Thursday, November 12, 2009

Kids’ Gym Biz Isn’t Playing Around

“Not everybody is taking a wait-and-see approach to planning budgets for 2010. Romp n’ Roll, a Richmond-based chain of kids’ gyms, wants to raise $1 million to $5 million as soon as possible to add more stores and recruit more franchisees for markets around the country. And time is of the essence, say the two owners – a husband-and-wife team of Mike and Babz Barnett – because the declining commercial real estate market is a golden opportunity to lock in lower operating costs. Romp n’ Roll, which was started in 2003 with a loan through the SBA, operates two gyms in the Richmond area and has eight franchise...’-gym-biz-isn’t-playing-around/

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