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A wellness center is an establishment that offers health services for the body and mind. Wellness centers usually offer skin care services and body services such as fitness, yoga, massage therapy, personal training, and nutrition consulting. Some wellness centers offer more alternate services such as Holistic therapies, Hypnotherapies, Reflexology or acupuncture. The potential for wellness services has developed over time with the modernization in the ancient culture. Also, the growing motivation for healthy and better living, linked with time limitations, gives acceleration to various services of a wellness center.
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Wellness Center Business • Available Reports on this Title – • http://meticulousbplans.com/product/wellness-center/ • Business Feasibility Study Report • Business Model • Project Report • Business Plan • Detailed Project Report
Executive Summary and Analysis • Wellness centers usually offer skin care services and body services such as yoga, massage therapy, and nutrition consulting. Some wellness centers offer more alternate services such as Holistic therapies, Hypnotherapies, Reflexology or acupuncture. • The growing motivation for healthy and better living, linked with time limitations, gives acceleration to various services of a wellness center. • The wellness industry is expected to witness rapid growth over the next few years, thus offering attractive investment opportunities for early stage investors. • As per MBP analysis, the global health & wellness market is expected to reach at US$ 24.1 billion by the year of 2022, with a CAGR of 6.78%.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Eternal Market Employment Generation Skilled Instructor Business License 4 2 3 Competitive Advantages Land location 5 1 Lifestyle Advancement Market Potential Required Technical Expertise
Market Dynamics Growth Drivers Opportunities • Rapid adoption in the urban societies. • Attractive investment opportunities for early stage investors. • Increasing demand for spa & beauty services, fitness, and rejuvenation. • Growing health consciousness of the population. Challenges Threat • Require skilled and talented manpower • Managing fluctuating costs. • High competition from gym, spa, healthcare facilities.
Financial Summary • Project – Wellness Center • Services– Yoga, Massage Therapy, Nutrition Consulting, Hypnotherapies, Reflexology, Etc. • Initial Investment – 3-4 Crores INR (Approx.) • Capital Investment – 1-2 Crores INR (Approx.)
Project Profile – Project Details Manpower Required Legal Requirements Product Portfolio Wellness Center Business & Industry Requirement Skilled Labor & Executives Services Employment Generation List Skilled Professional – XX Operations executives -X Marketing Executive – x (Sales & Marketing) Director – X (Admin, Operation, Marketing & Finance) • Yoga, • Massage Therapy, • Nutrition Consulting, • Hypnotherapies, • Reflexology, etc. PAN & TAN Shop Act GST Related License XXX XXX XXX XXX
Start-up Budget and Operation Details Slide Title • Budget (INR) • Pre-operative Expenses – XX,00,000 • Fixed Capital – XX,00,00,000 • Working Capital ( X Month) – X,00,00,000 • Total Investment – XX,00,00,000 • Cost Per Subscription – XX INR • Price Per Subscription – XX INR • Profitability – XX % • BEP – XX Years • ROI – XX % Operation Details Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX% Working Days – X00 Per Annum Land Requirement – Non Agricultural Land Area Required – X sq. feet Power Requirement – XX – X00 Kw (x Phase) Water Requirement – XX,000 LPD
Recent News(Timeline) & MBP Analysis • The Indian government has set a target of setting up 12,500 Ayush Health and Wellness Centres across the country. • Pune based Aditya Birla Memorial Hospital (ABMH) invests Rs 45Cr to upgrade its healthcare facility. The hospital is opening up the gym and wellness center even to outsiders for preventive care. • Hamdard Laboratories, over a 100 year old iconic FMCG company, launched Wellness Centres in Ghaziabad and Meerut. • Odisha has received Rs 48.34 crore in 2018-19 and Rs 65.22 crore in 2019-20 for up-gradation of Primary Health Centres (PHCs) and Sub-centres.
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