Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Gossip & Opinions => Topic started by: Tedim on March 31, 2014, 10:51:12 AM
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At least a 5000 sq ft and "IS PROFITABLE"....have questions ;D
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me for over 21 years
probodies.ca
Reported, Spamming ;D
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Vladimir Putin.
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if youre going to act like retarded children, relegate yourslefs to another thread appropriate to IQ ;D plz....the management.
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At least a 5000 sq ft and "IS PROFITABLE"....have questions ;D
(http://suitelife.com/wp-content/uploads/2013/04/l-300x194.jpg)
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(http://suitelife.com/wp-content/uploads/2013/04/l-300x194.jpg)
my crossfit trainers
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coach has a successful gym under 50 sq ft ,
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I've got a few, what are the questions?
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If you want to own a gym there is a lot of work involved everyday and you cannot leave it to be
ruined runned by employees.
My 2 cents.
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I've got a few, what are the questions?
set up, operating expenses, equipment and layout, sell-ability.....initial investment.
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If you want to own a gym there is a lot of work involved everyday and you cannot leave it to be ruined runned by employees.
My 2 cents.
we don't operate businesses, we build and sell....gym is something new for us. Looking at it, so far on the fence.
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Rules for a successful gym
all personal trainers must be very skinny
no tight fitting clothes on men and women
have a fast food bar selling fries pizza etc.
no free weights only machines
no dumbbells over 50 pounds
music should be soft and relaxing not very loud.
A none intimidating name e.g. relax fitness.
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set up, operating expenses, equipment and layout, sell-ability.....initial investment.
Can you be more specific, each of those topics is very complex.
First question for you is what market are you after?
Mainstream, athletes, strength crowd, personal training studio?
www.dohertysgym.com (http://www.dohertysgym.com)
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I opened a bunch of Gym Changing rooms where old men can folick naked all day long.
www.nakedoldmenchangingr ooms.ru
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Can you be more specific, each of those topics is very complex.
First question for you is what market are you after?
Mainstream, athletes, strength crowd, personal training studio?
www.dohertysgym.com (http://www.dohertysgym.com)
Mainstream
Building shown below we purchased, 3 mile demos are middle income families 30 thousand households....looking to build, rev up sell in that order. Can expand the building by 4500 sq pad is prepped. 24+ foot ceiling can two tier inside as well at both ends.
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Are you going to do a turn-key, with all equipment in place, or just do the buildout?
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Are you going to do a turn-key, with all equipment in place, or just do the buildout?
turn key....without the expansion (unless pre-sold)
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I'm doing demo and starting the construction on the coin laundry on the 11th
will demo the large suite same time
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Silk just opened one this year. Looks like a great gym. We will be expanding to about 4000sqft after my lease is up with the current one but mine is private. Tony or Hazbin would probably give the best answers, but always start with a business plan.
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Me
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Tonys website and gyms look great....will poke around see if I can learn something....I abhor business plans IMO waste of time/energy.
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Me
any insight would be appreciated, ty
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I nor I fathom coach or tony can truly relate to what u r saying. A gym is no ez business. We r doing great n plan to expand in the fall. But I would never go in to a business with the notion of flipping it. Well a gym at least. Now u may end up selling it but I don't do anything I don't have a passion for. The gym is my passion n judging by coaches n Tony's gym id say its their passion too. Like I said I'm not saying if the gym outlasts me I won't sell it. Just saying a gym is a shitload of work n it takes dedication to make it work. I couldn't be that dedicated to a flip.
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I nor I fathom coach or tony can truly relate to what u r saying. A gym is no ez business. We r doing great n plan to expand in the fall. But I would never go in to a business with the notion of flipping it. Well a gym at least. Now u may end up selling it but I don't do anything I don't have a passion for. The gym is my passion n judging by coaches n Tony's gym id say its their passion too.
I build and sell businesses, 70-80% are coin laundries. My interest is filling my real property, selling off the businesses and retaining rent and the financing, nothing more.
What I am interested in is setting up a cookie cutter gym so I am looking for mainstream gym info....
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The best gym concept by far for you is to think about a budget gym model. Look at what they do and then see if the location is suitable. The idea is that they require very little work to run versus a specialist / full scale operation.
I really like the idea of a gym you walk into with a swipe card, minimal staff, low low cost to both consumer and operator...
And I own gyms but not like these ones. I wish I did because I think it would make for an easier life and a more scaleable business.
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I build and sell businesses, 70-80% are coin laundries. My interest is filling my real property, selling off the businesses and retaining rent and the financing, nothing more.
What I am interested in is setting up a cookie cutter gym so I am looking for mainstream gym info....
yes I got that from your posts. I don't do the cookie cutter stuff. I guess u could make it work. Planet fatness sure has. I don't know that business model. So I can't really help but anything can be done I suppose. Oh. N I'm not being a smartass. Anything that gets America off the couch is a good thing!
