Any Gym owners or managers out there?
How about exchanging business ideas, locations, names, inventions any advice from a members perspective also.
Hey I am a former gym owner. If you need some advice or you want to make sure you don’t make any mistakes that I or others have made then drop me a line. Good Luck.
There have been a couple of threads about this or related topics. Try a search and see what you come up with.
I’m very curious as to how gym owners finance the intial costs for equipment? The initial investment must be huge, considering that decent treadmills alone probably run around the cost of 8-10 grand? How do gym owners recoup all the initial expenses?
Yes, the initial cost are quite high. Here in CT, you have to post a membership dues bond. So it can be several months before you start making any money. Some companies will allow you to lease their equipment rather than buy it outright. Best of Luck.