Originally Posted by
Jeff Leonard
I work out in a 300 square foot "private" gym. Seven of us all split the rent, but I have purchased most of the equipment, not a big deal as it was my idea to start it. It is 5 minutes from my house and it works great for all of us. All in all, it is a great way to train, just make sure that you have the right group of people, and the smaller the group the better.
As far as opening a gym, I was thinking of this today. I don't know how some of the folks on this forum do it, and make any money doing it. Rip, you said on one of your podcasts that every SS coach was busy, but how many of them do you know that are making a decent income owning a gym? When you figure overhead, equipment, legal and insurance expenses and all of the other hard cost of business items, are there gym owners making more than $50k a year net? I am sure everyone who gets on here thinks it would be all fun and games to own a gym, but t some point you gotta make an income.