Does anyone here actually own a gym? Do you think it would be a good investment?

Does anyone here actually own a gym? Do you think it would be a good investment?

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what a disgusting beard am i right guys? haha

>Do you think it would be a good investment?
Investment? No. If you are looking for a good investment, get a secure job and pump about 10% of your income into an ETF portfolio.

But if it is genuinely a dream to run a gym, go for it, dude. Might want to work at one to gain some experience tho.

Look at the way the industry is heading. People increasingly use massive, nationwide gym chains because their scale allows them to be cheap, dependable, and convenient. I would suggest that we’re still in the phase of monopolies being established but not solidified. That means they’re already big, growing very rapidly, but still competitive because they’re trying to solidify their hold on the market. In other words: it’s pretty much the worst time to challenge them unless you have huge ambition, capital, etc.

The only exception is if you provide a niche service outside the basic gym model to a very specific locale - e.g. a CrossFit or boxing gym to a town that doesn’t have one yet.

Americans become more and more out of shape every year. Society glorifies it and shames anyone that doesn't. Most people have no motivation to change.

I'm honestly not sure if the fatty takeover is helping the fitness industry or killing it desu. The pessimist in me says they're probably killing it, but maybe I'm wrong. Maybe most of them are trying (and failing) to change. Either way, take a look around you and consider whether a significant portion of your population wants to pay to lift heavy things and put them down.

you have to ask yourself why would someone join you gym instead of golds/ planet fitness or something else? i dont think you can compete with their prices. also all the benefits if you join a chain that you can train anywhere

t. homegym masterrace

He does look better IMO with shorter hair and less beard but whatever makes him happy, and also whatever makes Yas Forums mad :^)

I would only join your gym if I was allowed to lift naked
This is the only advantage over a chain you could possibly have.
Do the right thing.

you only really need a barbell, plates, pull-up bar/dip station, rack and adjustable bench

treadmill and cable machines are nice too

Lmao this

Buy six barbells, six power cages, and 500lbs weight for each. Assuming you buy the good stuff, maybe DIY some DL platforms, that's only 10k investment. You can now charge ~20 people $100/month to lift there. Depending on rent you could pay that off in a couple years. License to print money.

Dude where have you been the last 6 mos? The entire globo gym empire is teetering, and public faith in anything less sanitary than a pine-sol factory is GONE. Big gyms are fucked

>you have to ask yourself why would someone join you gym instead of golds/ planet fitness or something else? i dont think you can compete with their prices. also all the benefits if you join a chain that you can train anywhere

Most serious lifters I know gladly pay 3x just to lift somewhere where the bars aren't bent and they don't play coon tunes

Nice analysis

I've always floated around the idea of taking the 24/7 gym one step further. I'd rent out the smallest commercial unit I could then load it with maybe half the stuff you'd find in a Anytime, so like a glorified home gym. Then I'd outfit it with cameras and keyfobs. It would be an invite only gym on the DL and if you accept the invite you pay a membership and schedule your workout.

Could you legally run a private gym where only approved people are allowed to enter? That way you could keep out fat and ugly people.

>Do you think it would be a good investment?

My 3 year old equipment is rusty as fuck and already breaking up lol, the crisis helped the investment but I saved nothing compared to a membership

I'd open mine in some hidden storage facility deep in downtown so that some rich white collar idiot could pay me $200/mo to run on a treadmill in private during his lunch break.

Gays do this with bath houses, you totally could

Owning a gym would suck, it would pretty much be customer service all day long for the rest of your life. Unless you could find a niche market then you would pretty much spend your whole life trying to market your business to middle aged moms trying to loose baby weight and old people who think they can hold death off another decade by going to the gym. I had an idea for a gym thats more of one that I would want to work out in more than own but it probably wouldn't last very long even if it was real.
>get an old Walmart or other closed megastore
>divide it into four quadrants
>one quadrant is pretty much just a normal box gym
>another quadrant is for powerlifting/olympic weightlifting
>another quadrant is for martial arts
>fourth quadrant is for a store that sells supplements and gym equipment (belts, clothes, sleeves, etc) plus has a lounge area with a TV that plays sporting events, shit about lifting or red pilled movies
>rules are no women and ages must be between 16 and 60
I figure that a Walmart or a Costco is at least four times the size of a typical 24 hour fitness type of gym and will still have space for reception, an office and hallways. The biggest problem is that the most profitable demographics of people who purchase gym memberships (women and old people who end up going) would be excluded.

I meant to say women and old people who don't end up going in the last sentence

How is he a rich white collar guy and an idiot at the same time? Why aren't you rich?

>$100/month
literally no one would do that. even $50/mo would be high enough that only serious lifter would join. you have to be sub 50 to be competitive

Ok but serious lifters are only like 20% of a gym’s clientele. A lot of people show up and do cardio for an hour and leave.

I'd say its probably under 5% if you factor in the gyms main source of income, people who join only go once a week for a month before going less and less until they forget they have a membership and just keep paying for nothing which is probably over half of all gym memberships

Lmao wilkslet confirmed

50 is reasonable if in a city and you have the right equipment. 24 hour access, comp plates and racks, etc
barbellclub.dcfphilly.com/index.php/pricing/

There's a gym in my area with brand new high end niche equipment and they're always packed even though they charge 60 a month
Kind of a social club even though they have alot of serious lifters

>$100 a month

Even powerlifting gyms aren’t that expensive

>unironically based, until some retard injures himself or dies bcuz no spotter and you get $150,000 in legal fees from the family’s lawsuit

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>commercial rent $25-$50 sqft/yr
>insurance
>utilities
>equipment, gym, point of sale stuff, etc
>inventory for supplements and other things you shill to aid your failing business
>labor to include unemployment insurance and all that shit
>loan payments and interest you took on to buy your 5 meme stepper 5000's
Add all those things up and divide that by what you would charge for membership. You need this many people just to break even.

Fuck opening a gym

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