Author Topic: Gym Fees - what would you pay a year?  (Read 16687 times)

slacker

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Re: GYM FEES
« Reply #75 on: January 26, 2010, 10:48:00 PM »
first of all I was asking what should I offer.  The tanning would be part of a premium package there by paying for itself inclusively.   I am well aware of what it takes to run a tanning salon as my fiancée had one when we met and this will her her project.  Before you ask she sold it because it was in a different town.    Did I say anywhere how I was relying on this to make money. Did I once say I expected to get rich off of this endeavour.  If it fails I wont be out much.  I own the building and I will keep at least 50% of the equipment.    Most equipment will be leased or bought previously enjoyed I make a good living and if I get to own my own gym and enjoy the adventure then itll be worth it either way
I

MuscleMcMannus

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Re: GYM FEES
« Reply #76 on: January 26, 2010, 10:52:09 PM »
first of all I was asking what should I offer.  The tanning would be part of a premium package there by paying for itself inclusively.   I am well aware of what it takes to run a tanning salon as my fiancée had one when we met and this will her her project.  Before you ask she sold it because it was in a different town.    Did I say anywhere how I was relying on this to make money. Did I once say I expected to get rich off of this endeavour.  If it fails I wont be out much.  I own the building and I will keep at least 50% of the equipment.    Most equipment will be leased or bought previously enjoyed I make a good living and if I get to own my own gym and enjoy the adventure then itll be worth it either way

So have you ran the numbers?  You say you only have 600 members.  What do you plan on charging them per month for membership fees?  How does asking getbig members what they pay have any bearing on what you should pay?  Makes absolutely no sense.  Your costs are going to be completely different and unique to your own situation?  Do you have a business plan?  Who wants to tan at the gym anyways?  You're all sweaty afterwards and it's it makes you feel like shit if you do it before tanning.  So tanning salon would be a major drain on your profit.  I think you should stick to construction tough guy.  Leave the real businesses to the experts LOL :)

slacker

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Re: GYM FEES
« Reply #77 on: January 26, 2010, 10:53:23 PM »
So have you ran the numbers?  You say you only have 600 members.  What do you plan on charging them per month for membership fees?  How does asking getbig members what they pay have any bearing on what you should pay?  Makes absolutely no sense.  Your costs are going to be completely different and unique to your own situation?  Do you have a business plan?  Who wants to tan at the gym anyways?  You're all sweaty afterwards and it's it makes you feel like shit if you do it before tanning.  So tanning salon would be a major drain on your profit.  I think you should stick to construction tough guy.  Leave the real businesses to the experts LOL :)
So tell me what do you do
I

MuscleMcMannus

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Re: GYM FEES
« Reply #78 on: January 26, 2010, 10:54:49 PM »
So tell me what do you do

Ask around.  Everyone knows what I do.   ;D

slacker

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Re: GYM FEES
« Reply #79 on: January 26, 2010, 11:00:24 PM »
Ask around.  Everyone knows what I do.   ;D
affraid to tell me  I dont feel the need to ask anyone about you
I

MuscleMcMannus

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Re: GYM FEES
« Reply #80 on: January 26, 2010, 11:05:12 PM »
Fuck your so stupid.  600 is the amount of members wanting to join this is without any advertising or promotion.  I expect to have 1200 members by the end of year three   At 450 per year and 600 for the premium package The projected income is between 270g and 350g This is without extras ie. tanning from non members and supplement sales.  Cost of running the business on a worse case scenario is 10g per month. This includes insurance ...utilities and cost of advertising.    If you think I havent done my homework then your a DUMB N I G G E R

10g's a month?  BWAAAAAHAAAAAAA it's going to cost way more than that a month.  You are clueless.  My wife and I are in the process of opening up a bar.  I know what it takes to write a business plan and the realities of opening up a business.

slacker

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Re: GYM FEES
« Reply #81 on: January 26, 2010, 11:10:30 PM »
why would it cost more than 10g a month  please explain
I

no one

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Re: GYM FEES
« Reply #82 on: January 26, 2010, 11:20:37 PM »


ahahahahahahaha

this 'slacker' guy is a real beaut!

a millionaire, and makes enough to write off any expense he occurs!

ahahahahahahaha

omg




bwahahahahahahahahahaha
b

slacker

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Re: GYM FEES
« Reply #83 on: January 26, 2010, 11:33:09 PM »

ahahahahahahaha

this 'slacker' guy is a real beaut!

a millionaire, and makes enough to write off any expense he occurs!

ahahahahahahaha

omg




bwahahahahahahahahahaha
translation   Im a loser and want to be like slacker
I

noworries

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Re: GYM FEES
« Reply #84 on: January 26, 2010, 11:38:58 PM »
translation   Im a loser and want to be like slacker

