Gym Fees - what would you pay a year?

[hazbin]

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

not hi'jacking the thread, just answering this question.

real estate revenue properties and re- development are the main. i am also minor share holder in a couple of incredible companies.

through the 90's i busted my ass as many hours as possible running the gym. after 10 straight years it was at a point where i could let it run with employees. it is not as profitable now as then, but takes little effort on my part so it's a great trade-off.  some residual income vs. more linear created income.

slacker , dont be so angry with noworries, he has probably studied the health club industry more than any of us and all his points are legit and should be considered.

[El Diablo Blanco]

I dont think we will offer showers. Most likely a change room with toilets.     The building was previously a dance studio so there are existing showers and toilets. If anyone has anything helpful I am willing and interested in hearing it.

Without showers where will all of the naked old men hang out?

[MuscleMcMannus]

I dont think we will offer showers. Most likely a change room with toilets.     The building was previously a dance studio so there are existing showers and toilets. If anyone has anything helpful I am willing and interested in hearing it.

You're going to offer free tanning and juice bar but no showers in the locker room?  I think showers especially coin operated ones would be a GREAT IDEA!    

Dude seriously, you're going to blow so much disposable income on this money pit.  If you already OWN the building why not just open up a private gym for friends and family?  Throw some used machines in there and a few pieces of cardio...........hell you could have a huge indoor area where you can do some strongman type shit.  That's what I think would be a really cool trend in gyms.  I could imagine a huge fenced in outdoor area where guys go to do strongman stuff like log lifting, tire rolls etc.  I would belong to a gym like that in a heart beat.  But seriously, if you own the buiding why go to the trouble of making it a public gym?  Makes no sense.

[slacker]

You're going to offer free tanning and juice bar but no showers in the locker room?  I think showers especially coin operated ones would be a GREAT IDEA!    

Dude seriously, you're going to blow so much disposable income on this money pit.  If you already OWN the building why not just open up a private gym for friends and family?  Throw some used machines in there and a few pieces of cardio...........hell you could have a huge indoor area where you can do some strongman type shit.  That's what I think would be a really cool trend in gyms.  I could imagine a huge fenced in outdoor area where guys go to do strongman stuff like log lifting, tire rolls etc.  I would belong to a gym like that in a heart beat.  But seriously, if you own the buiding why go to the trouble of making it a public gym?  Makes no sense.

You have to understand something I WANT A GYM.   I own the building. It has been empty for over 18 months.   I didnt say I was going to have a free juice bar or free tanning.   IT WOULD REQUIRE A PURCHASE OF A PREMIUM MEMBERSHIP. And I said I would serve beverages ie juice water energy drinks etc etc... for a fee    I can run this business for 10g a month and I know I can.   My wife to be my mother in law and sister in laws will be the only employees.   I am offering free member ships to the local PD/FD which will in turn be free in house security.   I may be open 24 hours a day depending on insurance. I am still waiting for the quote on the increased premium. Since this wasnt part of my initial plan.  

I think you need to read the entire thread and maybe pay attention this time.  

MY TOWN NEEDS A GYM
THERE IS NO GYM WITHIN 28KM POPULATION WITHIN 12 KM IS 100G
THERE ARE OVER 2000 HIGHSCHOOL STUDENTS AND THIS IS A FOOTBALL/HOCKEY TOWN
I OWN A 7500SQ FOOT BUILDING PREVIOUSLY A DANCE STUDIO EQUIPT WITH BATHROOMS AND CHANGE ROOMS. MAY/MAY NOT INSTALL SHOWERS
I CAN RUN THIS FOR UNDER 10G A MONTH
WITH ONLY 250 CLIENTS INCOME IS 15G WITHOUT EXTRAS IE.SUPPS/TANS/BEVERAGES/SNACKS
I AM  HOPING TO HAVE 1000 CLIENTS IN 5 YEARS WHICH IS 60G A MONTH IN INCOME WITH MOST LIKELY HIGHER OPERATING COST
I AM NOT OPENING THIS FOR A OVER NIGHT PROFIT
I live in this town and my family lives in this town. My kids will be going to school here one day and I think itll be best for them to have these facilities at their disposal.   Imagine what it would have been like for you to have grown up with your parents owning a gym.
And like hazbin has said once your up and going it runs itself with very little required time from him.  
I dont take chances I take calculated risk.  And this is a good investment.  
Please try to understand I have another full time business which supports me and my family very well.
I fiqure Ill set this up before I have children at home to deal with.

