I am transitioning into gym ownership and in the process of getting NASM certification as well as crossfit certification. Any advice as to strategy, venders, etc would be appreciated. I want to ensure having sufficient member numbers within 2 months of opening to cover both the costs of the gym and my salary. I will not have any employees.
Thank you for your response. I’ll be a little more clear. I have been working on this for some time and everything is in place for an Aug 15 opening. I have registered with the state, obtained an EIN, secured space which is currently being modified with a completion date if July 15, I have a business plan, gym specific software, pricing structure, developed a plan for equipment, eyc with the assistance of a vender, website will be up and running in 3 weeks, I have funds for all start up costs, but will need to keep working at my full time job until memberships equal enough to allow me to quit. My question is more of a marketing one. The demographic I’m going after is one that is dissatisfied with current options – those over 40. This will be a 24 hour electronically monitored facility. I plan to obtain liability insurance aug 1 when my equipment arrives.