I would try to renegotiate unless you want to take the big investment of doing your own place. Plan on working a lot harder on the business die of it and it may take away from your training.
Your monthly rent for 1,300 sq feet would be from $15 sq foot (very cheap)to $30 sq foot. $1625 monthly to $3250. Don’t forget the triple net (taxes). that can range anywhere from $5 to $7 per square foot. Your rent just went up with taxes to $2166 to $3791 (hoping your taxes are at $5 sq foot-I pay $6.50 sq foot for taxes). Electric, phone, water, gas and other possible things like leases for equipment (TV, counter, office supplies, phone, printer, training equipment, etc…
If you got another trainer with good amount of clients to split cost, I would consider it. Make sure you do a contract with commitment from other trainer if you get that far. Now you are becoming a business person that is also doing training. I think it is worth it for some depending on your overall direction for your career.
I think you could negotiate (if you haven’t already) a %80-%20 split of your revenues (you keep the %80). I believe that is a fair split, since you don’t own the studio and all the fees that come with it. The other option for you is to completely leave the gym and train your clients at their location or home. You get to keep all the money and you will be eliminating all the going back and forth with the gym owner. You might have to invest little money to buy some equipment that you can take to your clients’ homes and then enjoy all the revenue for yourself.
I read all the previous answers and comments.
It is certainly fair for you to try to re-negotiate what you currently pay but do you have a fallback plan if the negotiations are not successful? True, the amount of money you pay each month is substantial but you do not have the risks that are associated with owning a studio (which you well know because you closed your own two years ago.)
30 hours per week or 120 hours per month x $65 per hour/session = $7800 gross per month x 25% = $1950 in fees, leaving $5850 in your pocket (not bad).
Based on your $1500-$2100 fees, you would be paying $1.15-$1.61 per square foot for using the 1300 square foot studio.
As you know owning your own studio comes with a price. Not knowing what the commercial price per square foot is in your area, I would renegotiate your fees or offer to pay a flat rate/rent. BTW…who proposed the 25% rate?
I train clients about 30 hours per week, so I’ve been paying the studio about $1500-$2100 per month. Mucho dinero… I could rent my own space for less! Since I have no written contract, I’d like to renegotiate something (and get it in writing). I can see charging a % to trainers who don’t have a clientele yet, but for me, it is insane to pay that much rent to someone else.