What would be the cost to open a 40,000SF weight lifting gym

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433 viewsMay 31, 2016

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Ralph May 31, 2016 0 Comments

There is a KMART that closed down in my area and I’m curious as to what the cost would be to convert it to a gym. It is 40,000SF. They have it as a lease for 9500 month but I would prefer to purchase.Everything would be on a loan but I’m curious as to what the numbers may be.

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score 0 · Answer 1

Hello Ralph Cabrera,
I understand your lease concern; two area gyms closed due to rising rent costs. My husband told me to buy a building, also; I chose not to; because, of small gym participant numbers. Make sure you have a solid client base, preferably signed up, to make this worthwhile. Do your homework and go with your gut instinct. Please let us know of your decision.

What would be the cost to open a 40,000SF weight lifting gym

4 Answers

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