Time to learn about the business of opening a Gym or Personal Training Business in from the experts.There is a lot to learn, not the least of which is franchises, licenses, support, business plan and much more. Please take 3 minutes and learn what you need to know!
This concept came from the Personal Training studio, where people love the intimate environment and the results, but need more to maximize client results and improve the bottom line.
Remember, owning your own business can be a big decision, both for your time and for your pocket book.
We want to make sure that you have considered some of the most typical scenarios and expenses before you get started.
Space – Leasing space can be a hurdle for a business owner. Please remember these things while you are considering your options
Tenant Improvements (TI) – What will the cost of building the interior and exterior of your facility cost and who will pay for that? Often, building owners will give you a TI allowance to help make this happen but just as often they will not. We will help you negotiate those waters.
Equipment – The equipment that you choose will help define what you facility is best suited for and will drive specific revenue streams. BR has teamed up with equipment vendors to get you a great price for your equipment and help you find the equipment best suited for your goal.
Business Structure – If you have never owned a business before deciding the organizational type can be intimidating. It doesn’t need to be and there are resources available to help make this process painless.
Financing – Have you considered how you expect to pay for your facility? BR has team up with a fantastic finance company to help you get the money necessary to be successful.
Total Cost – Opening a BR can cost you from $50,000.00 to $500,000 and far beyond. We want you to make money and enjoy the process of being in business and sometimes our dreams do not align with reality. The BR team will help you adjust your choices based on your finances, your market and your goals, so that you can achieve just what you want. You will find that the small fee that we require will save you tens of thousands in branding, discounts all while improving your gross revenue and profit.
Offering – Body Renew offers our Licensees everything from a small Personal Training Suite environment to a full Health Club including Tanning, Personal Training, Group Exercise and Boot Camps. Decide what services and equipment will best help you and your members be successful.
Franchise VS License – This is one of the most important factors when considering your fitness brand. When you use a Franchise you are depending on their expertise alone in deciding what is best for your brand, your equipment, your location in you market. For some people letting someone else make those decision may be the way to go because it may be necessary for your success. With our Licensing program you will use our brand and have the OPTION of using our equipment vendors, our software, our pricing and so forth, but you will have the freedom to make any changes that you deem necessary for your success. In essence you get the best of both worlds, professional guidance with the choice to deviate!