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Rules for a successful gym
all personal trainers must be very skinny
no tight fitting clothes on men and women
have a fast food bar selling fries pizza etc.
no free weights only machines
no dumbbells over 50 pounds
music should be soft and relaxing not very loud.
A none intimidating name e.g. relax fitness.
Don't forget the "Lunk Alarm" ~ very important. Most people learned about these in their Physiology classes ~
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Think of what your ideal gym would be like...I'm sure you would want ALL the equipment you desire. Initial investment would mostly be the equipment. Keep a low staff and be willing to work yourself 7 days a week. A good addition would be to have some tanning beds in there as well. Location is key! However, if you are planning on building to sell...don't. The buyers market for gyms is very very low. Everyone has a different concept of what a gym should be. With so many different varieties including cross fit, Pilates studios, boot camps, class studios, etc. versus big corporations like 24 hour fitness (where I work), la fit, etc having all that in one location and access to all clubs, more people are likely to join those. Unless, you open location where there are none around. It's not a business to build just to sell. But it can be a great one to build and keep. The coin laundry is perfect. You hardly have to be there :) and you can sell anytime to a large market. I'm always looking for a coin laundry to buy...but not a gym! I'd open my own gym, but would never buy one. Unless I know it's a gold mine with a huge member base already. Think about it.
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Vladimir Putin.
Hahahaha!! ;D ;D
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I build and sell businesses, 70-80% are coin laundries. My interest is filling my real property, selling off the businesses and retaining rent and the financing, nothing more.
What I am interested in is setting up a cookie cutter gym so I am looking for mainstream gym info....
I would love to help but what you are trying to do is so far from my world that I cannot relate to it. We are definitely not mainstream and do what we do because we love it, what we have cant be bought and sold.
Having said that, you need to talk to mainstream people and see what they want, see if there are prospective buyers in that market, or you may be stuck with it. I'm not sure why anyone would buy it without years of goodwill, as they could set up a "new" business just like yours without paying you the profit you are looking for.
I wish you well but think this has been done to death and there are not that many cashed up, gullible people out there buying mainstream gyms.
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Let's get away from the for sale side....it's too complicated for me to explain, in short I function like a small hedge fund so sale is not an issue.
I need feedback on services, layout, equipment and daily function...this is info I'm looking for, thank you all for the other info.
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Think of what your ideal gym would be like...I'm sure you would want ALL the equipment you desire. Initial investment would mostly be the equipment. Keep a low staff and be willing to work yourself 7 days a week. A good addition would be to have some tanning beds in there as well. Location is key! However, if you are planning on building to sell...don't. The buyers market for gyms is very very low. Everyone has a different concept of what a gym should be. With so many different varieties including cross fit, Pilates studios, boot camps, class studios, etc. versus big corporations like 24 hour fitness (where I work), la fit, etc having all that in one location and access to all clubs, more people are likely to join those. Unless, you open location where there are none around. It's not a business to build just to sell. But it can be a great one to build and keep. The coin laundry is perfect. You hardly have to be there :) and you can sell anytime to a large market. I'm always looking for a coin laundry to buy...but not a gym! I'd open my own gym, but would never buy one. Unless I know it's a gold mine with a huge member base already. Think about it.
Tanning beds good idea....stand up ones.
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Fit it all with equipment from global fitness, make it turn key and just keep it in the family.
Whoever buys it off you will go broke trying to make their loan and rent payments.
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Fit it all with equipment from global fitness, make it turn key and just keep it in the family.
Whoever buys it off you will go broke trying to make their loan and rent payments.
Then I repo and sell it again.....rinse repeat
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Strippers. Everything works out when strippers are involved.
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Then I repo and sell it again.....rinse repeat
Good luck getting the locals to join a gym that keeps going broke and stealing their money.
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Good luck getting the locals to join a gym that keeps going broke and stealing their money.
Good point....but 1 year free memberships should fix that
Plus I'm the note holder so there is no issue on shutdown...just assumption no lag time
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Again what "services" are a must for mainstream?
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Again what "services" are a must for mainstream?
Purple and pizza.
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Equipment
Bench 3 flat, 2 incline 1 decline
Squat racks 2
Smith 1
Preacher 1 standing 1 sitting
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Equipment
Bench 3 flat, 2 incline 1 decline
Squat racks 2
Smith 1
Preacher 1 standing 1 sitting
Yes, two preacher curl stations are the key to a successful business
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It's tough paddling through getbig waters.... ::)
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Have you looked into salvage operations? Every once in a while, I see a whole gym worth of shit on craigslist (NO FUCKING HOMO, YOU FUCKING HOMOS)
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If you want to own a gym there is a lot of work involved everyday and you cannot leave it to be ruined runned by employees.
My 2 cents.
I use to own a 12,500 square foot gym. The employees that I thought where my friends, robbed my blind. Stole over 100K in 3 yrs. I had to sell it. Good thing I was buying the building it was in, because it was the sale of the real estate that saved my ass and paid off the gyms debt. Good lesson learned. Don't trust people with your money.
