Anyone have any experience adding a bouldering wall or rock climbing area to a gym that was primarily fitness oriented? (i.e. not a climbing gym, but a regular gym with a smaller climbing area.) I am looking for tips/resources on creating profitability, rough insurance costs, etc for such an additional. Did it work for you?
I am a fitness gym owner with approximately 4,000 sq foot facility and at one point I did consider this type of addition. I ultimately decided not to go through with it because there were insurance issues with continuing coverage that I carried.
Although I decided not put this addition in myself, that should not discourage you. At that point in my business ownership, I simply did not have the additional energy to do everything that needed to be done.
Once you do get quotes from your insurance company and written assurance that they will continue coverage and get all appropriate liability waivers written from an attorney in your area, it would still be a good idea to speak to other fitness gym owners in your area that have followed through with this addition.
Depending on how much money you decide to spend on your climbing wall, you may want to charge an added membership cost, per-use fee, or simply include it with gym membership. You will have to make that decision based on the cost of the wall and the added cost of insurance.
I did write an article that goes into more depth about my own perspective of adding a climbing wall to your fitness facility: http://blog.gyminsight.com/2013/02/should-you-add-a-climbing-wall-to-you…
Wish you the best with your ultimate decision.
Best in Health,