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Forum nameFinancial Feast
Topic subjectRE: Anyone start their own small gym/personal training/fitness center?
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=951&mesg_id=998
998, RE: Anyone start their own small gym/personal training/fitness center?
Posted by Todd, Thu Oct-11-12 09:02 AM
Hi Shannon,

I bought a business I worked for as a trainer in Stamford, CT in 2006.
1st year with rent was about 80k+payroll.
Trainers received $40-65 per session worked
My rent on 1st studio was 1500 per mo. w/electric & showers(really cheap)
Equipment 40k
Existing clients 20k

We were soley for elite athletes but began to branch out to general public. Eventually I split the two.

I sold the gyms & I am starting an all natural supplement company.

I have a couple of questions.

1.What kind of styles are you looking to incorporate?-(how will you train your clients-high tech,old school,bodyweight,outdoors,mma,crossfit,etc.?)

Knowing your niche will help towards pricing out your equipment.

2.How will you market?

3.Will you be by yourself or hiring trainers as subcontractors?

4.Do you currently have clients that will follow you?

5.Friends in the industry? When I bought the gym in 06 I had been a Trainer for 11years. My wife has a background in nutrition and also helped by teaching yoga.
Our Dogs also used to herd the slackers back onto pace during long trail runs. haha-every little bit really helped.

I hope this helped.

Todd