Slacker, why are you afraid to post your name or photo.  Someone of your stature (which is similar to Goodrum's) would surely like everyone to know who he is.  I don't get you.  You brag about all this you have yet your are either afraid or ashamed of your name and appearance.  Can you explain this.  yet in another thread you said your are all over YouTube and you are going to the Arnold with your name on your shirt.  Can you please make it easy for all of us and maybe put in columns "the bullshit" and "the truth".  thanks
No Worries 4 me

pellius

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Re: GYM FEES
« Reply #85 on: January 27, 2010, 12:18:59 AM »
I have some friends from my old gym that are trainers and have offered  their services to me.  They will eventually be paying me 10 bucks per hour of training.   And I live in a good town with decent kids and I own a convenience store and they all come in there at lunch and we have never had a problem.   Also as a ex cop I have alot of friends who work at our local PD and they will workout for free in lieu of payment they will be security on a part time basis

So, you were a millionaire at 25 and still became a cop. You're awesome! How do you fit being a competitive MMA fighter in all this? BTW, I' still waiting for your pics as you promised.

pellius

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Re: GYM FEES
« Reply #86 on: January 27, 2010, 01:55:38 AM »
Slacker.

What are your monthly costs..............

How much is lease rent (or mortgage payment)
Workmans comp and medical insurance
insurance
security
equipment lease payment (plus minimal of 10% cash down)
telephone
cable
cleaning
loan payment (?)
interest on loan
group fitness instructors
personal trainers
general staff including hourly and salary
COG
computers
membership software and fees
printing
postage
internet
advertising and marketing costs
maintenance
taxes
electrical
water
sewage
gas
and a few other monthly costs


Other costs........

If leasing you need first and last month lease payment
Is the landlord (if leasing) giving you any TI $'s
Build-out cost including ff&e (HVAC, rough plumbing & electrical, locker rooms, amenities, showers, toilets and stalls, archeticural drawings, permits, materials, security, insulation, fire system, juice bar, front reception

These are just a few to think about.  get a spread sheet going and do a five year Projection with income and expenses.

this will really lay it out for you on what you can do.  You need more ancillary profit centers.  You can't count on membership only. Tanning beds should not be free.  They are an expense that you are making a monthly payment on if you are leasing them.  That comes out of your bottom line.  If someone wants to use it they will pay.  Having free tanning will NOT bring in members.  Make it so they see a value in it and are willing to pay.  You want your members to spend money in your gym.  Don't let them train there and then go to GNC and buy supplements or buy online.  If the price is good they will buy from you.  Get the best price you can from the supp company(s) you are dealing with.  Get them to give you freebies for promotions.  Have them sponsor your t-shirts and then you can get them for free or very little.


Some things to chew on


Amazing how anybody can open a business.

pellius

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Re: GYM FEES
« Reply #87 on: January 27, 2010, 01:57:29 AM »
i own a 16000 sq ft gym. 2000 members. had it since 1992.   lot of stress, even if you do every thing perfect 2 percent of members will always bitch.'

wasn't being an idiot, i have other businesses that are way less work and make way more money.

sorry, i thought you wanted input.

What other businesses do you operate? And how do you find the time if a gym is so labor intensive?

stormshadow

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Re: GYM FEES
« Reply #88 on: January 27, 2010, 02:30:36 AM »
Well heres the difference between me and most of the slaves here on GETBIG if I lose money Ill still have plenty to survive. Its amazing how you all work out  you all buy supplements and yet none of you think a gym will be successful.  let me lay it out for you.

I own the building
I have enough money to support this business until it starts to produce residual income.
If it fails  OH WELL atleast ill have one hell of a home gym
And I have done my research I know my demographic
I wasnt asking any of you fucking ass clowns IF I SHOULD DO IT
I simply asked what you pay and what are some things you would like to see
 

You own the building?  Not for long...

"Yo bros, I'm gonna open a gym, I need ideas"

Fucking Dumbass...

Why don't you stick to sucking cock for money... "Packer" Lol


stormshadow

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Re: GYM FEES
« Reply #89 on: January 27, 2010, 02:35:36 AM »
So have you ran the numbers?  You say you only have 600 members.  What do you plan on charging them per month for membership fees?  How does asking getbig members what they pay have any bearing on what you should pay?  Makes absolutely no sense.  Your costs are going to be completely different and unique to your own situation?  Do you have a business plan?  Who wants to tan at the gym anyways?  You're all sweaty afterwards and it's it makes you feel like shit if you do it before tanning.  So tanning salon would be a major drain on your profit.  I think you should stick to construction tough guy.  Leave the real businesses to the experts LOL :)

Good points MM... I love these stupid ass cocksuckers like the fudge "SlackerPacker" that post on Getbig.  It keeps things entertaining...

