How Much Does it Cost to Start a Gym? Best Software for Gym Owners? - Q & A with Brett Summers

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Top Line Gym

Top Line Gym

Күн бұрын

0:00 Intro
0:26 Keeping up with routines/relationships when you're successful
2:01 Best gym software recommendations?
2:41 How to get serious, paying clients? How to sell personal training
3:48 How do you know when it's time to close a business?
4:20 Most functional equipment to buy starting out?
5:20 Am I too old to start in this business?
6:05 Starting a gym from scratch in Guam, equipment, financing, how to start
8:16 How much did it cost to get started? Did you get a loan or save for everything?
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Пікірлер: 14
@DR19346
@DR19346 Жыл бұрын
I randomly came across this video and it was amazing! Great work!
@BrettSummersGym
@BrettSummersGym Жыл бұрын
appreciate you! -B
@midnightaustin9287
@midnightaustin9287 Жыл бұрын
i plan to tackle this gym business, can you make a video about gym location? what is the criteria for a good gym location i mean area wise like parking is ofc a consideration, but about the type of location good for gym
@OCUBOX
@OCUBOX 11 ай бұрын
That’s insane when you think about it.. they’ll give 100K on a possible degree you’ll never use, but not to get your business started…damn!
@Xpert2077
@Xpert2077 Жыл бұрын
One thing I've noticed from your videos. The things you say to do can not apply to everyone. I live in a town where there are 3 gyms. One is a pure fitness franchise doesn't specialize in anything and owned by people who have lived here generations. Another is a pos dump, and another is focused on family stuff. I can't rent anything from them, so my only option is to start from scratch. What would I do in this case?
@KtuluLeaderRise
@KtuluLeaderRise 2 жыл бұрын
Hey man I have one question, I’m not a trainer but I am an entrepreneur and I want to start a gym as a business. I want it to be more like a smaller commercial gym maybe 1500sf where the main income would be memberships training will be available but it would be from someone I hire. I guess I’m looking more at it in a business side of it. I love to workout and I love the industry but I know I can’t train people and I don’t wanna train people. What do you think? I’m willing to invest $50-80k for equipment and whatever is required to get started.
@BrettSummersGym
@BrettSummersGym 2 жыл бұрын
What ROI are you looking at on a $50-$60K investment. 5%…. 10%+?
@KtuluLeaderRise
@KtuluLeaderRise 2 жыл бұрын
@@BrettSummersGym tbh e 50-60k would be just to start the business, as long as there’s profit at the end to where we can grow it with time. I have a few other source of income so I would be putting everything back into the business for the first year or two.
@BrettSummersGym
@BrettSummersGym 2 жыл бұрын
@@KtuluLeaderRise it would be nearly impossible to stuff $80K+ equipment into a 1500 sq ft space, and it would also be a challenge to do a member (not training) based facility in a 1,500sq ft space. Outside of that, if you have a proven business model that cash flows, it’s obviously been a market proven to work. Gotta admit, the concept scares me a bit but I’m a coward when it comes to money and only like to invest when I have a target and predictable way to cashflow.
@heatherashley1235
@heatherashley1235 Жыл бұрын
@@BrettSummersGym if someone was trying to start a smallish member based gym that was going to be open 22-24 hrs a day, more self serve, what's the minimum sq ft you'd need? And what's the minimum equipment you could start out with, then grow to fit what direction your clientele is desiring?
@BrettSummersGym
@BrettSummersGym Жыл бұрын
@@heatherashley1235 I'd say a min of 2,500-3,000 square feet. And that will be a tight fit. -Brett
@Tray.12
@Tray.12 Жыл бұрын
Hi Top Line, I’m a 17 year old who wants to start his own gym and help others lose weight just as I’ve done myself. Do you have any advice for what courses I should look into during college and what would be a good first course of action once I know the knowledge?
@BrettSummersGym
@BrettSummersGym Жыл бұрын
Watch every one of my free videos on this channel. Its under the playlist "The Brett Summers Show". Much better investment than school.
@woa_mark7408
@woa_mark7408 2 ай бұрын
You wore Abercrombie and fitch😂 really broke
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