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Is owning a gym profitable?
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[QUOTE="PICKFORD, post: 208326, member: 37913"] Owning a gym strictly depends on the locality and the affordability and the furnishing aspect on how you present your gym. A lot of people he joined gym in fact they get a membership they, train lose weight, or get in shape, what the profitability of a gym solely depends on key streams like locality and affordability, that is why getting on membership of a gym it's not enough to make a gym owner wealthing that is why most gym owners couple exercise activity with fitness classes, juice bars, tanning salons, and renting space to personal trainers. For startups a newly-opened gym would want to invest from $200,000 to $450,000. but thinking of a pool and leisure gym my calls to millions of Dollars that is why it is advisable to start from a smaller stage before considering to go into large-scale. As in some cases maybe some gym owners decides to buy fairly used equipment for startups so as to cut down the cost of buying newly used equipment this is known as a a smart idea to cut down initial capital cost although new gym goers might expect to see brand new gym equipment, it is also important to note that it is the duty of the gym trainer or the gym owner to inspect every machine in the gym before use by the trainers, to maximize profits to the fullest it is advisable for a gym to perform various fitness activities some of which includes: Cycling classes, Training on a circuit,Military physical fitness,Kick boxing,Jujitsu instruction, Classes in dance,Cross fit. [/QUOTE]
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