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Have you looked into salvage operations? Every once in a while, I see a whole gym worth of shit on craigslist (NO FUCKING HOMO, YOU FUCKING HOMOS)
I've looked but trash out shit around here....nothing that got me exited
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I use to own a 12,500 square foot gym. The employees that I thought where my friends, robbed my blind. Stole over 100K in 3 yrs. I had to sell it. Good thing I was buying the building it was in, because it was the sale of the real estate that saved my ass and paid off the gyms debt. Good lesson learned. Don't trust people with your money.
How did they steal your money? Product or not paying their share of trainer money?
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Maybe like a promotion where if they can press the Cyr Dumbbell they get 10% off the first month or something.
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It's tough paddling through getbig waters.... ::)
Honestly what did you expect? The people here that have gyms do it for the love of it....coach, hazbin, Tony Doherty--all very involved and accomplished with weight lifting/bodybuilding. You on the other hand......well, not so much :-\
The fitness industry is not the easiest place to make a quick buck. Good luck all the same
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Maybe like a promotion where if they can press the Cyr Dumbbell they get 10% off the first month or something.
For members attendants at the laundry will move their clothes to the dryer and fold and wrap their clothes for free so their workout isn't disturbed.
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Honestly what did you expect? The people here that have gyms do it for the love of it....coach, hazbin, Tony Doherty--all very involved and accomplished with weight lifting/bodybuilding. You on the other hand......well, not so much :-\
The fitness industry is not the easiest place to make a quick buck. Good luck all the same
It's about learning how to build a good product and being good at developing said product....nothing devious about it, and no such thing as a quick buck....at least I've never had that fortune.
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Equipment
Bench 3 flat, 2 incline 1 decline
Squat racks 2
Smith 1
Preacher 1 standing 1 sitting
I'd drop the standing preacher definitely, and the decline maybe, if this is going to be a mainstream gym. Find room for a good leg press, high/low pully, and someting like a hammer row.
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I'd drop the standing preacher definitely, and the decline maybe, if this is going to be a mainstream gym. Find room for a good leg press, high/low pully, and someting like a hammer row.
I have enough room for 15 hammer strength machines and 20 cable pull machines
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Good point....but 1 year free memberships should fix that
Plus I'm the note holder so there is no issue on shutdown...just assumption no lag time
jeeezus! That's why I hate most fn gym owners.
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Your either retarded or a gimmick or both.
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jeeezus! That's why I hate most fn gym owners.
I don't understand....what you find offensive?
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I don't understand....what you find offensive?
the selling year membership part. I'm trying hard not to judge but your obviously a trolling gimmick so I'll have fun w it.
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How did they steal your money? Product or not paying their share of trainer money?
Cash sales and products. I was letting the trainers train their clients there for free as long as both where members of the club. Too damn nice.
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Cash sales and products. I was letting the trainers train their clients there for free as long as both where members of the club. Too damn nice.
We use bar code computer system for behind the counter sales....and no friends or relatives work for any of our companies.
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We use bar code computer system for behind the counter sales....and no friends or relatives work for any of our companies.
So did I. The workers created a fake account and was able to put products and cash members down as paid on account, this way when they would Z out it would balance out. I allowed members to put stuff on their account and would bill them at the end of the month. When I did the sale the guy from the bank who was a computer expert found the account in the system. I knew it didn't add up, just couldn't find it.
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So did I. The workers created a fake account and was able to put products and cash members down as paid on account, this way when they would Z out it would balance out. I allowed members to put stuff on their account and would bill them at the end of the month. When I did the sale the guy from the bank who was a computer expert found the account in the system. I knew it didn't add up, just couldn't find it.
Did you prosecute?
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Did you prosecute?
No the three who did it moved out of town before I found out. It was a very hard lesson to learn, but it has helped me a lot in other dealings.
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No the three who did it moved out of town before I found out. It was a very hard lesson to learn, but it has helped me a lot in other dealings.
Too bad, I had an employee who stole we filed charges they got 3 years and we got restitution.
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set up, operating expenses, equipment and layout, sell-ability.....initial investment.
if you buy the equipment outright you're looking at 250-300k (there's options.. lease, lease to own, payment plans/finance, ect..) that's 15-20 treads, 15-20 elipitals and bikes.. a few rowers, db's up to 150 2pair each urethane coated, 'jungle gym' (cable crossover/pulldown/row stations ect..), 2-3 each of chest, back, shoulder, curl, dip machines, ect... squat/power rack. 2-3 of each handle/attachment vhandle/wide bar/ect... 3 flat bench, 1 incline, 1 decline, plus 3 flat benches, 2-3 adjustable benches.
places like http://www.usedgymequipment.com/ sell packages that range from $100k.. not sure if they include shipping, but if they don't you're looking at like $15k, plus you'll probably want to pay people to move the stuff and set it up (make sure you measure the footprint of each machine first, and tape off the area to see if you have room to move)
figure you'll need a manager (besides yourself), 2 people who can open, 2 people who can close and 1-2 people for the middle shifts.
