

Gym owner raises $3.5M to scale fast-growing gym chain
🌎 John Franklin (https://www.instagram.com/johnisbuilding/) catches up with Dane McCarthy (https://www.instagram.com/mccarthydane/?hl=en) from The Athletic Clubs about how he raised $3.5M, his plans to grow, and what's next for the brand.
P.S. If you like the show, then you'll love the Gym World newsletter. Every Friday, John Franklin breaks down the possibilities of making money in the fitness industry. Subscribe here (https://usekilo.com/gym-world/) so you don't miss out.
📱 Socials:
The Athletic Clubs - https://www.instagram.com/the.athleticclubs/?hl=en
The Athletic Clubs (website) - https://www.the-athleticclubs.com/
🔥 Show Notes:
(00:00) Introducing Dane
(1:40) What are The Athletic Clubs?
(5:02) Expansion plans
(9:39) Why raise money?
(12:32) Run a successful gym with Kilo (visit https://usekilo.com/)
(13:04) Criteria for gyms
(16:01) Process for raising money
(23:39) Benchmarks for Private Equity firms
(28:37) Future plans and Dane's role
(32:50) Where to go to find Dane