[quote]Ruggerlife wrote:
texasguy wrote:
SWR-1240 wrote:
CaliforniaLaw wrote:
Why are there so few hardcore gyms? Because there are so few people willing to pay the bucks.
Are you suggesting that the more hard-core the gym is, the more expensive it is to train there?
I found the opposite to be true. Albany Strength is a steal at something like $13/month.
The Bally’s I went to in VA was close to $40/month.
The Powerhouse gym I go to is like a mix of the two, and it’s $25/month to go there.
I’ve seen health clubs that were much more expensive.
i’d have to agree here. when i was in houston, i went to a neighborhood gym that was pretty old school and hardcore. it was $22.00 per month. LA Fitness moved in to the area and bought them, they cost $55 monthly in that neighborhood. 24 hr was $45 monthly.
Off topic-
How the hell do they stay in business at those low prices ($13-25/month). I can’t see how they have a positive cash flow?
On topic-
I like the idea of getting a T-shirt with an anti-aerobics comment that the people would take offense to but the gym really couldn’t complain about. I’d also time my workout so that I grab the squat rack (and some dumbbells and a bench right before they come into the room.
Then set up a mini-circuit. That way for the next 20 minutes you can tell then “sorry, I’m using that”![/quote]
as another poster mentioned, they don’t have super high electric bills. cardio machines running all day pull ridiculous amounts of energy.
they don’t have to pay people to come teach classes, which are usually included in monthly dues.
they spend less on maintenance as it is much less likely for a metal bar and plates to break than for a piece on a cardio machine to wear out and i’m sure that there are lots more mundane areas where cost is much lower in the hardcore gyms.
three hundred people paying $20 bucks a month gives the gym $6000 monthly gross profits. rent probably costs a little over a grand a month, electricity below five hundred and maybe a thousand more payed to the part time desk clerks.
then, after taxes, the owner is left with a few thousand dollars profit.
most business owners are invested in other businesses as well, so he probably considers his gym just one revenue earning investment.