Just found this great rental today, has two bathrooms on top of that.
Group Training is the best to make a lot of money in fitness. Its easier to get 10-20 people in a class to pay 5-10 bucks bucks a head on a consistant basis than to have one person pay 70-100 dollars for a session. Not only that, you can schedule it at a particular time to continue to train private clients How do you think Coach makes all that money?? He trains groups of people at a time and in California, you can charge a pretty penny. I may disagree with him on a lot of things but I do pay close attention to some of the things he does.
So, the rental for your business costs more per month than the purchase of your trailer cost you?
But will you get 10 - 20 people comming along everytime ? - plus paying the trainers to take the classes - also is there going to be a gym area - so more dollers for quality equipment - selling supplements to ? you said yourself its a sleepy area so will you actualy have interest in it - its cheaper to buy stuff online - outlet stores do find it hard to match prices of online places like for example bb.com - its good to have dreams Vince but there is so much to take into account for it to be a success.
vince, you know cash flow consists of debits and credits. for some reason, i don't think you're accounting for debits in your business models.
Stay away from the gimmicky shit like "Zumba" Vince. Have you read Thomas Plummers stuff? I've been reading his writings for years and this weekend finally got to attend one of his business seminars.
Read Plummer, PT is taking a different direction and that ain't it no matter who is teaching it.
If you can get that place for $300 take it. It doesnt matter whether you're store front or not. Seriously.
I'm going to speak to the owner this week.
No clue Goodrum sees a cheap rental so figures this is an opportunity too good to pass up. He approaches his local bank manager who is licking his lips at the thought of getting such a large account. Only in Sylva, NC!Goodrum is full of shit. He has no business plan and has no equipment stored except what is in his trailer! What a buffoon.First of all, wtf kind of group personal training studio can you open in 800 sq ft? Do the math. That is 40 feet X 20 feet. Or 32 feet X 25 feet. If you have some equipment there and a change room you won't be able to swing a cat.Goodrum and Coach are both dreamers and neither will have a proper fitness studio. Don't waste Getbig space with your hairbrain plans because they are just dreams that will never happen. Would anyone in his right mind pay Vince G CSN MFT to personal train him? I doubt it.
In goodrums defence small gyms are more profitable than big box gyms. 24hr Fitness has filed BK 3 times in 7 years because their business model sucks.
2 bathrooms, that's great. That will give you 2 mirrors to look like shit in.
This is like feeding the village idiot. Well, Goodrum is clearly the town fool on Getbig. He doesn't disclose where the premises are or anything. Just another bullshit story to make people think he is some kind of astute businessman. He is married to a bloke and now claims he is bi. Yeah, sure.
