Open a hardcore gym? info needed

[Cliff]

I had a $15 000 budget to start up a gym in my university. They said they wanted a well balanced gym(whatever the fuck that means!!!) we bought 1 treadmill, one bike, one stepmachine and a multy station for the pencilnecks and we were only left with $1500. I had to put $700 from my own pocket so we could get a squat cage and an olympic bench and some dumbles!

If you wanna start a gym that has members you gotta buy a shitload of cardio shit thats gonna cost you a shitload and the shit you buy gotta have guarantee cause in a normal gym electronic shit breaks down frequently. its an investment that might never give anything back!

you ll need about $100 000 just to buy equipment if you want to have members paying plus the legal shit and the rent and shitty bills. plus you gotta be there all the time!they other factor is that in US the big franchisis have left no room for small businesses to manouver so basically you'll get fucked at the end even if you have good income cause it only takes the Goldgym 2 days to open a franchisee next door to you and steal all the moneymaking customers!


good luck bro!

 

[iamcdn]

i know it cost more money but, why not buy into part of a franchise. and with you being the owner you won't have to descriminate against the hardcores, and can cater towards them

shit is expensive,you will most likely have to look towards capital from other sources than your pocket, and unless you have a very sound business you aren't going to get anything becaue the market is already very saturated

on the other hand, if you just want to have hardcores, get a couple people together, get them to pitch in and try and just have a hole in the wall gym

 

[Metal Gear]

I'm in the process of opening up my own Powerhouse in the L.A area right now bro and it's no fucken joke. You need some serious cash and credit backing you up. My boy's a millionair and he's putting up all the money for it, he even owns te 18,000 square foot building and we are still havng problems with th ecity, parking space blah blah blah... You fix one problem antoher comes up. This project has been on hold for 6 months now. I even have paid the annaul $16,000 for using powerhouses name. City is fucking with us big time. You need to lease all your equipment, because cardio alone cost close to 100,000. Our gym has estimate cost of 500,000 min equipment cost. That doesn't include tanning room, construction of offices, bathrooms and lockers, sona, steam room, aerobics room, child care, etc. By the time you are done, you are looking at 1-1.5million dollars for a good gym if yo uwant to survive.

 

[TinyTim]

I'm in the process of opening up my own Powerhouse in the L.A area right now bro and it's no fucken joke. You need some serious cash and credit backing you up. My boy's a millionair and he's putting up all the money for it, he even owns te 18,000 square foot building and we are still havng problems with th ecity, parking space blah blah blah... You fix one problem antoher comes up. This project has been on hold for 6 months now. I even have paid the annaul $16,000 for using powerhouses name. City is fucking with us big time. You need to lease all your equipment, because cardio alone cost close to 100,000. Our gym has estimate cost of 500,000 min equipment cost. That doesn't include tanning room, construction of offices, bathrooms and lockers, sona, steam room, aerobics room, child care, etc. By the time you are done, you are looking at 1-1.5million dollars for a good gym if yo uwant to survive.

Kinda puts a damper on things but he's 100% correct. It takes big pockets to survive in most business today, and gyms even more so.

 

[genarr3]

On the plus side a hardcore gym doesn't have to be pretty. You don't need a dozen treadmills, or a neat and clean environment.

As a previous post mentioned Westside gym is a hole in the wall and people are lined up to get in.

 

[supertech69]

I've taken all the above into concideration that's why I say it's only an idea & wanted to gather info on it. Especially from those who have tried it. The fuct up thing about my gym is that they brag abou having one of the biggest free weight areas in the tri-state area. What the hell, did they expect to not get people like us joining? Thanx for the input.

 

[liftsiron]

There is a big difference in being hardcore and trying to be a hardass. You can train like an animal but do not have to act like one. We have five gyms in our immediate area two "hardcore gyms" who can barely keep their light bill paid because they cater to a few assholes who like to slam weights and crank up the music. Our gym may not be "hardcore" yet 99% of all the areas competive bodybuilders, figure, and fitness competitors train at our facility, as well as many of the college athletes.

 

[easy]

I can't deal with all the bs that goes on at the local healthclubs so I built my own gym in my garage. Treadmill, squat rack, bench, 2 olympic barbells, full compliment of dumbells, lat machine, peck deck, 700 lbs of plates and I'm under 2500$. My freinds drive to my house to work out now. I do wtf I want. My house...my rules...

easy

 

[nuh_mizer]

I had a $15 000 budget to start up a gym in my university. They said they wanted a well balanced gym(whatever the fuck that means!!!) we bought 1 treadmill, one bike, one stepmachine and a multy station for the pencilnecks and we were only left with $1500. I had to put $700 from my own pocket so we could get a squat cage and an olympic bench and some dumbles!

If you wanna start a gym that has members you gotta buy a shitload of cardio shit thats gonna cost you a shitload and the shit you buy gotta have guarantee cause in a normal gym electronic shit breaks down frequently. its an investment that might never give anything back!

you ll need about $100 000 just to buy equipment if you want to have members paying plus the legal shit and the rent and shitty bills. plus you gotta be there all the time!they other factor is that in US the big franchisis have left no room for small businesses to manouver so basically you'll get fucked at the end even if you have good income cause it only takes the Goldgym 2 days to open a franchisee next door to you and steal all the moneymaking customers!


good luck bro!

I agree. I got info from a few equipment companies. With Flex equipment, the cost was over 100k not including the cardio equipment. I was looking to open a large scale gym though to compete with 24hr and bally's in my area. If you could find someone to go in on it with you, you would probably be better off.