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Author Topic: Why do Gyms Fail as a Business?  (Read 8153 times)
The True Adonis
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« on: April 12, 2012, 04:34:40 PM »

Any particular circumstances?
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« Reply #1 on: April 12, 2012, 04:36:55 PM »

Any particular circumstances?

Yes, tons.
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The True Adonis
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« Reply #2 on: April 12, 2012, 04:42:02 PM »

Yes, tons.
Elaborate.  I have been a member of 2 different gyms that have failed and have seen a ton go the way of the dinosaur.  Is the equipment too expensive and the rent too high usually?
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« Reply #3 on: April 12, 2012, 04:43:09 PM »

They are operated by The Coach  Grin
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« Reply #4 on: April 12, 2012, 04:43:17 PM »

they fail dude to locking Memebers to long term contract , Not being strict with members about keeping gym room floor clean and re-racking dumbells

these are 2 reason why i cancel my gym memberships with gyms and never return back to them
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Brocty
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« Reply #5 on: April 12, 2012, 04:44:50 PM »

Yes, tons.

You offering happy endings to keep things afloat coach?
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The True Adonis
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« Reply #6 on: April 12, 2012, 04:45:40 PM »

they fail dude to locking Memebers to long term contract , Not being strict with members about keeping gym room floor clean and racking and re racking dumbells

these are 2 reason why i cancel my gym memberships with gyms and never return back to them
Every gym I have ever been to, I might pay for the first year up front in cash (I would NEVER EVER sign a contract) then I find that they forget and I just continue to to go for years and nobody ever says anything as I become real friendly with the workers and owners.  I think the last time I paid for a Full membership (in cash) was in 2000.  
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deadpan
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« Reply #7 on: April 12, 2012, 04:46:12 PM »

Any particular circumstances?

that's kind of a broad question......besides places like anytime and gold's are doing pretty well
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The True Adonis
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« Reply #8 on: April 12, 2012, 04:46:55 PM »

that's kind of a broad question......besides places like anytime and gold's are doing pretty well
Golds was one of the ones I went to that was shut down.  Undecided
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deadpan
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« Reply #9 on: April 12, 2012, 04:49:05 PM »

Golds was one of the ones I went to that was shut down.  Undecided

ah....might be a regional thing i guess. i live in a college town so pretty much every gym is packed
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« Reply #10 on: April 12, 2012, 04:50:53 PM »

Golds was one of the ones I went to that was shut down.  Undecided

a golds gym in Hawthorne,ca. that was built maybe 8 years ago, shut down this month
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« Reply #11 on: April 12, 2012, 04:52:56 PM »

Elaborate.  I have been a member of 2 different gyms that have failed and have seen a ton go the way of the dinosaur.  Is the equipment too expensive and the rent too high usually?

I did a shit load of research before I decided to do this but from almost everything I've read it comes down to too much in overhead and too much debt. Most start out with a big space but instead of starting small and growing out of what they have they start with too much and struggle to grow into it. That's only part of it. We have a small space, I owe nothing on equipment and overhead is low.
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Ursus
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« Reply #12 on: April 12, 2012, 04:53:14 PM »

My gym has been open since the early 60's

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deadpan
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« Reply #13 on: April 12, 2012, 04:55:15 PM »

a golds gym in Hawthorne,ca. that was built maybe 8 years ago, shut down this month

one thing i never liked about gold's is all the nickle and diming they do. they advertise $9.99 a month no contract but they don't tell you the down is like $200. i've gotten them to drop the down before but they still charge a $60 "maintenance fee" every year.
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« Reply #14 on: April 12, 2012, 04:55:30 PM »

Golds was one of the ones I went to that was shut down.  Undecided

Golds, 24hr, la fitness and places like that are struggling. Just because they're busy doesn't mean they are not struggling.
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dov
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« Reply #15 on: April 12, 2012, 04:58:16 PM »

Every gym I have ever been to, I might pay for the first year up front in cash (I would NEVER EVER sign a contract) then I find that they forget and I just continue to to go for years and nobody ever says anything as I become real friendly with the workers and owners.  I think the last time I paid for a Full membership (in cash) was in 2000.  
I think you just answered your own question.
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chess315
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« Reply #16 on: April 12, 2012, 04:58:36 PM »

Also lifting has become so popular many schools,churches,community colleges , town rec centers ,apartment complexes have good gyms thus taking away buisness. Even mma training and boxing centers
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Palpatine Q
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« Reply #17 on: April 12, 2012, 05:01:56 PM »

one thing i never liked about gold's is all the nickle and diming they do. they advertise $9.99 a month no contract but they don't tell you the down is like $200. i've gotten them to drop the down before but they still charge a $60 "maintenance fee" every year.

I have to say it's not your fault...they advertise it ( which is stupid IMO).but do you really expect to pay 10 dollars a month to go to a good gym?
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The True Adonis
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« Reply #18 on: April 12, 2012, 05:03:04 PM »

I have a friend I went to college with who opened up his own gym similar to what Coach has and he is doing EXTREMELY WELL.  Its funny, he never lifted before either and then got into it and now he and his brother are running a top notch facility that trains a lot of athletes.

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deadpan
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« Reply #19 on: April 12, 2012, 05:04:21 PM »

Also lifting has become so popular many schools,churches,community colleges , town rec centers ,apartment complexes have good gyms thus taking away buisness. Even mma training and boxing centers

i think the whole crossfit fad might have something to do with it, they've gotten national recognition and even companies like nike are endorsing them.

im feel like 90% of most gyms' clients are weekend warriors and soccer moms that are likely to drop whatever they're doing whenever the next fitness fad comes along.
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The True Adonis
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« Reply #20 on: April 12, 2012, 05:08:05 PM »

Here is my friends gym. 

<a href="http://www.youtube.com/watch?v=IkH8QjKLp18" target="_blank">http://www.youtube.com/watch?v=IkH8QjKLp18</a>
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The True Adonis
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"We Will Correct All This."


« Reply #21 on: April 12, 2012, 05:08:46 PM »

<a href="http://www.youtube.com/watch?v=dkldeywGVNw" target="_blank">http://www.youtube.com/watch?v=dkldeywGVNw</a>
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The True Adonis
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"We Will Correct All This."


« Reply #22 on: April 12, 2012, 05:09:53 PM »

<a href="http://www.youtube.com/watch?v=RWX3cdXVIuY" target="_blank">http://www.youtube.com/watch?v=RWX3cdXVIuY</a>
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The True Adonis
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"We Will Correct All This."


« Reply #23 on: April 12, 2012, 05:10:46 PM »

<a href="http://www.youtube.com/watch?v=E1ZbVab4Rt8" target="_blank">http://www.youtube.com/watch?v=E1ZbVab4Rt8</a>
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deadpan
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« Reply #24 on: April 12, 2012, 05:11:42 PM »

<a href="http://www.youtube.com/watch?v=E1ZbVab4Rt8" target="_blank">http://www.youtube.com/watch?v=E1ZbVab4Rt8</a>

oh man look at all those balls  Tongue
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