we have 1 guy who does 5am-130/2pm, then 130-7pm, then I usually do 7pm-12am depending on when I have clients.
you'll want your manager there during peak hours 9am-6 or 7pm... put that fucker on salary if you can, along with incentives/bonus's for meeting sales goals both for his own sales and for club sales, and have a bonus program for your sales people... like a 1st and 2nd place. $300 and $100 bonus or $500/$200 bonus or something... or figure out your own commission structure.... hard to have a productive sales team that isn't incentive-based.
you'll want to be there damn near every day during busy times to see/hear what the members want/need.
profit wise, crossfit and group training is where the money is. with personal training, there's only so many hours during the day, so per trainer, if you're open 12hours a day, you can only bill 12 people for 1hour sessions (or 24 1/2hr sessions, or a mix.. you get the idea)... but with group training, it's virtually unlimited. you can have classes 12hours a day and bill 5-20people per class all day long... you get the idea.............. so it';s a good idea to have an area of about 500sq ft for group training (kettlebells, bands, medicine balls, battle ropes, trx, ect...)
umbrella insurance that covers the gym, staff, and traimners for 15k ft is about 1200 I believe.
power varies depending on where you are and how much AC/heat you run. figure $2k/month.
paper towels/toilet paper and cleaning supplies runs about $1k every couple months.
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if you buy the equipment outright you're looking at 250-300k (there's options.. lease, lease to own, payment plans/finance, ect..) that's 15-20 treads, 15-20 elipitals and bikes.. a few rowers, db's up to 150 2pair each urethane coated, 'jungle gym' (cable crossover/pulldown/row stations ect..), 2-3 each of chest, back, shoulder, curl, dip machines, ect... squat/power rack. 2-3 of each handle/attachment vhandle/wide bar/ect... 3 flat bench, 1 incline, 1 decline, plus 3 flat benches, 2-3 adjustable benches.
places like http://www.usedgymequipment.com/ sell packages that range from $100k.. not sure if they include shipping, but if they don't you're looking at like $15k, plus you'll probably want to pay people to move the stuff and set it up (make sure you measure the footprint of each machine first, and tape off the area to see if you have room to move)
figure you'll need a manager (besides yourself), 2 people who can open, 2 people who can close and 1-2 people for the middle shifts.
we have 1 guy who does 5am-130/2pm, then 130-7pm, then I usually do 7pm-12am depending on when I have clients.
you'll want your manager there during peak hours 9am-6 or 7pm... put that fucker on salary if you can, along with incentives/bonus's for meeting sales goals both for his own sales and for club sales, and have a bonus program for your sales people... like a 1st and 2nd place. $300 and $100 bonus or $500/$200 bonus or something... or figure out your own commission structure.... hard to have a productive sales team that isn't incentive-based.
you'll want to be there damn near every day during busy times to see/hear what the members want/need.
profit wise, crossfit and group training is where the money is. with personal training, there's only so many hours during the day, so per trainer, if you're open 12hours a day, you can only bill 12 people for 1hour sessions (or 24 1/2hr sessions, or a mix.. you get the idea)... but with group training, it's virtually unlimited. you can have classes 12hours a day and bill 5-20people per class all day long... you get the idea.............. so it';s a good idea to have an area of about 500sq ft for group training (kettlebells, bands, medicine balls, battle ropes, trx, ect...)
umbrella insurance that covers the gym, staff, and traimners for 15k ft is about 1200 I believe.
power varies depending on where you are and how much AC/heat you run. figure $2k/month.
paper towels/toilet paper and cleaning supplies runs about $1k every couple months.
Exactly what I was looking for....thank you, you're not in GA by chance ;D
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oh.. then you gotta figure your total montly expense (regular biz stuff I'm sure youre familiar with) and divide that by what you think your membership dues will be ($15, 20,25,30 per month, ect...) and try to cover your expenses with your membership remit/eft's... they extra stuff like day fee's of $10-15, 1 month memberships of $50, 3 month deals of $120, personal training income, plus POS/drink/protein drink/water/ect sales are all extra (the gravy lol)
find software for gym business.. there's a bunch. clubready, powermanagement, asf, ect... find one that also does collections and billing stuff to make it easier (they'll take a small percentage of each transaction they bill). clubready is redundant, powermanagement is super easy, but lacks features, and asf is redundant, but has a lot of features that usually have problems and will cause you to throw your POS out the window. lol.
