Where do you think the money is in gyms? - Ausbb

kindred · 02-02-2009, 09:54 AM

members, suppliments secret steriod dealerships???

Do gyms make much money?

Do you think its a safe business?

What do you think the risks are?

Do you think it would be hard work?

02-02-2009, 12:11 PM

Well my gym must be doing it off drinks.

$3.50 for a 600ml of Gatorade. Go to Coles and you can get a 1 litre gatorade for $3. Or just the powder to make your own for $10 for 8 litres.

02-02-2009, 12:59 PM

gyms like most places the money is made in the consumable items , powders , drinks food , clothing etc

02-02-2009, 01:15 PM

Quote:

Originally Posted by inxs

gyms like most places the money is made in the consumable items , powders , drinks food , clothing etc

I often think about this question myself but I just can`t see the money there.
A lot of people take their own drinks and don`t seem to spend a lot at the counter.
I`ve been doing my own research on setting up a place but the costs so far seem to outweigh the incomings, and I am thinking on a small scale.
Any gym owners/managers/workers out there?

kindred · 02-02-2009, 02:06 PM

The only thing I can think of is they sell lots of memberships but people dont use the gym. But you are right I dont see many people buying the consumables. Id love to open a gym to. I know im a lard ass but think its important to do something you have an interest in, even if your not good at it.

**The Hulk** · 02-02-2009, 06:06 PM

I'd say that most of the independent or smaller gyms would be doing it for their own passion only, can't see much money being made.
Especially for the bodybuilding type gyms with no frills.

Then there are the Fitness First type gyms which are kind of like a Ponzi scheme, keep turning over new clients for cashflow to keep operating.
One day their clients will wake up and realise there are better options.

breebreerocks · 10-02-2009, 08:04 PM

Worked in gyms. There is no money to be made. Regulars cost you money. Insurance and other overheads are insane (have any idea how much electricity and water those places use?) Big chains make their money by selling advertising space, renting out areas to massage therapists etc, off PT rents and they get a better deal leasing their equptment because of their size.

11-03-2009, 09:04 PM

Yeah even personal trainers who work at Fitness First pay weekly to work there to actually have work , thats what i heard .

kindred · 12-03-2009, 09:10 AM

Fitness first sounds like a bad company from what ive heard.

Admin · 12-03-2009, 01:19 PM

fitness first business idea sounds like a good plan charging PT to work there , why should a PT get free rent , think of fitness first as being a supermarket you own a product that you want to demo to potential customers do you think the supermarket would allow you to walk in and set up your booth free of charge

02-02-2009, 09:54 AM	#1 (permalink)
kindred Active Member Join Date: Oct 2008 Location: South Australia Gender: Posts: 3,102	Where do you think the money is in gyms? members, suppliments secret steriod dealerships??? Do gyms make much money? Do you think its a safe business? What do you think the risks are? Do you think it would be hard work? __________________ http://ausbb.com/member-training-dia...html#post80479

02-02-2009, 02:06 PM	#5 (permalink)
kindred Active Member Join Date: Oct 2008 Location: South Australia Gender: Posts: 3,102	The only thing I can think of is they sell lots of memberships but people dont use the gym. But you are right I dont see many people buying the consumables. Id love to open a gym to. I know im a lard ass but think its important to do something you have an interest in, even if your not good at it. __________________ http://ausbb.com/member-training-dia...html#post80479

12-03-2009, 09:10 AM	#9 (permalink)
kindred Active Member Join Date: Oct 2008 Location: South Australia Gender: Posts: 3,102	Fitness first sounds like a bad company from what ive heard. __________________ http://ausbb.com/member-training-dia...html#post80479

12-03-2009, 01:19 PM	#10 (permalink)
Admin Administrator. Graeme Join Date: Nov 2006 Gender: Posts: 2,808	fitness first business idea sounds like a good plan charging PT to work there , why should a PT get free rent , think of fitness first as being a supermarket you own a product that you want to demo to potential customers do you think the supermarket would allow you to walk in and set up your booth free of charge __________________ Ausbb- Australian Body Building serving all of your fitness,Body Building needs, conditioning, fat loss, training, supplements and so much more New to this forum? Follow these steps: 1) Register free as a member 2) Introduce Yourself 3) Ask questions, post some answers, learn more 4) Get back to the gym and build more muscle! 5) Create your own Training Diary One team: Ausbb Join Ausbb on facebook Make a Donation. Ausbb Sponsors Ausbb Member of the month - Vote now! Do you own or use a small Gym? Message to all New comers and lurkers: Don't be Afraid to post even if some of the topics might be out of your league don't hide in the shadows jump into General Topic and get to know some of the girls and guys on the forum TAKE PART IN THE 2012 BODYTRANSFORMATION COMP Ausbb is all you need VicFishing - Victorian Fishing forum ps it's Graeme - not Graham

02-02-2009, 12:11 PM	#2 (permalink)
Cruxis Guest Posts: n/a	Well my gym must be doing it off drinks. $3.50 for a 600ml of Gatorade. Go to Coles and you can get a 1 litre gatorade for $3. Or just the powder to make your own for $10 for 8 litres.

02-02-2009, 12:59 PM	#3 (permalink)
inxs Guest Posts: n/a	gyms like most places the money is made in the consumable items , powders , drinks food , clothing etc

02-02-2009, 06:06 PM	#6 (permalink)
The Hulk Active Member Site Advertiser Join Date: Jun 2008 Location: Sydney Gender: Posts: 2,092	I'd say that most of the independent or smaller gyms would be doing it for their own passion only, can't see much money being made. Especially for the bodybuilding type gyms with no frills. Then there are the Fitness First type gyms which are kind of like a Ponzi scheme, keep turning over new clients for cashflow to keep operating. One day their clients will wake up and realise there are better options.

10-02-2009, 08:04 PM	#7 (permalink)
breebreerocks Elite Member Join Date: May 2008 Location: Sydney Gender: Posts: 668	Worked in gyms. There is no money to be made. Regulars cost you money. Insurance and other overheads are insane (have any idea how much electricity and water those places use?) Big chains make their money by selling advertising space, renting out areas to massage therapists etc, off PT rents and they get a better deal leasing their equptment because of their size.

11-03-2009, 09:04 PM	#8 (permalink)
Bennett Guest Posts: n/a	Yeah even personal trainers who work at Fitness First pay weekly to work there to actually have work , thats what i heard .