Tndeer Logo

Page 1 of 2 12>
Topic Options
#3691319 - 06/14/14 05:52 PM Gym experience ?
74MOPAR
6 Point


Registered: 12/08/12
Posts: 668
Loc: sumner co

Offline
The postings about career changes got me thinking about it again. One idea I had was opening a gym. Anyone on here have any experience as an owner/operator? Seems like they make good money
Top
#3691617 - 06/15/14 09:04 AM Re: Gym experience ? [Re: 74MOPAR]
beachguy
10 Point


Registered: 03/30/12
Posts: 3627
Loc: USA

Offline
you need "lots" of members for it to thrive
_________________________
GOD BLESS AMERICA

Top
#3691634 - 06/15/14 09:18 AM Re: Gym experience ? [Re: beachguy]
DaveB
10 Point


Registered: 09/03/08
Posts: 4708
Loc: Shelby County

Offline
I have a relative in the business. The electrical bill is gargantuan, mostly to run the pool and air conditioning. Don't wanna throw water on your idea but the "lots" of members is thousands and thousands. If you need some detailed information PM me with specific questions & I'll get them answered.
Top
#3691719 - 06/15/14 01:28 PM Re: Gym experience ? [Re: DaveB]
Bar7mag
6 Point


Registered: 07/01/07
Posts: 501
Loc: On the river

Offline
I know some guys making some big money but they are making off the gov/ins. offering rehab services for seniors after surgery/stroke etc.
_________________________
Visit our website and talk forum at http://www.godgunsandammo.com or http://www.godgunsandammo.com/talkforums/viewforum.php?f=2

Top
#3691722 - 06/15/14 01:44 PM Re: Gym experience ? [Re: Bar7mag]
bowriter
Non-Typical


Registered: 08/31/02
Posts: 42243
Loc: Lebanon,TN USA

Offline
You can make a million $ in the gym business. All you need to do is start with two million.

First, are you talking gym or health club? There is a huge difference. One is far more a social location than a workout location. Don't try to be both. Either cater to the serious workout guys or the glistening women in the lycra and the men who logically follow those women. The accessories are far more important than the machines and weights in a health club.
_________________________

Constipation has ruined many a good day. Not as many as stupidity, though.

Top
#3691728 - 06/15/14 02:05 PM Re: Gym experience ? [Re: bowriter]
eightpointer
14 Point


Registered: 08/17/02
Posts: 8687
Loc: Birchwood, TN

Offline
 Originally Posted By: bowriter
You can make a million $ in the gym business. All you need to do is start with two million.

First, are you talking gym or health club? There is a huge difference. One is far more a social location than a workout location. Don't try to be both. Either cater to the serious workout guys or the glistening women in the lycra and the men who logically follow those women. The accessories are far more important than the machines and weights in a health club.


After years lifting in many different gyms...this is the best advice I've seen.

Top
#3691846 - 06/15/14 07:38 PM Re: Gym experience ? [Re: eightpointer]
Poser
Mud Dauber
16 Point


Registered: 07/28/10
Posts: 13475
Loc: Tennessee

Offline
I'd take a good look at what kind of competition you have in the area. -everything from corporate gyms to YMCAs and local places and see what kind of prices they are charging. There 24 hour fitness centers charging $15 a month for access to cardio machines with limited free weights. There are YMCAs with Olympic pools and a huge selection of classes for $40 a month. Corporate gyms in the $50-$60 range and more specialized places like yoga studios, crossfit, TRX, Pilates etc charging up to $200 a month for specific training.

I'd analyze if there are any gaps in the market and whether or not you can offer competitive pricing in relation to market demand while still making a profit. I've gone through a number of gyms over the years -everything from corporate branded Gold's to a finess center with a full sized movie theater cardio room to a YMCA. My wife's job pays for our Y memberships, but I don't like working out there because it's too much of a controlled environment. I go swimming there and do the occasional spin class or hit the stair climber. I pay a premium for another gym membership because it's the environment I want to workout in: it's spartan by contemporary standards. It's a warehouse space with no AC And no cardio machines. Free weights, kettlebells, wooden boxes, Olympic Rings and pull up bars -that's it. It's expensive, but worth the money. The Y, by comparison, is more like a shopping mall experience.
_________________________
It doesn't have to be fun to be fun.

