Could you give us a little bit more information? What type of square footage are you talking about, are you starting from scratch or a pre-existing building? Once you have a little bit more information, I can give you a little bit better info. Thank you.
Best of luck,
Good answers. Your question is quite open-ended, as the responses indicate. As Michael suggests, a good first step is to develop a comprehensive business plan based on what type of facility you want to build and market. Who is your potential client base? What do anticipate your staffing needs to be? What kind of and how much equipment do want to have in the facility? Lots of important, specific questions you need to address completely as you put your business plan together.
There are a lot of factors and variables that change in the process. The landlord with the build out can even change this drastically. The build out will usually cost a regular fitness center at $20 (white box) sq ft to $30 a square (pretty nice build out). Crossfit would be cheaper or even cheaper to find a space that has already been built out somewhat.
*Equipment leases-Down payments are usually 10 to 20% total cost for start ups
*Insurance-need this pretty quickly
*payroll for pre sales
Usually have to pay during build out:
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