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Exactly what I was looking for....thank you, you're not in GA by chance ;D
nope.. a little desert in SoCal... so our AC bill is brutal in the summers when it's 120degrees during the day and still 100degrees at midnight. lol.
if you're gonna make it work, it's possible to do it on a shoestring budget, if you're willing and able to shoulder a large portion of the workload.
figure 2000members at an average of $20/month will bring a remit of $40k each month, plus an extra $10-20k in the "extras" such as personal training sales (including classes like zumba, which brings in TONS of women who normally wouldn't set foot in a gym, and usually only come for zumba.. and yoga, which is usually a loss-leader) and rtd/water/protein bar/towel sales.
water has a huge profit margin. lol.. pay $.08 per bottle and charge $1.
oh... and there's cost for playing music as well.
we have a DMX service, which sucks, that also plays videos, which is around $240/month.
satellite radio for commercial settings is fucking brutal.. I believe our quote was north of $600/month.
there's even rules/laws about playing the radio if your business has over a certain # of sq ft and you have a certain # of daily visitors they make you pay licencing/royalty fees nearly as much as satellite radio.
you can always take the risk of hooking up a smart phone and playing Pandora or some other free service and cross your fingers you don't get caught. (there'a also Pandora for commercial applications, which is pricey as well.)
ideally... in my personal opinion, I'd rather have 1500 sq feet, $5k in kettlebells, medicine balls, and trx equipment, along with workout mats, a couple battle ropes, a rower, a spin bike, and a treadmill (doesn't even need to work.. make them push it! lol) and do nothing but bootcamps all day 7 days a week. charge $100/month and do the classes myself.
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nope.. a little desert in SoCal... so our AC bill is brutal in the summers when it's 120degrees during the day and still 100degrees at midnight. lol.
if you're gonna make it work, it's possible to do it on a shoestring budget, if you're willing and able to shoulder a large portion of the workload.
figure 2000members at an average of $20/month will bring a remit of $40k each month, plus an extra $10-20k in the "extras" such as personal training sales (including classes like zumba, which brings in TONS of women who normally wouldn't set foot in a gym, and usually only come for zumba.. and yoga, which is usually a loss-leader) and rtd/water/protein bar/towel sales.
water has a huge profit margin. lol.. pay $.08 per bottle and charge $1.
oh... and there's cost for playing music as well.
we have a DMX service, which sucks, that also plays videos, which is around $240/month.
satellite radio for commercial settings is fucking brutal.. I believe our quote was north of $600/month.
there's even rules/laws about playing the radio if your business has over a certain # of sq ft and you have a certain # of daily visitors they make you pay licencing/royalty fees nearly as much as satellite radio.
you can always take the risk of hooking up a smart phone and playing Pandora or some other free service and cross your fingers you don't get caught. (there'a also Pandora for commercial applications, which is pricey as well.)
ideally... in my personal opinion, I'd rather have 1500 sq feet, $5k in kettlebells, medicine balls, and trx equipment, along with workout mats, a couple battle ropes, a rower, a spin bike, and a treadmill (doesn't even need to work.. make them push it! lol) and do nothing but bootcamps all day 7 days a week. charge $100/month and do the classes myself.
I have 150k in cash for equipment and 50k for construction and my people are doing construction as well as my fabrication shop will build some custom stuff.
I have 5200 sq and I will be building a second deck for additional 2000 sq 26 ft ceiling here is the building
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Also the grassy area is a prepped pad for additional 4500 sq ft
41 parking spaces
two curb cuts, city utilities
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I have 150k in cash for equipment and 50k for construction and my people are doing construction as well as my fabrication shop will build some custom stuff.
I have 5200 sq and I will be building a second deck for additional 2000 sq 26 ft ceiling here is the building
should be able to equip 5200 ft with under 150k.
depends on what the demographic is in that area.. what people are looking for in that area, and what they'd be comfortable with.
it'd be great to have a hardcore TempleGym/MetroFlex/WestsideBarbell -type gym, but those cater to a niche market, and that market #1 is thin, and #2 doesn't have the cash to spend for higher dues, so you'll be lucky to break even in those types of gyms.
it's the trendy guys and gals, and older people, successful people, people who want to tell people they "go to the gym" because it's cool that are gonna stick around and pay their dues ontime each month and tell their friends (usually they have more friends willing to join than the hardcore guys).
try to get set up with Silver Sneakers or Silver and Fit in your area and market to old people who's insurance will pay for their memberships up to $30/month. pick up 200 old people and that's an e a s y $6k/month.
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Holy Crap ES!!!!
I am impressed!
Spot on 100%
You didn't miss a thing except for what we could break down into even smaller pieces.
My gym is in Central Cal and we use ASF. You are spot on about them too.
I don't know if you mentioned the "maintenance guy" or the janitorial, but you can get whoever you hire to open to do that, or have everyone do a little.
Also childcare... you have to pay the baby-sitter, but you can collect from the members.
Towel service, you can provide it for free or charge for it, depending on whether or not you pay an outside service to wash your shit.
Silver Sneakers is great, so are government programs with the recovery groups, BUT!!!!! You have to set the hours those clowns can come in otherwise you will run off your regulars. They are usually unruly tough guys, but they are manageable and the gov't may pay up to 3K a month for you to let them in for an hour 3 times a week. During those hours you have to have your own tough guy at the front counter. That is easy money, truly. It's all about respect. You demand their respect and you in turn give respect and speak to them respectfully.
The A/C bill kills in the summer months and you have to know that memberships are at their all-time lowest in the summer and during the Holidays. Right now the peak season is still trucking along. We did exceptionally well in Jan, Feb (surprising!!!) and we killed it in March! Just finished the numbers tonight.
