Quote:
Originally Posted by Nine Pack
So, I set out doing revenue & expenditure projections based on plan 'A' which involved many tedious hours setting up spreadsheets & calculating an approximate income for each revenue stream as the membership base grew. It is vital that we have a model to measure our progress against as we go along so I used data from my CNP supplement sales business to accurately project a successful gym’s sales as I have a few gyms on my customer list. In reality, we’ll be selling more than they do as we have the knowledge on the products that is sometimes lacking in these places as no doubt you will have encountered on occasion. We will sell supplements, really nice workout clothing, accessories, as well as the protein bar which also will do coffee, tea & smoothies. I have to have a monstrous coffee machine as I am a self confessed caffeine fiend. |
Protein bar is a cracking idea. When i belonged to a LA Fitness when i lived back in London they had a supplement stand. Thought it was a really clever idea. Unfortunately the chap running it wasnt really knowledgable and suprise suprise it was all maximuscle products....a maximuscle franchise really. I always thought that this had the potential to be a fantastic business engine but wasnt quite there. With your knowledge and links to CNP i think yourll do very well here. If your really clever then i think that you should open a cafe which caters for body builders. I always thought that if a bodybuilder ran a gym instead of a man with a management degree then instead of popular dishes like chilie concarne and lazagne served with white rice being served they would be replaced with a chicken based dish served with sweet potato or wholegrain brown rice.
Think Ollie B mentioned about the locker with the padlock probelm...i agree, cant stand this. At my current gym you just put a pound in and the key turns and can be released. Much better...gyms that force people to buy padlocks from them so that they can use the lockers really annoy me.