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Budget your boxHow to set up a Crosstraining box
If your dream is to have your own box, gym or fitness room and see how many people improve their lifestyle to a healthier one through exercise, do not hesitate to contact Singular WOD . Here we will teach you everything you should consider before setting up a gym .
Not only do we have all the equipment you need but, even more importantly, we know how and when you need it.
Planning
We start with a consultation to review your project. We'll discuss the space, review project requirements, and discuss the types of training environments you want to create.
Proposal
After reviewing your project information, our facility designers create a design and equipment proposal, present a concept for your facility, and discuss any changes or revisions.
Facility
Once the plans are finalized, we place your order and schedule your delivery; If necessary, we can arrange installation.
BUDGET
How much does it cost to set up a box?
One of the first factors, and perhaps the most fundamental, is the budget. To set up a gym, a significant initial investment is needed, not only in machinery, but also in permits, payments and payrolls, among others. You should consider the initial budget with which you have and determine what type of gym is more favorable according to said budget. You should also keep in mind that there is a gym maintenance budget in which you must continually invest. Being aware of this will help you project you better in your gym as a business.
INCOME AND EXPENSES THAT A GYM HAS
As an owner you must have an administrative mentality and be aware that you will have to keep track of the gym's income and expenses. This is important, since being responsible in this sense will allow you to maintain the good economy and feasibility of the gym as a business.
INCOME
The gym's income will depend directly on the number of clients who sign up. That's why your focus as a business owner should be aimed at getting more people to sign up and pay monthly or annual tuition so that you can have that fixed income.
NUMBER OF CUSTOMERS
The number of clients is a piece of information that will help you be clear about what the demands of your gym will be.
In addition, this statistic can give you a clear projection of the profits that you can obtain according to the payment rates that you will put in your gym, the number of people who sign up and of course if these profits generate a return on investment. What do you need to keep your gym afloat?
OPERATIONAL EXPENSES
By this we mean the expenses that you will have to constantly make to keep the gym running smoothly. This mainly includes the maintenance of the facilities, the machines and expenses such as the payment of water services, electricity and local taxes.
We must not forget the salaries of employees and your own.
BUSINESS VIABILITY
For your business plan, you must calculate what income you need to make it profitable. To do this, you must start from your monthly or annual expenses and calculate the minimum necessary income with that. Once you have calculated the minimum income necessary to be profitable, you must play with the following variables to reach that amount: the number of clients and the fees to pay.
Before setting up a gym, it is important that you do all the research necessary to choose affordable services that ensure the proper functioning of your gym.
PRE-PLANNING
As well as in any project, it is important that there is prior planning on all the activities that will be carried out in the gym. You must foresee if you will have a large enough team of personal trainers for your customers and that other services can offer as an added value. For example, dance therapy, spa service, nutritional care, among others.
Also, make a schedule of these activities, help attract ideal users and that they have clear options since they have the first contact with the gym.
MARKET
Types of gyms on the market
There are different types of gyms on the market. All the investment you need as well as the projection related to facilities and services that you will provide will depend on the type of Gym you want to set up. Below we show you the best known on the market.
FUNCTIONAL TRAINING STUDIES
These studies are dedicated to training based on activities of daily living so that the person can replicate these movements in their daily routine. For this reason, simpler structures are used, with bars, cages and benches being very common.
BOUTIQUE CENTERS
They are gyms that focus on a single specialty, normally the space in these gyms is small and appointments are usually scheduled to be able to train.
LOW COST CENTERS
Low-cost gyms, as their name indicates, are those that prioritize economy and customer accessibility. In these gyms, some services are sacrificed while still offering quality. Generally payments are per attendance and not monthly.
PREMIUM GYMS
Premium gyms are generally dedicated to offering the best possible service to their customers, this includes installing the best machinery, the most exclusive structures and plans with options that improve the customer experience. This of course makes them more exclusive and obviously increases the cost per registration.
LARGE PUBLIC OR PRIVATE FACILITIES
They are gyms designed for installations in large quantities and therefore are projected to receive many clients. They usually have modern machinery and all specialties. Whether public or private, these types of facilities specialize in offering a complete service where users can exercise different parts of their body. Some examples that may inspire you:
CROSSFIT BOX
CrossFit has become a discipline and currently a sport practiced by more and more people. Currently, there are gyms called Box, which are dedicated to training this modility. These have special elements and structures for this type of routines that mix strength with resistance. So if you want to set up a CrossFit box you must take all that into account.
POWERED BY SW CENTERS
Crossfit Colen
Free Move Crossfit
STUDY DISTRICT
Crossfit Montequinto
Cf the quarries
Crossfit Galatea
FINANCING UP TO 36 MONTHS
SHIPPING IN 2/3 DAYS
2 YEARS WARRANTY