Micro-gym site finding and startup expectations
I currently do mostly in-home training, but I'm considering getting my own small location (1,000 ish sf) to set up a micro-gym for 1 on 1 and small group training. I was wondering if anyone here has any experience with setting up a business of this type. Currently I'm looking around for a micro-warehouse type industrial space, to minimize rent, preferably with a garage door, to allow for easy movement of equipment outdoors in the warmer seasons, but there seems to be a lack of easy accessibility to listings of that sort on-line. So my main questions are how did you go about finding your space, and was there any unforeseen difficulties with starting up. I have a good concept of how my marketing and cash flow will look, but any feedback would be appreciated.
Good luck with your endeavor!
I would get a commercial real estate broker and ask your broker these detailed location questions and your requirements.
I'm sure you will get a list of what is available in your area via email.
And as always...have a sound business plan.
I saw that you also do in-home training. Have you thought about just keep doing the in-home training and keep all the revenue for yourself? Also, you won't have to worry about all of the legal and overhead issues that come with renting a space. Plus, you will be able to train clients at multiple locations, instead of trying to bring people to just one location.
I happen to visit a yoga studio a few days ago that was in just such a location as you are looking for. It had a garage door.
The owner of the studio mentioned problems with water seeping in, and it struck me as somewhat drafty. The thing that I would consider is also the types of businesses that are around the place. If you are like most personal trainers, then your clientele is predominantly female, and I myself would want to go to a place where there is business traffic when I go there.
Wish you success,
Would the warehouse have heat, a bathroom and proper flooring?
Warehouse locations tend to be off the beaten path, you want to make sure you have a good enough location for people to park and easily find you!
If you want to set up your own it may be easiest to store a bunch of equipment in your garage or large storage space and start up there.