somemmafan Posted July 4, 2009 Report Share Posted July 4, 2009 Just curious what are the costs of opening a gym. what kinds of expenses. what kind of up keep for a smal gym of lets say 10-20 people? how much for an elite conditioning coach. just trying to get a feel for how much it costs Quote Link to comment Share on other sites More sharing options...
redos Posted July 4, 2009 Report Share Posted July 4, 2009 1 full elite coach will cost you 2750$ a week and 5500$ signing fee. then there is the cost to keep it clean wich is for 20 around 100-$ a week I think. so your weekly cost would be around 2900$ a week. wich so you would have to charge your customers 145$ just to pay for all that with 20 people Quote Link to comment Share on other sites More sharing options...
GripGambler Posted July 4, 2009 Report Share Posted July 4, 2009 Is there anywhere that has compiled a list of the weekly costs and signing bonuses for all the different coach combinations? I'm wanting to start a gym as well but I want to plan out all the finances before making the plunge, and as far as I can tell you can't find out any company expenses without actually starting the company. Quote Link to comment Share on other sites More sharing options...
backelie Posted July 4, 2009 Report Share Posted July 4, 2009 You can calculate them yourself: Base wages for any coach is $500, then it's +10 for 10 skill, +10+30 for 20 skill, +10+30+50 for 30 skill, etc. Signing fee is 2 * weekly wages. Quote Link to comment Share on other sites More sharing options...
Guest Posted July 5, 2009 Report Share Posted July 5, 2009 fairly expensive but with a decent amount of members and a decent price youll be staying above water Quote Link to comment Share on other sites More sharing options...
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