If people pay more for group-ex memberships than equipment memberships, you could add up the money for group-ex memberships to come up with your revenue piece. We used to have a $9.95 membership for just the gym and $19.95 for gym and classes. So we knew exactly what the group-ex was worth and who was buying it.
Then for your costs, you could allocate your rent and other indirect items based on square footage, and the director cost of instructor expenses, payroll taxes.
Hello Joan Thompson,
It sounds like your calculations are correct. You may need to charge more or have the clients pay per class attended. You could also charge a group rate of so many sessions in advance with a discount. The long term membership fee may not be the way to go. I like how you accommodate your clientele.
NAPS 2 B Fit
It’s an interesting concept. Many club owners would argue that it may be a challenge to ensure compliance. That may depend on the size of the membership of your club.
At present, I only teach at a studio where people pay per class with payment options of one-time drop-in to a 50-class package. This studio is highly specialized with an array of mind/body modalities.
We offer our memberships gym/classes or just gym alone, so members can do both or just use the gym. The majority of members that utilize the “with classes” membership mostly just take classes. Basically it’s the same as what you are used to clubs charging. We used to have the one rate like your used to hearing of but members would complain that they didn’t want classes & why should we have to pay the same rate so we increased the rate on people that take classes. Hope that makes sense.
Honestly I just wanted to compare how I charge for my classes to what other club owners do.