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Open a gym

  • 27-08-2024 12:19pm
    #1
    Registered Users, Registered Users 2 Posts: 1


    Hi guys, I have recently graduated as a PT and group instructor, I want to start giving group classes, what are the steps I need to follow, if I get a place to rent and a loan for the equipment I need, what else should I do? do I have to get any license or talk to Local enterprise board?
    I’d appreciate your help 🍀

    Post edited by Big Bag of Chips on


Comments

  • Registered Users, Registered Users 2 Posts: 7,739 ✭✭✭whippet


    There is quite a bit to consider:

    • Insurance (won't be cheap i'd imagine)
    • Electricity, rates, water etc
    • Finance - what will the total monthly outgoings be across all utilities, loan repayments and expenses
    • How many hours of paying PT work would be your capacity (30 per week to allow time for running the business)
    • Facilities - cleaning, maintenance, fit out
    • How does 30 hours of PT per week fit in financially - at €40 per hour .. that is €1200 per week before tax etc. Will that cover all expenses and offer a decent living wage ?

    As for licenses etc … none needed; anyone can call themselves a PT or Coach; but continuous professional development is important in almost all careers and this comes with a time & financial cost.

    I'm not saying it isn't possible - just it is hard to make something like this work and you need to go in to anything with eyes wide open



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    The answer to your last question is quite clearly no. It seems to be a more expensive way to to have less time for work

    If going that route, an alternate income stream is a must.



  • Registered Users, Registered Users 2 Posts: 7,739 ✭✭✭whippet


    that is why you have a huge uptake in 'online coaching' which for the most part is just PTs sending out generic templates for 3-4 gym sessions a week, boiler plate food plan and some whatapp messages and maybe a zoom call. This is the side bar income.



  • Registered Users, Registered Users 2 Posts: 1,443 ✭✭✭Cill94


    As someone who’s worked in the industry for 10 years and seen many gyms come and go, I would strongly recommend against doing this until you:

    1) Have worked in a successful gym to see what goes into it

    2) Establish a significant client base so you have demand

    The average gym goes out of business in 1-2 years if I recall right. It’s not something to jump into.



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    he said group training €15 per hour at 10 per class = €150 *30 =€4,500per week



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  • Registered Users, Registered Users 2 Posts: 7,739 ✭✭✭whippet


    30 group classes per week with 10 in each class - that would be an ideal business but in reality as likely as a pink unicorn winning the grand national.



  • Registered Users, Registered Users 2 Posts: 1,783 ✭✭✭JVince


    Talk to other gyms outside the area you plan to do business in.

    Most businesses are happy to chat to others in the same field once it does not affect their business.

    Good gym in Naas. FitFun. Simple model of classes and PT run by two lads and very busy too, esp mother & baby classes.



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    I’m honestly not sure if that’s a serious suggestion. I mean, when woukd these classes be on, and full.


    But if it is, the fact that such an optimistic scenario is still pretty awful says it all.



  • Registered Users, Registered Users 2 Posts: 17,769 ✭✭✭✭Mr. CooL ICE


    COH here opened his own gym and it seems to be a success. However, he had been in the industry for what, 10-15 years at that point and already had a decent client base.

    OP is fresh out of a course and has no mention of being in the industry beforehand. I'm not saying it won't work out, but it's unlikely.



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    The lad up the road from me runs group training. BO7.ie €45 a week for three classes and has about 150 clients. Runs them mainly in the morning lunch and evening.
    he’s after taking on some extra trainers to increase the amount of classes

    Post edited by ted1 on


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  • Moderators, Sports Moderators Posts: 3,337 Mod ✭✭✭✭Black Sheep


    I think the fact that you have these queries, OP, and ask them here, strongly suggests you should take a job with all an established business in the first instance, and put some time in, learning from them.



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    They have multiple people to cover the long hours. “When” are these classes was the question above.
    30 classes would be 2-3 every morning, evening, Saturday and Sunday. That’s now feasible for 1 person. Not to mention he needs a member base to fill these classes



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    as I said classes are in the morning, lunch and evening. He does a lot of hours but is handsomely rewarded. He’s taking on trainers now to add more classes and reduce his work load.

    You can see the timetable here.

    You pick a good location with good passing trade and build your member base.
    you put in the hard work, you bring in staff when you need it.

    All startup business need long hours put in



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    I seen the timetable. It works with multiple people. Not with one.

    To cover those time you’d have to be doing 12 hours a day, 5 days a week plus weekends. That’s a ridiculous business plan for somebody with zero experience and zero existing clients.



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    that’s because the business has grown to the state where they added more classes , more clients. And more profits. For the first 2 years it was just 1 trainer and 150.clients paying €45 a week with a class size of up to 11.



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    So all OP needs is 150 clients. Will to work with to a 1 man schedule. Should be a breezy with all the experience he has



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    no he’s first need 150 clients. That’s €6,760 a week, is an example that it’s possible and people are doing it. . 50 clients will give €2,250 a week which should be €1000 a week after costs. He can grow it.

    Much more realistic. Than he figure which was giving which totally ignored the group part.



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    50 clients, coming 3 times a week, all classes full is €2,250. As above, the idealism is unrealistic.

    The reason most gym start ups fail is thinking the above is their likely income.



  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    They don’t have to come 3 times a week. They pay €45 a week for up to 3 classes. …



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor


    nobody is pay OP €45 for 1 or 2 classes. Even a PAYG €15 per class is a stretch for little to no experience



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  • Registered Users, Registered Users 2 Posts: 24,102 ✭✭✭✭ted1


    who says he has now experience, he just qualified but may have years of experience.



  • Registered Users, Registered Users 2 Posts: 40,225 ✭✭✭✭Mellor




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