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 Gym startup investment?

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howszat
post Feb 6 2016, 12:24 PM

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One of those industrial strength machines (threadmill, etc) costs RM20K++. Per machine.

You can get lower end ones, of course, but you put them in a gym with frequent use, they will last about 3 months, or less.

The rest, you can do the maths.
ah_suknat
post Feb 21 2016, 02:35 AM

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I am in the fitness industry

My view is that traditional gym and equipement will die out soon.

People are migrating towards exercising at home with those HIIT workout, or using resistance band to exercise, its cheap, high mobility, and you can do it anywhere, long gone the big, bulky, expensive home gym system. Works the same, produce the same results.

Not everyone wanna be a body builder, they just want to be not overweight, online personal training will be the future where trainer can train their client at home.

Or atleast a studio is still survival-able. Members pay the same fees to join classes, minus the need to pay for expensive equipments. But just the rent and instructor salary/ commission.
gchee
post Feb 21 2016, 04:52 PM

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I heard anytime fitness franchise cost 1.6 to 2M. Not sure how long is the ROI.
AFseller P
post Jan 6 2020, 03:58 PM

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QUOTE(zDante @ Jan 31 2016, 03:23 PM)
I hope this is the right section to post this topic.

Anyway, I am considering to start up a gym probably in 3-4 years time. The concept I have in mind is something like Jatomi Fitness or Pure Fitness Singapore. Of course I have more ideas in mind to try beat or at least match with all the well known gym.

1. Just would like to know what is the minimum capital I need to have? Equipments, Electricity, Maintanenance, Staffing etc.

2. For new gyms, what are the advertising costs?

Forgive me if I'm asking irrelevant questions because I just started working recently less than a year ago. However, I am trying to have future plans.

Thanks in advance  😬
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Hi , i own my own gym center of KL . DO nudge me if you still interested in the industry .

 

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