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Thread: Anybody Here Owne(d) A Gym?

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  1. #18
    Join Date
    Apr 2009
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    The Dude Abides
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    Quote Originally Posted by panntastic View Post
    That's exactly right I know a fair few lads that compete in BB contests and the local gyms are all "family" orientated an the equipment just isn't upto the job
    They do a round trip of 40+ miles to train.
    So in my geographical area I see a need for this sort of gym

    Problem is there just isn't enough bodybuilders in a given area (in most cases) that you can survive by only catering to them though. Even if you had 50 bodybuilders in a town and they each paid $100 a month (and who in their right mind is going to pay that much?), that's only $5k a month revenue generated. After rent, utilities, maintenance, staff, etc is paid, you're going to be in the red by quite a bit. The only way to keep your head above water is you need a huge client base of many demographics.

    I kind of want to own my own gym too, but it looks like a difficult market to get in to. low profit margins and heavy competition with other already existing gyms. You really need to provide a service or value to the customers that the other guys don't provide. And your costs have to remain low.
    Last edited by Honkey_Kong; 03-10-2013 at 10:11 PM.

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