[MuscleMcMannus]

You have to understand something I WANT A GYM.   I own the building. It has been empty for over 18 months.   I didnt say I was going to have a free juice bar or free tanning.   IT WOULD REQUIRE A PURCHASE OF A PREMIUM MEMBERSHIP. And I said I would serve beverages ie juice water energy drinks etc etc... for a fee    I can run this business for 10g a month and I know I can.   My wife to be my mother in law and sister in laws will be the only employees.   I am offering free member ships to the local PD/FD which will in turn be free in house security.   I may be open 24 hours a day depending on insurance. I am still waiting for the quote on the increased premium. Since this wasnt part of my initial plan.  

I think you need to read the entire thread and maybe pay attention this time.  

MY TOWN NEEDS A GYM
THERE IS NO GYM WITHIN 28KM POPULATION WITHIN 12 KM IS 100G
THERE ARE OVER 2000 HIGHSCHOOL STUDENTS AND THIS IS A FOOTBALL/HOCKEY TOWN
I OWN A 7500SQ FOOT BUILDING PREVIOUSLY A DANCE STUDIO EQUIPT WITH BATHROOMS AND CHANGE ROOMS. MAY/MAY NOT INSTALL SHOWERS
I CAN RUN THIS FOR UNDER 10G A MONTH
WITH ONLY 250 CLIENTS INCOME IS 15G WITHOUT EXTRAS IE.SUPPS/TANS/BEVERAGES/SNACKS
I AM  HOPING TO HAVE 1000 CLIENTS IN 5 YEARS WHICH IS 60G A MONTH IN INCOME WITH MOST LIKELY HIGHER OPERATING COST
I AM NOT OPENING THIS FOR A OVER NIGHT PROFIT
I live in this town and my family lives in this town. My kids will be going to school here one day and I think itll be best for them to have these facilities at their disposal.   Imagine what it would have been like for you to have grown up with your parents owning a gym.
And like hazbin has said once your up and going it runs itself with very little required time from him.  
I dont take chances I take calculated risk.  And this is a good investment.  
Please try to understand I have another full time business which supports me and my family very well.
I fiqure Ill set this up before I have children at home to deal with.

Yeah maybe your right.  Post some pics of this place.  Are your wife, mother in law and sisters in law smoking hot?  Because if they aren't it will definitely drag on your business.  Also if your wife is going to be working there regularly and you're going to fill the place up with cops and figherfighters chances are pretty high she'll end up fucking one or two.

[regmac]

I train at work. Since i work in a police dept, we have a great bodybuilding style gym. My apt has a nice plan B alternative if I cannot make it. But when I get bored working out at work or home I go to Black Diamond in Central L. A.. Its 20 bucks a month nothing more nothing less,,,no contract. The equipment is shitty  but its a cool enviroment to train.

[El Diablo Blanco]

You have to understand something I WANT A GYM.   I own the building. It has been empty for over 18 months.   I didnt say I was going to have a free juice bar or free tanning.   IT WOULD REQUIRE A PURCHASE OF A PREMIUM MEMBERSHIP. And I said I would serve beverages ie juice water energy drinks etc etc... for a fee    I can run this business for 10g a month and I know I can.   My wife to be my mother in law and sister in laws will be the only employees.   I am offering free member ships to the local PD/FD which will in turn be free in house security.   I may be open 24 hours a day depending on insurance. I am still waiting for the quote on the increased premium. Since this wasnt part of my initial plan.  

I think you need to read the entire thread and maybe pay attention this time.  

