Project Scope Definition for Establishing a Business Relationship with Carta Capital Partners (Pty) Ltd

Project Title: Establishment of Catering Service Management for Juice Bars at Planet Fitness Gyms

Project Goals:

• To establish a national single tenant relationship with Carta Capital Partners (Pty) Ltd for managing and servicing the Juice Bars at all 39 Planet Fitness gyms across South Africa.
• To ensure legal and financial due diligence is completed prior to the agreement.
• To implement necessary changes at each gym to facilitate member and public access to the Juice Bars.

Target Audience:

• Planet Fitness management
• Carta Capital Partners (Pty) Ltd
• Gym members and visitors

Key Features:

1. Legal and Financial Due Diligence:
   • Conduct thorough assessments to ensure compliance and financial viability.
2. Tenant Agreement:
   • Draft and finalize a tenant agreement outlining responsibilities and expectations.
3. Tenant Rental Agreements:
   • Establish rental agreements that reflect fair market value and terms.
4. Commercial and Revenue Returns:
   • Analyze potential revenue streams and commercial viability of the Juice Bars.
5. Business Case Development:
   • Create a comprehensive business case to justify the partnership and investment.
6. Implementation Plan:
   • Develop a step-by-step plan for rolling out the service across all locations.

Changes Required at Gyms:

• Modifications to existing Juice Bar accommodations to enhance accessibility for members and the public.
• Installation of signage and promotional materials to inform gym-goers about the Juice Bar services.

Associated Costs and Financial Impact:

• Detailed cost analysis for renovations, equipment, and operational expenses.
• Projected financial impact on revenue generation from Juice Bar services.

Benefits of a National Single Tenant:

• Streamlined operations and consistent service quality across all locations.
• Enhanced customer experience leading to increased member satisfaction and retention.
• Economies of scale in procurement and service delivery, resulting in cost savings.

Timeline:

• Project initiation: [Insert Start Date]
• Completion of due diligence: [Insert Due Diligence Completion Date]
• Finalization of agreements: [Insert Agreement Finalization Date]
• Implementation phase: [Insert Implementation Start Date] to [Insert Implementation End Date]

Locations:

• Bedfordview
• Benoni Lakefield
• Benoni Northmead
• Brackenfell
• Brakpan
• Cavendish
• Centurion Gate
• Centurion Heuweloord
• De Waterkant
• Durbanville
• Fourways
• Fourways Mall
• George
• Greenstone
• Hazelwood
• Hennopsview
• Irene Link
• Krugersdorp
• Menlyn
• Middelburg
• Midlands
• Midrand
• Montana
• Morningside
• Olympus
• Parklands
• Plattekloof
• Potchefstroom
• Queenswood
• Randfontein
• Roodepoort
• Sandton Gate
• Sandton Marc
• Silver Lakes
• Springs
• Wanderers
• Waterkloof Ridge
• Westville
• Witbank

Conclusion: This project scope outlines the necessary steps and considerations for establishing a successful partnership with Carta Capital Partners (Pty) Ltd to manage the Juice Bars at Planet Fitness gyms, ensuring a comprehensive approach to legal, financial, and operational aspects.