I am considering opening a fitness facility that caters strictly to group exercise instructors. Rather than structuring the facility as a club, my thought is to rent professional exercise space and equipment to instructors on flat rate basis. I am thinking that this sort of arrangement could be advantageous to instructors as long as rental rates could be kept affordable. I am trying to run various issues out with this approach, but am curious whether this sort of studio-for-rent model is prevalent anywhere. I live in a very fitness conscious area and am not aware of any facilities using this sort of model. Is this something that has been tried and abandoned as unworkable already? What problems do you see with this sort of approach?
to me personally, such a concept is very appealing. MELT classes attract many participants, equipment is minimal, and space is the only requirement. A fixed rate for renting space per hour would definitely be attractive.