MY TOWN NEEDS A GYM
THERE IS NO GYM WITHIN 28KM POPULATION WITHIN 12 KM IS 100G
THERE ARE OVER 2000 HIGHSCHOOL STUDENTS AND THIS IS A FOOTBALL/HOCKEY TOWN
I OWN A 7500SQ FOOT BUILDING PREVIOUSLY A DANCE STUDIO EQUIPT WITH BATHROOMS AND CHANGE ROOMS. MAY/MAY NOT INSTALL SHOWERS
I CAN RUN THIS FOR UNDER 10G A MONTH
WITH ONLY 250 CLIENTS INCOME IS 15G WITHOUT EXTRAS IE.SUPPS/TANS/BEVERAGES/SNACKS
I AM  HOPING TO HAVE 1000 CLIENTS IN 5 YEARS WHICH IS 60G A MONTH IN INCOME WITH MOST LIKELY HIGHER OPERATING COST
I AM NOT OPENING THIS FOR A OVER NIGHT PROFIT
I live in this town and my family lives in this town. My kids will be going to school here one day and I think itll be best for them to have these facilities at their disposal.   Imagine what it would have been like for you to have grown up with your parents owning a gym.
And like hazbin has said once your up and going it runs itself with very little required time from him.  
I dont take chances I take calculated risk.  And this is a good investment.  
Please try to understand I have another full time business which supports me and my family very well.
I fiqure Ill set this up before I have children at home to deal with.

So $60000/1000 is $60 per month.  You honestly think highschool kids are going to pay that much, yet the people that actually make money like cops and firemen will get in free?  WOW! 

Have you considered any contingencies?  At the LA Fitness I go to there is always one or two machines on the fritz, so that is a repair charge.  Maintenance of the place, cleaning up after dirty foul fuckers at the gym.

Your real money will be from selling steroids to the highschool kids. 

[slacker]

Yeah maybe your right.  Post some pics of this place.  Are your wife, mother in law and sisters in law smoking hot?  Because if they aren't it will definitely drag on your business.  Also if your wife is going to be working there regularly and you're going to fill the place up with cops and figherfighters chances are pretty high she'll end up fucking one or two.

Yeah they are all hot.   Im not worried about her screwing around. Shes not a whore like the woman you sound use to.  
I am flattered that you are so concerned for me and my money.   There has been only one person who has been supportive though this whole thread and when I get it set up I am going to invite them to come to my town for a weekend on me.   Then they can take all the pics they want and show the circus aka GETBIG how I roll

[odilly]

congrats hazbin you just won a free trip to moosejaw saskatchewan

[slacker]

you guys are right. I never should have asked for any ones opinion here. How the fuck would anyone here know what it takes with the exception of hazbin.  to own and or operate a gym.   You guys dont even workout.  

I am not naive I know what it takes to run a business and I also know what can go wrong.  

[newmom]

Slacker, do what you have to do and want to..I commend you for doing so..Good Luck

[El Diablo Blanco]

you guys are right. I never should have asked for any ones opinion here. How the fuck would anyone here know what it takes with the exception of hazbin.  to own and or operate a gym.   You #### dont even workout.  

I am not naive I know what it takes to run a business and I also know what can go wrong.  

You #####  don't #### ####### ############ ##### ##### #### and #### even ##### try #####.

Good luck and hope your gym does work out.  No pun intended.

[slacker]

thank you

[odilly]

now everyone is being nice to try and get a free trip to moosejaw, i say slacker makes a contest out of this...

[slacker]

now everyone is being nice to try and get a free trip to moosejaw, i say slacker makes a contest out of this...

classic.   I think ill bring hazbin and he could educate me and critique my gym

[noworries]

If your so smart fuck face you would know these answers because you would have read the entire thread.   Then you wouldn't be asking me stupid questions.  A smart business man would have done this to ensure their response was both inteligent and articulated in direct and helpful manner

hahahaah if you were 1/10 as successful as you are trying to bullshit your way threw you wouldn't be on here trying to get answers.  I know one thing you are doing this on your own cause your ignorance is dangerous for any partner you may have.  I am pretty sure you will come back and say how rich you are and you don't need any partner.  But in fact not one person would come close to opening a gym you.  I find it funny how you count a paper route as being a successful business you built.  You way to fucking stupid.  I give you zero chance of ever opening.  But it was fun exposing your lies and bullshit and your delusion.  Now, get back to being super rich.

