How I Can Help You Now
Should I Open a Studio Gym or Franchise Gym?
In short, it depends.
The Studio Gym
Right now, studio, niche gyms are all the rage. Fitness entrepreneur...
The Gym Market That No One Is Targeting
If you're looking to buy a house or open a business and use a realtor, I can guarantee you'll hear one phrase over and over ...
You're interested in opening a gym. I get it. I hear it all of the time. In fact, it's usually the first thing someone says to me when they hear I own 3 gyms.
Typically the conversation goes like this.
John Doe: "So, I hear you own three gyms. I've always wanted to open my own gym."
Me: "Yes, I do. It's been one of the best decisions I've made. Why do you want to open a gym?"
Usually John Doe comes back with 1 of the following responses:
- I just want to work for myself. I want to be in charge of my life and build my own business. My passion is fitness, and it would be so much fun to own my very own gym.
- I'm tired of punching a time clock. My training hours are hectic and inconsistent. Although I love training, I also want a life outside of the gym, which I could have if I had an automated stream of income that didn't depend on me.
- I've been a trainer at the same gym for 3 years now. The owner is never there, and doesn't care. I have so many ideas that I know can improve the gym and make a lot of money. Every time I see a new member sign up, it infuriates me because I know that could be my gym and my money.
Unfortunately that's usually where it stops. Very few trainers make the jump to ownership.