Outside sales, "onsight" whatever you wanna call it, just hire someone on a commission base only. Someone who is GREAT with people. Doesn't always matter what they look like, it's how they are with others. It's surprising sometimes that the clean-cut guy does shitty, the hot chick does even worse, but the dude that looks like he could kill you puts money on the books.
The gym business is NEVER easy and there are NO promises. The exact OPPOSITE of the trucking industry. The wheels DO NOT keep rollin no matter what. Every once in a while you will get scared if you are the kind of person who worries a lot. You have to take each day as it comes.
Your morning could start off with 3 P.I.F's without you even breaking a sweat, and you could have a thousand dollar day... and then the next.. you are lucky to sell a water.
I dunno. I'm not goin' anywhere. It is what it is. Plan ahead for the shit months and U will be fine. ALWAYS ALWAYS ALWAYS get the EFT's... no "open-end" shit. Or the P.I.F's ~ those just make you feel good all over no matter what.
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Mainstream
Building shown below we purchased, 3 mile demos are middle income families 30 thousand households....looking to build, rev up sell in that order. Can expand the building by 4500 sq pad is prepped. 24+ foot ceiling can two tier inside as well at both ends.
It needs more windows to look 'mainstream'.
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me for over 21 years
www.probodies.ca
have been here great gym
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Good info gentlemen, keep it coming TY
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Online presence....facebook, twitter..instagram. Let people know why your different. They have a gym here in San Antonio..Joe's Gym. they advertise as a no bullshit, hardcore place to train and the guy does pretty good. He's in the middle of a bunch of box gyms but his place is always full. Its clean and the equipment isn't broken. Bring in trainers, sponsor meets, seminars etc. Make it matter to join yoiur place as opposed to your competition.
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Online presence....facebook, twitter..instagram. Let people know why your different. They have a gym here in San Antonio..Joe's Gym. they advertise as a no bullshit, hardcore place to train and the guy does pretty good. He's in the middle of a bunch of box gyms but his place is always full. Its clean and the equipment isn't broken. Bring in trainers, sponsor meets, seminars etc. Make it matter to join yoiur place as opposed to your competition.
I was at Fort Sam for over a year...love San Antone
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I would suggest to visit gyms in the area. Observe their strong/unique points and their weak ones as well. This information could be unvaluable, esp during your start up.
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Demographic and Income
1 - 3 miles 50K residents
avg income 57K per family
59% white 30% black
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Online presence....facebook, twitter..instagram. Let people know why your different. They have a gym here in San Antonio..Joe's Gym. they advertise as a no bullshit, hardcore place to train and the guy does pretty good. He's in the middle of a bunch of box gyms but his place is always full. Its clean and the equipment isn't broken. Bring in trainers, sponsor meets, seminars etc. Make it matter to join yoiur place as opposed to your competition.
That's how I do most of my marketing. Along with how to videos, blogs, articles, corporate partnerships, trade shows, etc
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That's how I do most of my marketing. Along with how to videos, blogs, articles, corporate partnerships, trade shows, etc
What's your Facebook address?
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Demographic and Income
1 - 3 miles 50K residents
avg income 57K per family
59% white 30% black
hmm... If it were me, I'd sell memberships at $20 a month. most will be able to afford that. pulling 30/mon plus an enrollment fee at that avg income (and only 59% white) will be harder.
20/mon is less than a dollar a day.
buy your 16oz waters and tiny shop towels at Costco and sell them for $1. contact a distributer for ABB and sell speedstacks maybe.. or if you can find preworkout single serving pouches at less than $2ea (retail) I'd go that way (I'm acutally developing a single serving preworkout with a pricepoint of $1.. should be done within the year. it's nice having wealthy clients to finance shit. lol)
with speedstack (abb), you're making like $.80 on a $3-4 product, whereas with water and a preworkout, you're making 85% and 50% respectively.
purepro50's are easy and sell well.. but there's other cheaper RTD's you can find elsewhere.
so long as the pricepoint is alright, people will buy because of the convenience (and they want to be seen drinking it.. peer pressure. lol)
look into laws reguarding trainers being either on payroll or 1099's... try to have the PT money come to you if possible, instead of collecting trainer rent from independants.
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What's your Facebook address?
I'll probably regret this, but...
https://www.facebook.com/mpftrainingsystems?ref=hl
I just hired a marketing firm to handle most of the online stuff last week. Had my website rebuilt, it's live now but still have to make adjustments, add pics, testimonials, etc.
The FB sponsored ads begin next week. We set a budget of $70.00 per day targeting within a 10mile radius along with a specific demographic. They put together a complete online marketing plan that includes Instagram, FB, Google +, Twitter, Youtube, Woobox, PPC and a our online training programs.
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This what I'm going to do when I retire...own a gym...so I'm interested in the thread. I hope Tedim makes an honest go of it.