[slacker]

hahahaah if you were 1/10 as successful as you are trying to bullshit your way threw you wouldn't be on here trying to get answers.  I know one thing you are doing this on your own cause your ignorance is dangerous for any partner you may have.  I am pretty sure you will come back and say how rich you are and you don't need any partner.  But in fact not one person would come close to opening a gym you.  I find it funny how you count a paper route as being a successful business you built.  You way to fucking stupid.  I give you zero chance of ever opening.  But it was fun exposing your lies and bullshit and your delusion.  Now, get back to being super rich.

wow is English your second language that was really hard to decipher but thanks for your support. 

[ARMZ]

everybody and their mothers want to start a gym now..  i hear it at least 10 times a day..  there's more to owning a gym than having a building and buying some equipment..

[odilly]

you should hire avesher as your front desk guy i am sure he would do the short move plus if he has internet acces he could play poker and post here...he did say he needed another job

[noworries]

You have to understand something I WANT A GYM.   I own the building. It has been empty for over 18 months.   I didnt say I was going to have a free juice bar or free tanning.   IT WOULD REQUIRE A PURCHASE OF A PREMIUM MEMBERSHIP. And I said I would serve beverages ie juice water energy drinks etc etc... for a fee    I can run this business for 10g a month and I know I can  YOU ARE STUPID!.   My wife to be my mother in law and sister in laws will be the only employees NOT FOR LONG.  SO YOU ARE SAYING YOU ARTE ONLY HAVING ONE EMPLOYEE WORKING EACH SHIFT.  WHAT HAPPENS WHEN PEOPLE COME IN FOR THE FIRST TIME AND WANT A TOUR AND HAVE QUESTIONS.  THEN SOMEONE NEEDS TO BUY A DRINK AND THEN 4 PEOPLE COME AND NEED TO CHECK IN AND A GUY JUST CAME OVER AND TOLD YOU THE TOILET IS FLOWING OVER.  DO YOU THINK ONE PERSON CAN HANDLE ALL THIS.  AND IF YOU DON'T THINK IT WON'T HAPPEN SHOWS YOUR STUPIDITY.   I am offering free member ships to the local PD/FD which will in turn be free in house security SO THEY WILL BE THERE 24 HOURS A DAY.  YOU ARE FOOLING YOURSELF.   I may be open 24 hours a day depending on insurance.  I am still waiting for the quote on the increased premium. Since this wasnt part of my initial plan.   YOU HAVE NO PLAN

I think you need to read the entire thread and maybe pay attention this time.  