Wild & crazy, can't be stopped. Only the strong will survive.

Keep your knife sharp and your skillet greasy.

http://www.GoCarnivore.com

Top
#3691858 - 06/15/14 08:00 PM Re: Gym experience ? [Re: Poser]
JThuntsalot
Good ol' Boys
10 Point


Registered: 06/19/07
Posts: 4127
Loc: Mckenzie, Carroll County, TN

Offline
MY gym is 24 hour and has machines and free weights with a couple of zumba and yoga classes. But it is 5 minutes from the house and I have a couple of other big guys that I work out with. IT is not what I would prefer but will do. The kind of gym I like is a mans gym with uncensored hard rock blasting out of the speakers with chains for the weights and a bunch of us mean arse looking guys throwing weights around.
_________________________
There is nothing better in life than enjoying the outdoors with your Kids.


I love to kill big bucks and a ton of ducks with a monster Thunder Chicken in the spring

Top
#3691907 - 06/15/14 09:29 PM Re: Gym experience ? [Re: JThuntsalot]
Model70Man
12 Point


Registered: 09/30/05
Posts: 6866
Loc: Knoxville, TN

Offline
I worked in the gym industry for several years. I know first hand that I was making the gym owner $12,000 per month and he was paying me $3,000 per month as a personal trainer. That didn't last long and I went into business for myself. Personsal training is where it's at. I charged $1,000 per month per client and soon I had too many clients. I had to raise my rates to $1,200 then to $1,500 per month. This was back in 1997 to 2006. My niche market was females, particularly models and dancers. Once I got married I retired and now I manage a skilled nursing rehab facility. You can make pretty good money as a personal trainer. The hours suck but you can make a great living.
_________________________
Winchester Model 70 Stainless Left Hand .270 Win.
McMillan Edge
Talley Lightweights
Zeiss Victory Varipoint #60 Illuminated

Top
#3691941 - 06/15/14 10:45 PM Re: Gym experience ? [Re: 74MOPAR]
TAFKAP
14 Point


Registered: 11/06/09
Posts: 9797
Loc: Memphis

Offline
 Originally Posted By: 74MOPAR
The postings about career changes got me thinking about it again. One idea I had was opening a gym. Anyone on here have any experience as an owner/operator? Seems like they make good money


I hear that it's like owning a bar. It's wonderful to be the first operator, the one to get the place off the ground, and to build a clientele. But don't hold it longer than a year. You don't want to be trying to operate it when the place down the street opens up with newer, better, bigger equipment and loud radio ads.
_________________________
Everything important in life was learned from Mary Jo Kopechne.

Top
Page 1 of 2 12>


Moderator:  RUGER, Unicam, gtk, Tennessee Todd, Lakeland Charlie, Cuttin Caller, CBU93, stretch, TurkeyBurd, MAN, Bobby G, Kimber45, Crappie Luck 
Hop to:
Top Posters
4106476
RUGER
88257
Deer Assassin
65979
BSK
61913
Crappie Luck
51392
spitndrum
Newest Members
bmobrady3, bmo3, chrislee, Patriot123, DT33
13565 Registered Users
Who's Online
4 registered (KubotaM4900, Whitehead6044, Bulldog25, Eland) and 60 anonymous users online.
Forum Stats
13565 Members
43 Forums
99539 Topics
1171066 Posts

Max Online: 788 @ 11/11/13 08:06 PM
Moon Phase
CURRENT MOON
November
Su M Tu W Th F Sa
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30
Forum Donations
The TnDeer.Com Deer Talk Forum is for Tennessee Deer Hunters by Tennessee Deer Hunters. If you enjoy using our Talk Forum and would like to contribute to help in it's up-keep. Just submit your contribution by clicking on the DONATE button below and paying with PayPal or a major credit card. Any amount is much appreciated. Thanks for your support!

TN Burn Safe

Generated in 0.04 seconds in which 0.001 seconds were spent on a total of 14 queries. Zlib compression enabled.