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This what I'm going to do when I retire...own a gym...so I'm interested in the thread. I hope Tedim makes an honest go of it.
noooooooobody wants to work 12hr+ days when they're retired.
unless you build a gym like Westside or Metroflex and you can afford to lose about $4k/month, it's a bad idea to do when retired.
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I'll probably regret this, but...
https://www.facebook.com/mpftrainingsystems?ref=hl
I just hired a marketing firm to handle most of the online stuff last week. Had my website rebuilt, it's live now but still have to make adjustments, add pics, testimonials, etc.
The FB sponsored ads begin next week. We set a budget of $70.00 per day targeting within a 10mile radius along with a specific demographic. They put together a complete online marketing plan that includes Instagram, FB, Google +, Twitter, Youtube, Woobox, PPC and a our online training programs.
Looks good. On your facebook, set up some bogus accounts and write up some good shit about your place...Or have friends write up some nice shit. Make it look like a happening place.
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I'll probably regret this, but...
https://www.facebook.com/mpftrainingsystems?ref=hl
I just hired a marketing firm to handle most of the online stuff last week. Had my website rebuilt, it's live now but still have to make adjustments, add pics, testimonials, etc.
The FB sponsored ads begin next week. We set a budget of $70.00 per day targeting within a 10mile radius along with a specific demographic. They put together a complete online marketing plan that includes Instagram, FB, Google +, Twitter, Youtube, Woobox, PPC and a our online training programs.
Page looks sweet with good pictures, vids and the right likes like Elitefts, well done Joe.
Do many new clients refer to social media, when you ask them how they found you?
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The demographic in your area (apart from racial mix) almost exactly matches a new suburb my cousin has moved into.
The one gym in that area is booming and from speaking to her, it's pretty much the courses people are coming for.
They have a fairly standard equipment profile (cables are popular) but it's the zumba, cardio boxing, walking group, diet group etc etc that people are coming for according to her.
Daytime is downtime, but when the stay at homes come in to train - usually women. Don't forget some of those adductor/abductor machines!
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Page looks sweet with good pictures, vids and the right likes like Elitefts, well done Joe.
Do many new clients refer to social media, when you ask them how they found you?
I created the page about 3 years ago and probably averaged about 3-4 clients a month from it just posting content like you see. It was just today that the new marketing firm changed the header, added the Instagram and contact link. I was given specific instructions on what kind new content to post along with what they will add. It's always been that whatever I post is also linked to my personal FB page and my twitter. They also are in the process of redoing my YouTube with a custom page and separating my videos into sections (speed, instructional, gym videos, etc). My blog and Articles that I write for other online websites are also a big thing. I literally get emails from all over the country and other countries.
Between the bigger online presents and offline marketing and branding, we expect about an extra 20-30 leads per month. Not bad for a small private training gym. My Instagram is also linked to my twitter account.
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The demographic in your area (apart from racial mix) almost exactly matches a new suburb my cousin has moved into.
The one gym in that area is booming and from speaking to her, it's pretty much the courses people are coming for.
They have a fairly standard equipment profile (cables are popular) but it's the zumba, cardio boxing, walking group, diet group etc etc that people are coming for according to her.
Daytime is downtime, but when the stay at homes come in to train - usually women. Don't forget some of those adductor/abductor machines!
this is great advice
classes for the win
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noooooooobody wants to work 12hr+ days when they're retired.
unless you build a gym like Westside or Metroflex and you can afford to lose about $4k/month, it's a bad idea to do when retired.
Right again.
This is exactly what I'm doing and it isn't going to last without me finding trustworthy people... which is nearly impossible these days. Even if they are trustworthy, they may not be punctual, or their priorities may be a bit skewed.
The perfect employee (even if paid well) is nearly non-existent. Even if they are great, their has to be some monitoring.
Another thing that was not brought up was your alarm system. ADT required a large advance down-payment.
Camcorders... that's a whole other ballgame. Best thing to do is place them strategically, don't talk about them, and be able to monitor them from anywhere online.
So many little things to think of.
A good computer set up with software, printers, scanners, faxes, multiple phone lines, paper, ink... etc, etc.
Sticky pads, pens... it may not seem like much but it ads up especially when your pens keep disappearing to that member that constantly wants to "borrow" a pen and paper for a moment.
Customer appreciation days cost. Depends how much you do.
Some local businesses will donate, make trades, or help with full-blown BBQ's, music, car shows... it all depends what kind of members you have. Sometimes class demos work, but not always.
Forget about bodyfat testing. I've NEVER seen that work.
Become as friendly as possible with all surrounding businesses. You may need one of them just to constantly make change. You can't be running to the bank all the time and you can't be carrying a shitload of cash.
When all you have are $5's and $1's.... you're gonna get that customer that wants to pay his/her dues with $100 bill... and you better take it right then and there regardless of whether or not they are late. Take it whenever you can get it. Don't "waive" late charges unless it is TOTALLY legit (rarely)
Don't do "cancellations" on an EFT unless it's totally legit. Again, rarely.