MY TOWN NEEDS A GYM  MAYBE THERE IS A REASON WHY THERE ISN'T ONE.  BUT MAYBE THEY HAVE BEEN WAITING FOR SOMEONE SMART LIKE YOU TO OPEN ONE.
THERE IS NO GYM WITHIN 28KM POPULATION WITHIN 12 KM IS 100G   HOW MANY OF THESE GO TO THE GYM NOW.  
THERE ARE OVER 2000 HIGHSCHOOL STUDENTS AND THIS IS A FOOTBALL/HOCKEY TOWN   WELL YOU CAN'T CHARGE THE KIDS A PREMIUM PRICE SO THERE GOES SOME OFF YOUR NUMBERS
I OWN A 7500SQ FOOT BUILDING PREVIOUSLY A DANCE STUDIO EQUIPT WITH BATHROOMS AND CHANGE ROOMS. MAY/MAY NOT INSTALL SHOWERS  DEPENDING ON THE CODE YOU MAY HAVE TO ADD SOME TOILETS AND STALLS.  SORRY TO BURST YOUR BUBBLE.  HOW ABOUT LOCKERS WHERE ARE THEY GOING TO KEEP THEIR STUFF.  NO SHOWERS WILL MEAN NOT MANY PEOPLE GOING TO YOUR GYM IN THE MORNING BEFORE WORK.  STUPID MOVE.  BUT THEN AGAIN IT FITS YOUR M.O.
I CAN RUN THIS FOR UNDER 10G A MONTH NO YOU CAN'T AND YOU ARE STILL STUPID UNLESS YOU ARE NOT HAVING EQUIPMENT
WITH ONLY 250 CLIENTS INCOME IS 15G WITHOUT EXTRAS IE.SUPPS/TANS/BEVERAGES/SNACKS ALOT OF PEOPLE DO NOT LIKE PAYING MONTHLY THEY WILL WANT TO PAY EVERYTHING UP FRONT.  DO COUPLES GET A DISCOUNT OR A FAMILY.  HOW ABOUT CORPORATE RATES.  YOUR AVERAGE YOU HAVE IS $60.  GENERALLY 30% TO 50% AT THE LEAST WILL BE MONTHLY MEANING THE REST WILL INSIST ON PAYING IN FULL.  
I AM  HOPING TO HAVE 1000 CLIENTS IN 5 YEARS WHICH IS 60G A MONTH IN INCOME WITH MOST LIKELY HIGHER OPERATING COST  
I AM NOT OPENING THIS FOR A OVER NIGHT PROFIT  THIS IS THE ONLY SMART THING YOU SAID
I live in this town and my family lives in this town. My kids will be going to school here one day and I think itll be best for them to have these facilities at their disposal.   Imagine what it would have been like for you to have grown up with your parents owning a gym.  I LIKED THE GYM I WENT TO.  IT WAS GREAT
And like hazbin has said once your up and going it runs itself with very little required time from him.  BUT, HE HAS EMPLOYEES.  YOU SAID YOU WILL BE WORKING.  SO IF YOU WON'T BE THERE THEN YOU WILL BE PAYING FOR IT.  DO YOU THINK HE LEAVES HIS GYM EMPTY.  AGAIN............FORGET
I dont take chances I take calculated risk.  And this is a good investment.   WELL HATE TO TELL YOU BUT YOU HAVE NOT CALCULATED ANYTHING
Please try to understand I have another full time business which supports me and my family very well.  GOOD DON'T QUIT YOUR DAY JOB.
I fiqure Ill set this up before I have children at home to deal with.  

[noworries]

Thank you.  I don't need to prove anything to these clowns.  It justs blows my mind that there are so many haters. I mean why would you want to bash on someones idea.   I could honestly open this gym for free and not go broke.   I have always wanted a really amazing home gym and I was looking into equipment and just getting a couple of treadmills or ellipticals  was going to be over 10g.After looking it to all th free weights and stands/benches with mats and mirrors I just thought we should just open a gym at our building in town.  After researching demography our area and client base.    It would appear that there is a serious calling for a gym in my area.   I dont an issue with people having questions about my plan but to call me out and tell me I am lying. Its sad.  

So your gym will have a huge amount of cardio which is a big reason people go to the gym.  So you will have 2 treadmills.  I would expect you to have quite a line waiting for equipment.  But I am sure you thought about that.

[noworries]

everybody and their mothers want to start a gym now..  i hear it at least 10 times a day..  there's more to owning a gym than having a building and buying some equipment..

don't waste your time.  he won't listen to you cause you already have a gym and know what you are talking about.  he has some new formula that makes the gym run itself and doesn't need employees.  I think he has something big brewing.  He should keep it a secret.  He is brilliant

[arce1988]

...

[jwb]

how big is the floor space?

[Coach is Back!]

So $60000/1000 is $60 per month.  You honestly think highschool kids are going to pay that much, yet the people that actually make money like cops and firemen will get in free?  WOW! 

Have you considered any contingencies?  At the LA Fitness I go to there is always one or two machines on the fritz, so that is a repair charge.  Maintenance of the place, cleaning up after dirty foul fuckers at the gym.

Your real money will be from selling steroids to the highschool kids. 

To be fair, I get minimum $420 per month on a 12 month contract. We do 3 month and 12 month contracts.