Setting up a gym - UK-Muscle Body Building Community

Crazy Mick · 07-06-2006, 04:49 PM

What would a guy really need for this idea?

What do the franchises do, do they set it up for you to run or what? Or you got to upfront the cash yourself on certain things?

like some info if ya know the score on these things

**Great White** · 07-06-2006, 05:16 PM

Quote:

Originally Posted by Crazy Mick

What would a guy really need for this idea?

Im guessing, some weights, bench, tredmill, maybe a pool and a sauna.

samurai69 · 07-06-2006, 05:25 PM

Quote:

Originally Posted by Crazy Mick

What would a guy really need for this idea?

What do the franchises do, do they set it up for you to run or what? Or you got to upfront the cash yourself on certain things?

like some info if ya know the score on these things

depends on the franchise

golds do one and maybe FF

for your own it depends on the style.......

if its a BBing one then space (with changeing facilities and showers) and equipment i would buy from auction and from equipment refurbishers theres a few about in the uk

**Great White** · 07-06-2006, 05:27 PM

Seriously

Its costly to start up a gym mate, your better off at looking into buying an exsiting one.

Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up.

Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc.

Your looking at well over quarter of a million to get started.

You would need 833 members, each paying £300 a year, just to cover your starting costs, let along on-going costs of wages, etc.

leeston · 07-06-2006, 06:10 PM

wow - well done Paul. Your realistic approach was definately welcomed but sort of makes you think again doesnt it Crazy Mick.

DB · 07-06-2006, 06:19 PM

Quote:

Originally Posted by Paul Govier

Seriously

Its costly to start up a gym mate, your better off at looking into buying an exsiting one.

Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up.

Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc.

Your looking at well over quarter of a million to get started.

You would need 833 members, each paying £300 a year, just to cover your starting costs, let along on-going costs of wages, etc.

Excellent post mate

Crazy Mick · 07-06-2006, 08:06 PM

Quote:

Originally Posted by Paul Govier

Seriously

Its costly to start up a gym mate, your better off at looking into buying an exsiting one.

Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up.

Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc.

Your looking at well over quarter of a million to get started.

You would need 833 members, each paying £300 a year, just to cover your starting costs, let along on-going costs of wages, etc.

Yes, that just brings you back to earth.

I was looking at Dorians site, seems he has gone world wide on franchising and i just had the idea "get a loan - buy a temple gym" i got no idea what they would expect from franchise. If i was going to get a gym i would go with Dorians

There is a gym locator on this site

http://www.templegym.com

there seems to be one up north where i am, so if anyone knows where this place is let me know please

For me i am forgetting the idea for now then.

thanks.

samurai69 · 07-06-2006, 11:14 PM

Quote:

Originally Posted by Paul Govier

Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up.

Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc.

.

Thats a hell of a gym with that lot

like i said a good BB type gym wont cost that much and if you buy wisely a lot less

Many gyms either go out of business or the bigger ones re-new equipment quite regularly, you can get pretty new equipment from auctions at a fair price.........but you will need some or all the other bits paul mentions.

a gym near me has a good clientele and a very limited range of equipment and only 2 staff that share the time it opens at 8pm shuts at 1 until 3 and then till 10 ---- ok its portugal, but it proves what people can do TOO

:lift:

SNOWY · 08-06-2006, 12:08 AM

Quote:

Originally Posted by Paul Govier

Seriously

Its costly to start up a gym mate, your better off at looking into buying an exsiting one.

Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up.

Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc.

Your looking at well over quarter of a million to get started.

You would need 833 members, each paying £300 a year, just to cover your starting costs, let along on-going costs of wages, etc.

perhaps you could get away with spending a bit less but won't be a well equipped, i have to do a bussiness plan in college for a gym and it is definatly not in my near future

**robdog** · 08-06-2006, 12:29 AM

You can kit a fairly decent BB gym out for 15 grand mate easy. The stuff wont be top of the range fancy as fook no but BBers dont want that imo.

Like Sam says auctions are the place to go ive heard of proper pro pec decs going for 90 notes in nearly new condition where if you buy a brand new one your talking loads mate.

Also there are gym companies out there that do deals like 15 grand gets you a few decent pieces of kit enough to get started like.

I was thinking about this the other month when my mate who is a gym owner came round and we worked out that to keep a fairly big place going for 12 months and kit it out totaly would cost 40 grand but obvioulsy 15 of that was for the equipment so you can always get cash back for that if it goes tits up.

Start off small mate get a few regulars, do shakes after training, sunbeds, stock a full line of supps and maybe clothes and some food it all adds to your profit. Also you need a smal cardio section.

A place i used to train at makes a decent profit every year certainly enough to live on and he doesnt even market it that well and he said if he was to ever sell he would want 35k for it.

People go in these fancy places and get put off thinking it would cost millions to start etc but dont compete with them do your own thing and there is def a market for it.

Ironman · 08-06-2006, 10:28 AM

I agree with Robdog

Crazy Mick · 08-06-2006, 10:48 AM

Robdog, did you decide to forget the idea or going ahead with it?