Hulkotron

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Re: GYM FEES
« Reply #90 on: January 27, 2010, 05:25:12 AM »
Fuck your so stupid.  600 is the amount of members wanting to join this is without any advertising or promotion.  I expect to have 1200 members by the end of year three   At 450 per year and 600 for the premium package The projected income is between 270g and 350g This is without extras ie. tanning from non members and supplement sales.  Cost of running the business on a worse case scenario is 10g per month. This includes insurance ...utilities and cost of advertising.    If you think I havent done my homework then your a DUMB N I G G E R

Here is a business pro-tip: income does not equal revenue.  But since you are a millionaire business owner you probably knew that already :D

Marty Champions

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Re: GYM FEES
« Reply #91 on: January 27, 2010, 05:42:44 AM »
open up a strip club if you can?, add in some slot machines?, cigarette machines, youd be shitten pretty

A

Mr Nobody

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Re: GYM FEES
« Reply #92 on: January 27, 2010, 06:20:36 AM »
open up a strip club if you can?, add in some slot machines?, cigarette machines, youd be shitten pretty


addictions always make money whether the stock market or a business...mofos cant give them up

CT_Muscle

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Re: GYM FEES
« Reply #93 on: January 27, 2010, 07:15:12 AM »
Because dude you are offering free tanning?  Juice bars?  And other shit that no other gyms offer for a variety of reasons.  Don't you think the major franchises would have figure out if those things were profitable by now and offer them?  They aren't that's why.  If you are serving food i.e. juicebar with protein shakes there are a whole host of concerns, licenses and overhead that go along with that.  Also do you know what it takes to run a tanning salon?  You have to be inspected by the health department, and there are a whole host of things that can go wrong with that as well.  You're clueless.  If you want to waste money go to Vegas. 

Funny thing is my gym offers free tanning and has a juice bar and does extremely well. They also have child care and the rates are 25$ a month.

http://www.theedgefitnessclubs.com/edge/

newmom

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Re: GYM FEES
« Reply #94 on: January 27, 2010, 07:21:19 AM »
wow child care on weekends NICEEEEEEEEEEEEEEEEEEEEE E..

I forget CT muscle your on the other end of the state than I

CT_Muscle

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Re: GYM FEES
« Reply #95 on: January 27, 2010, 07:23:13 AM »
wow child care on weekends NICEEEEEEEEEEEEEEEEEEEEE E..

I forget CT muscle your on the other end of the state than I

oh really? what area, by the casino's?

noworries

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Re: GYM FEES
« Reply #96 on: January 27, 2010, 07:28:44 AM »
Fuck your so stupid.  600 is the amount of members wanting to join this is without any advertising or promotion.  I expect to have 1200 members by the end of year three   At 450 per year and 600 for the premium package The projected income is between 270g and 350g This is without extras ie. tanning from non members and supplement sales.  Cost of running the business on a worse case scenario is 10g per month. This includes insurance ...utilities and cost of advertising.    If you think I havent done my homework then your a DUMB N I G G E R

You are so far off.  But, it looks like you are too stupid to see it.  If you think your costs are going to be this low then you have idea or belong in this business.  You might have done your homework but you got a huge "F" on your trest anyway.  You must have Goodrum as a partner.  How many sq. ft is this gym?  Yopu might get way with cost of $10,000 a month if it is under 5,000 sq. ft.  But you will also not get the membership base.  And to prove how fucking moronic and stupid you are.  You say you have 600 people wanting to join.  Do you have a signed contract and their money in the bank.  Of course you don't.  So you are basing what people tell you.  Hell make it 601 I will join.  You are too stupid to own a gym.  Start one of those 1000 sq ft gym Goodrum was doing. 
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newmom

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Re: GYM FEES
« Reply #97 on: January 27, 2010, 07:39:04 AM »
oh really? what area, by the casino's?

yea I'm in the Groton/Mystic area and you

CT_Muscle

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Re: GYM FEES
« Reply #98 on: January 27, 2010, 08:36:57 AM »
yea I'm in the Groton/Mystic area and you

Fairfield

slacker

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Re: GYM FEES
« Reply #99 on: January 27, 2010, 08:47:36 AM »
You are so far off.  But, it looks like you are too stupid to see it.  If you think your costs are going to be this low then you have idea or belong in this business.  You might have done your homework but you got a huge "F" on your trest anyway.  You must have Goodrum as a partner.  How many sq. ft is this gym?  Yopu might get way with cost of $10,000 a month if it is under 5,000 sq. ft.  But you will also not get the membership base.  And to prove how fucking moronic and stupid you are.  You say you have 600 people wanting to join.  Do you have a signed contract and their money in the bank.  Of course you don't.  So you are basing what people tell you.  Hell make it 601 I will join.  You are too stupid to own a gym.  Start one of those 1000 sq ft gym Goodrum was doing. 
you still didnt explain why its going to cost more than 10g a month.   
I