
Originally Posted by
ginkobulloba
I am a part owner of a gym that's pretty much hardcore, but we get everyone coming in. Without any money, there won't be a gym, so that's kinda important. Do you have rich family members you can ask for help? That's the easiest and best way to get a loan.
You need to come up with a business plan, or you could have a college kid do it for you for cheap. Without that, good luck getting a loan. Good cardio machines are expensive and require regular maintenance. Cheap cardio machines break down all the time.
There is excellent money to be made in the personal training side of things. Why not consider a personal training studio? If I were in the states, I don't think I'd want to own a gym. You've got to compete with all the corporate chains, which is gonna be tough. For a good location you're going to be paying a lot in rent. Expenses would be pretty high compared to where I am at. On the other hand, a PT studio would cost less to operate and you can still make a lot of money.
It's great to do something you love, so if you can make this happen then I am sure you'll be happy about it. If you've got any more questions, just ask.