Vivek Shah
Los Angeles, CA (USA)
Role(s):
Founder/Owner/Principal
GymYeah!
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Startup
Location:
West Hollywood
Industry:
Sports/Recreation
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
Most of us have friends that workout at gyms other than ours. This is quite a painstaking problem for most people since they would have to buy a membership to that other gym or have to use a one-day guess pass valid for just one day.
In our service, members would pay a monthly membership fee to the website and the members would receive special access to ANY participating gyms in United States and abroad- 24 Hour Fitness, L.A. Fitness, Lifetime Fitness, Bally Total Fitness, Planet Fitness, Crunch, Equinox, Spectrum, Sports Club/LA, Goodlife, Las Vegas Athletic Clubs, Spare Time, Chelsea Piers, and more! There would be no other hidden costs such as initiation fees, taxes, etc.
After signing up, their profile will automatically be forwarded to all of the gym's systems for instant access, along with a unique barcode ID that could either be printed out or be shown off of a phone.
There would be four tiers as follows:
Tier 1: - $50/mo.
Tier 2: - $75/mo.
Tier 3: - $125/mo.
Tier 4: - $200/mo.
As a hypothetical example, if there were only three clubs with average monthly dues as follows:
24 Hour Fitness $40/mo.
Lifetime Fitness $60/mo.
Equinox $150/mo.
Then,
Tier 1 members would have access to 24 Hour Fitness only
Tier 2 members would have access to 24 Hour Fitness & Lifetime Fitness
Tier 3 members would have access to 24 Hour Fitness & Lifetime Fitness as well
Tier 4 members would have access to 24 Hour Fitness, Lifetime Fitness & Equinox