Hey guys. Just wondering the size of the gym is that you attend in relation to the size of the region? Wife and I are looking into opening a gym in a smaller community of roughly 5000. There’s a 3500sq ft spot up for lease right now but unsure if it’s big enough. I’ve been out of a commercial gym since covid now just training in the home gym we built, but before then, any gym I’ve ever been to was a big box gym so around 10,000sq ft and up. The plan is for the gym to be your typical gym with free weights, machines and cardio. Not really interested in classes since for 1) smaller space and 2) never been interested in running classes. Just looking to gain some information into what some of you guys prefer.
I live in a small town (10k pop in the incorporated area and probably another 40k in the unincorporated). We had a Golds, have a Planet Fitness, a few Cross-fit gyms, Anytime Fitness and a few locally owned gyms.
I used to work out in a 3500-4000 sq ft hardcore gym in a commercial storage facility.....loved it! Membership was low, could work out when I wanted, blast music as loud as I wanted at any time. It's all about positioning the equipment to maximize space, they did great. BUT, it was a meathead gym. They held and still hold power lifting comps. There was nothing fancy about it
It all depends on the type of client you want. Cardio machines will eat up space. If you're looking to start & stay small membership wise for a while, you won't need much cardio equipment.
That said, are you looking to make this your family's primary source of income? If so, how long until you want that to be the case?
Any other gyms in your area? If so, what's their set up like and how many members?
As said before, PT is going to be your money maker.
I think you need to find out who you're targeting for clients and assess from there.