of biking, walking, running, and jump roping. Unlike the On Demand Fitness, Cardio Regiment is available to nonmembers.
5. Gold Gym Apparel
	A recent investment for Gold Gym, Pete Boiler started up a small clothing line sold only on Gold Gym's website and in a small section in the cafe. The apparel line includes sweatbands, socks, shirts, wristbands, leggings and sweatpants. The apparel started selling in the 3rd quarter of 2020.