Nine Pack

This is what I am finding everywhere it is installed. The gym I currently use has four pieces of Gym80 kit & it's over 15 years old & looks almost new aside from a few paint chips where lazy people lean plates on the legs.

I'm having rubberised plates so none of that in my gaff! Just got to get it paid for & that's a scary prospect but a worthwhile investment.

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

TypeR

Ninepack, this thread is going to be great, i was hoping to start my own gym asap and this is really helping me iron out some things and give me ideas.

Were i live there would be no chance of me starting a gym in my area we have some really good gyms Eddies,Beefs,ministry of muscle Ect.

Ben

__________________
MmMm

Tinytom

I think it would be helpful if you could put up some costings. especially how you funded the gym mate.

I've heard its pricey setting up.

__________________
We are what we do. Excellence is therefore a habit not a skill.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
- Code 'UKM 110' for an extra 5% discount


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


Coming Soon
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.



Also mod at

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

Nine Pack

I will indeed put up some of the costings. Here's a brief example, I'll detail the price of the Gym80 equipment we have opted for, though this list is bound to expand:

Pullover machine
Lever Pulldown
4 station row/ tricep pushdown, & twin pulldowns
Seated row machine
T Bar row

Squat Rack (two of these)
Leg extension
45 degree leg press
Squat machine
Horizontal leg press
Standing calf raise
Lying leg curl
Standing leg curl
Hip machine

Shoulder press machine
Seated side lateral machine
Rear delt (butterfly reverse)

Lever Chest press machine
Incline chest press
Incline bench
Decline bench **look, no flat bench!**

Seated Scott curl
Preacher curl machine
Tricep machine

Smith Machine
Cable Crossover
Hyper extension
Ab bench 04028 (two of these)
Leg raise frame
Duplex station
Adjustable benches (three of these).

Now then, this is not including any dumb bells, plates, bars, racks, cardio equipment & all the other bits & bobs. There also are about seven machines we have to get elsewhere e.g. a Powerzone front squat machine. The list above totals £84,000.

Stings a bit, don't it?! Before you all think we have pots of cash, I can assure you we have not. the equipment will be leased as this makes for a considerable saving on asset tax, and cashflow is preserved too. we will be leasing almost everything that is considered 'equipment', from computers, epos tills, lockers, weights, the lot. we will own them at the end of the lease, but for now we can save a lot more in tax than we will pay in interest.

I'll do a full costing list once the premises is secured to give you an idea of the sums involved. It looks scary when you see it all in one place

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

ah24

Fook me mate! Scary stuff, but good its all happening pretty quickly.
When you have chosen the suitable premises would you consider putting up pics of it how it is then a few pics each week to show us how its coming along etc?

Jock

I like the fact that you are getting 2 power racks, the number of times I walk into my gym and some d1ckhead is doing bicep curls in it when I want to do squats is ridiculous.

Looks like a lot of capital to lay down but I'm sure it'll be worth it.

A guy opened a hardcore gym just down the road from me in September last year, I joined within the first week as it was ideal and just what I needed, when I chatted to him about advertising he was quite cavalier saying "Oh the best advertising is by word of mouth" He was a nice guy and although I didn't disagree with him I don't think he went into it with his eyes open, he only got around 200 people to sign up (he was aiming for 500) and of them only 50 were regular trainers. I tried to help him out with some advertising but by then it was too late at the place folded.

I know promotion and advertising seems a little irrelevant at the moment and I'm sure you have it covered but I think sometimes businesses (esp new ones) forget the power of a little publicity and many shrug it off as an unecessary extra expense.

Anyway best of luck with your exciting new project and keep us posted I'll be interested to see how you get on!

Jock

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

jimbo

Ninepack how far away will this gym be away form oldham? I am very interested in it. Also will you need a membership or pay as you go?

Nine Pack

AH24, I will be taking progress pics of the place as we go along so will post them so you can see the bare shell of the building right through to the finished gym.

Jock,
As regards marketing & promotion we will be using a professional marketing company to do a 4 week pre opening campaign & then another 4 weeks after we open. We'll use them periodically over the first two years to get the membership base built up. I have based the financial projections on just 300 members by the end of year one, six hundred by year two & close to a thousand by year three end.

Membership rates will vary depending on peak use hours etc and we will offer a pay monthly or direct debit option. The direct debit contract will give a reduction in fees for the member and allows us to predict cashflow a little better.

Location wise, I think it's going to end up in Stockport, but we can't say for sure just yet.

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

Jock

Sounds like you've got it covered mate, good luck.

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

Nine Pack

I hope so. I have planned everything as much as I can, as meticulously as I can, so absolutely nothing is left to a 'suck it & see' approach. You know what they say, 'fail to plan, plan to fail'. I have literally dozens of spreadsheets saved showing every possible scenario of every revenue & expenditure stream we will have so we will have something to measure our progress against. Of course, once it's all up & running you can't be sure what will happen, but this gives us at least an educated guess.

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

Clydefrog

Got a name yet?

Nine Pack

Ohhhh yes....... All will be revealed. I have a name & a bl**dy great logo if I don't mind saying so myself, which I don't! I designed the logo myself but it's going to be finished properly by a graphic designer.

The Ltd company is registered but I have not made the name & logo a trademark yet so apologies for the secrecy at this stage.

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

shorty

knowing you Paul your gym will be called "house of pain"!! LOL

__________________

“I may be drunk, Miss, but in the
morning I will be sober and you will still be ugly.”
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


MP25162 for 5% discount off your 1st order at
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

Nine Pack

Hmm, maybe not! I may put a sign over the door saying:

''Abandon hope all ye who enter here''

More pertinent on leg days but still....

__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


''I reject your reality and substitute my own''
Adam Savage.

supercell

Great thread Paul.

I know that you will leave NO stone unturned during the set up of this project.
If you are as anal about the gym development as you are about contest dieting you are on the road to success.
Its been said before but I'm gonna say it again....God I wish I lived closer!!!

See you in just over a weeks time. Nic is trying to change a few plans due to her new role at work but if she is unable to change them then I will come alone and probably fly up to Manchester on the friday and return on the sunday. I will have a better idea after speaking to her tonight as she has had a meeting today with her area manager. Sorry going off topic.

Back on topic and I wish you all the success in the world mate and if you need anything just shout and I'll do my best to help out.

J

__________________
James Llewellin - A proud member of Team M.P:lift:


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
- Sports Supplements tailored for You