Running a gym or boutique studio is no small feat. While expenses like rent, utilities, and payroll are front and center, hidden costs often lurk in the shadows, silently draining your profitability. Identifying and addressing these hidden expenses can significantly...
Managing Rent Costs in Your Gym Business: Strategies for Independent Gym Owners and Entrepreneurs
Rent is one of the most significant fixed costs for gym owners, and if it isn’t managed effectively, it can severely impact the financial health of your business. Ideally, as a mature gym business, your rent should be around 15% of your total revenue. However,...
The Crucial Difference Between a Plan and a Goal in the Gym Business
As an independent gym owner or manager, you’re no stranger to setting targets for your business—more memberships, better retention, higher revenue, and a stronger brand presence. However, achieving those outcomes often boils down to a clear understanding of two...
Navigating Landlord Relationships in the Gym Business: A Guide for Selling, Buying, or Opening a New Gym
In the gym business, the relationship with your landlord can significantly impact your success. Whether you're selling, buying, or opening a gym, the terms of your lease and your ability to work with your landlord can influence everything from profitability to...
Multiple Ways to Enter the Gym Business: Exploring Traditional and Creative Routes
The gym business offers immense potential for aspiring entrepreneurs, and there are multiple pathways to enter this thriving industry. While the traditional route of purchasing an existing gym remains popular, there are numerous creative and often overlooked...
The Most Common Mistakes Gym Owners Make When Signing Their First Lease
Opening a gym is an exciting and rewarding venture, but it comes with its own set of challenges. One of the most critical—and often overlooked—aspects of opening a gym is the process of signing a commercial lease. For many gym owners, this lease will represent one of...
Prime Gym Space for Lease in Atlanta, Georgia: Your Fitness Business Opportunity Awaits!
Are you a fitness entrepreneur dreaming of starting or expanding your gym business in Atlanta? Look no further—this prime, 3,500-square-foot gym space will be available for lease starting January 1, offering a fantastic opportunity to fast-track your fitness business...
The Essential Due Diligence Questions Every Gym Buyer Should Ask When Purchasing an Existing Gym
Purchasing an existing gym can be a highly rewarding endeavor, offering immediate access to a member base, an established brand, and a fully functioning operation. However, without proper due diligence, what appears to be a successful business on the surface could...
Unlocking Potential: Why Your Vacant Gym Space is a Goldmine Waiting for the Right Tenant
As a building landlord, you've likely experienced the unique energy and steady foot traffic a gym tenant brings to your property. However, the reality of a vacant gym space presents its own set of challenges and opportunities. Whether your previous gym tenant vacated...