What do you reckon about these franchises of Dorians? He says the franchise of Temple only profits if the gym profits, but what kind of cash would Dorian be talking about for getting a Temple franchise? Theres loads of interest in there at the minute from all over the world.

samurai69 · 08-06-2006, 11:06 AM

Quote:

Originally Posted by Crazy Mick

Robdog, did you decide to forget the idea or going ahead with it?

What do you reckon about these franchises of Dorians? He says the franchise of Temple only profits if the gym profits, but what kind of cash would Dorian be talking about for getting a Temple franchise? Theres loads of interest in there at the minute from all over the world.

Not sure about the dorian franchise, but in general a lender is more likely to give you the amount needed for a franchise than the equal amount for a 1 off gym as usually they help with a proven business plan, a tried and tested formula...........but you wont be allowed to change certainthings etc, possiblt have to use the exact equipment thats in the dorian gyms

that sort of thing

:beer1:

Crazy Mick · 08-06-2006, 12:15 PM

Quote:

Originally Posted by samurai69

Not sure about the dorian franchise, but in general a lender is more likely to give you the amount needed for a franchise than the equal amount for a 1 off gym as usually they help with a proven business plan, a tried and tested formula...........but you wont be allowed to change certainthings etc, possiblt have to use the exact equipment thats in the dorian gyms

that sort of thing

:beer1:

thanks mate! :lift:

**robdog** · 08-06-2006, 12:46 PM

I havent given up on the idea mate but its alot of cash to put up and tbh if i do it i wont want to borrow ill want to stup it al up myself then if it does fail i dont owe anyone anything.

As for franchises i suppose they would and do work it just me persaonly would see the money i pay them as money that could be going in my own pocket if i my own gym if that makes sence.

07-06-2006, 04:49 PM	#1 (permalink)
Crazy Mick Looking Freaky Join Date: Feb 2006 Posts: 643	Setting up a gym What would a guy really need for this idea? What do the franchises do, do they set it up for you to run or what? Or you got to upfront the cash yourself on certain things? like some info if ya know the score on these things

08-06-2006, 12:29 AM	#10 (permalink)
robdog UK-Muscle Moderator Join Date: Dec 2003 Location: Home!! Posts: 5,813	You can kit a fairly decent BB gym out for 15 grand mate easy. The stuff wont be top of the range fancy as fook no but BBers dont want that imo. Like Sam says auctions are the place to go ive heard of proper pro pec decs going for 90 notes in nearly new condition where if you buy a brand new one your talking loads mate. Also there are gym companies out there that do deals like 15 grand gets you a few decent pieces of kit enough to get started like. I was thinking about this the other month when my mate who is a gym owner came round and we worked out that to keep a fairly big place going for 12 months and kit it out totaly would cost 40 grand but obvioulsy 15 of that was for the equipment so you can always get cash back for that if it goes tits up. Start off small mate get a few regulars, do shakes after training, sunbeds, stock a full line of supps and maybe clothes and some food it all adds to your profit. Also you need a smal cardio section. A place i used to train at makes a decent profit every year certainly enough to live on and he doesnt even market it that well and he said if he was to ever sell he would want 35k for it. People go in these fancy places and get put off thinking it would cost millions to start etc but dont compete with them do your own thing and there is def a market for it. Last edited by robdog; 08-06-2006 at 12:35 AM.

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07-06-2006, 05:27 PM	#4 (permalink)
Great White Sexy Moderator Join Date: Apr 2003 Location: United Kingdom Posts: 9,262	Seriously Its costly to start up a gym mate, your better off at looking into buying an exsiting one. Most gyms now-a-days have well over £100,000 worth of kit in them, and when the treadmills are £4000 a piece, it soon adds up. Add into that everything else you need, qualified staff, changing room facilities, rent, electric, insurance, rowing machines, weights, racks, bars, pool, instructors, etc, etc. Your looking at well over quarter of a million to get started. You would need 833 members, each paying £300 a year, just to cover your starting costs, let along on-going costs of wages, etc.

07-06-2006, 06:10 PM	#5 (permalink)
leeston Any more chicken and I will start clucking!! Join Date: May 2006 Location: Birmingham, West Midlandshire Posts: 2,401	wow - well done Paul. Your realistic approach was definately welcomed but sort of makes you think again doesnt it Crazy Mick.

08-06-2006, 10:28 AM	#11 (permalink)
Ironman Sculpting the masterpiece Join Date: Jul 2005 Posts: 1,464	I agree with Robdog

08-06-2006, 10:48 AM	#12 (permalink)
Crazy Mick Looking Freaky Join Date: Feb 2006 Posts: 643	Robdog, did you decide to forget the idea or going ahead with it? What do you reckon about these franchises of Dorians? He says the franchise of Temple only profits if the gym profits, but what kind of cash would Dorian be talking about for getting a Temple franchise? Theres loads of interest in there at the minute from all over the world.

08-06-2006, 12:46 PM	#15 (permalink)
robdog UK-Muscle Moderator Join Date: Dec 2003 Location: Home!! Posts: 5,813	I havent given up on the idea mate but its alot of cash to put up and tbh if i do it i wont want to borrow ill want to stup it al up myself then if it does fail i dont owe anyone anything. As for franchises i suppose they would and do work it just me persaonly would see the money i pay them as money that could be going in my own pocket if i my own gym if that makes sence.