Your customers will stomp the living shit out of you if you aren't a firm businessman... and yet respectful and nice. Sometimes the two don't go together when you get an ass at the counter that is locked into an EFT and decides somewhere along the line that they should only pay for the months they worked out.
The gym business... is not for everyone.
People walk in, but there's always something holding them back. A "walk-in" is NOT a slam-dunk... as much as you'd like it to be.
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noooooooobody wants to work 12hr+ days when they're retired.
unless you build a gym like Westside or Metroflex and you can afford to lose about $4k/month, it's a bad idea to do when retired.
It won't be the only thing I'm doing and I don't expect to get rich.....its just something I'm going to try. I "retire" in 3 years at 43, not 65.
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demo starts next week.....
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demo starts next week.....
(http://www.getbig.com/boards/index.php?action=dlattach;topic=528257.0;attach=561525)
"Taqueria?" You're gonna sell tacos in the gym!?
Never heard of that one before but it's crazy enough that it might just work!
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(http://www.getbig.com/boards/index.php?action=dlattach;topic=528257.0;attach=561525)
"Taqueria?" You're gonna sell tacos!?
Never heard of that one before but it's crazy enough that it might just work!
Its getting gutted.....thats the space, theres another 20 feet behind the back wall.
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Its getting gutted.....thats the space, theres another 20 feet behind the back wall.
Ah well at least consider keeping the "panaderia"...
A good Mexican cinnamon roll sounds delish for a post workout carbup. 8)
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Right again.
This is exactly what I'm doing and it isn't going to last without me finding trustworthy people... which is nearly impossible these days. Even if they are trustworthy, they may not be punctual, or their priorities may be a bit skewed.
The perfect employee (even if paid well) is nearly non-existent. Even if they are great, their has to be some monitoring.
Another thing that was not brought up was your alarm system. ADT required a large advance down-payment.
Camcorders... that's a whole other ballgame. Best thing to do is place them strategically, don't talk about them, and be able to monitor them from anywhere online.
So many little things to think of.
A good computer set up with software, printers, scanners, faxes, multiple phone lines, paper, ink... etc, etc.
Sticky pads, pens... it may not seem like much but it ads up especially when your pens keep disappearing to that member that constantly wants to "borrow" a pen and paper for a moment.
Customer appreciation days cost. Depends how much you do.
Some local businesses will donate, make trades, or help with full-blown BBQ's, music, car shows... it all depends what kind of members you have. Sometimes class demos work, but not always.
Forget about bodyfat testing. I've NEVER seen that work.
Become as friendly as possible with all surrounding businesses. You may need one of them just to constantly make change. You can't be running to the bank all the time and you can't be carrying a shitload of cash.
When all you have are $5's and $1's.... you're gonna get that customer that wants to pay his/her dues with $100 bill... and you better take it right then and there regardless of whether or not they are late. Take it whenever you can get it. Don't "waive" late charges unless it is TOTALLY legit (rarely)
Don't do "cancellations" on an EFT unless it's totally legit. Again, rarely.
Your customers will stomp the living shit out of you if you aren't a firm businessman... and yet respectful and nice. Sometimes the two don't go together when you get an ass at the counter that is locked into an EFT and decides somewhere along the line that they should only pay for the months they worked out.
The gym business... is not for everyone.
People walk in, but there's always something holding them back. A "walk-in" is NOT a slam-dunk... as much as you'd like it to be.
SPOT-ON.
The members WILL beat you down...turn the music UP, turn it DOWN, it's too COLD, ITS TOO WARM...
BE FIRM, THEY WILL RESPECT YOU.
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Gym name
GetFit
....marketing "Getfit without GoingBroke 19.99 per month no contract"....15K mailers will be sent @5K per month artwork getting done now. Target open by Oct 31st
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I bought my gym in 1992 of a lady whose business was called 'getfit enterprises'
what do you think of the business
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what do you think of the business
Are you in it for good, or do you want a quick flip? I know that you were looking for a flip originally, but maybe you can be a gym owner along with your other activities...
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Are you in it for good, or do you want a quick flip? I know that you were looking for a flip originally, but maybe you can be a gym owner along with your other activities...
I might have to be in for 50% for a while.....so might be an owner, would rather flip.
My long term goal is real property management/financial services....everything else sold off.
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Open question, would someone start a gym, based on a franchise concept?
I don't know the exact details yet, other than a general concept description, but the investment is 50,000 Euro (about 70 grand).
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rented the gym space to Mexican Restaurant (couldn't resist the $$$) and building the Coin Laundry....will be adding additional 4200 sq ft at the end of center for a total of 12,000 sq ft.
Ends this tread for now
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Signs up equipments in....30-45 days to open.
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Signs up equipments in....30-45 days to open.
Wtf is this shit?
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Wtf is this shit?
need more pictures?
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my crossfit trainers
so that's what happened to karl moerke.... ::) ::) ::) ::) ::) ::) ::)
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throw in a bunch of treadmills and bikes and call it 'Lean and Clean'!!
what else is someone gonna do while waiting for their clothes to dry??
That's actually not bad ;D