Small business ideas: How to start a gym business

 


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Today's generation gives special importance to health and fitness. And gym is one such business. By which you can take complete care of your health. It is said that health brings prosperity in life. It means If you take care of your health, you can live a good life. You will always be healthy and fit and your mind will be sharp and your ability to think and understand will be enhanced.


What is a gym?

A gym is a place where everyone can keep their body healthy through exercise. People can use any time in their daily routine to go to the gym. Simply put, a gym is a place. Where we can keep ourselves healthy and fit by exercising.


Which location would be suitable for a gym business?

Before opening the gym, you need to choose the most important location. To start a gym business, we need to find a place where there is a lot of traffic like a market or a college or any place where people come and go. To open a good gym we need at least 2000 to 2500 area. square feet. Plot required. The rest of the seats can be more or less according to your budget. But opening a gym business requires more space.


Machines needed to open a gym

If you open a general gym. So for that, you need at least 15 machines. Machines are needed to run a gym. Trend Mill, Bench Press, Leg Press, Lat Pull Down, Butterfly, Pack Dec, Cable Crossover, Dip Bar, Preacher Bench, Situp Bench, Two Normal Bench, Yoga Mat, Skipping Rope, Rod, Double Stand, etc. are important.


The most expensive of these machines is the trend mill because trends run on mills. Buying good trade milk for business can cost up to ₹ 100,000. Inexpensive treadmills are perfect for the home. But business needs a good treadmill.


Apart from this, you will need many other things like lights, a music system, and interior decoration, etc. For this, you need to invest a little. Many of the machines in the gym can also be manufactured locally. But if you use the local machine. Still need to be a little careful about the quality.


Where to buy a gym machine?

You can buy gym machines from big companies. There are many big showrooms in cities, which manufacture modern machines for gyms. And sell their machines there. Many people also make local machines.


You can also go online and buy a machine for the gym. On the internet, you can find information about different types of companies and you can also buy the machine at a low price according to your convenience by checking different rates on many websites. Good things are often available to offer online.


Investment and savings to open a gym

To start a gym business, you must have maximum capital as you cannot open a gym in a small format. You need to spend 80 to 90 lakh rupees to start a gym business. The area should be approximately 2500 to 3000 square feet. Hence your investment can range from Rs.50 to Rs.8000000. Because along with the space, the cost of interiors, equipment, marketing advertising costs, and many other costs are also involved. Let's look at one month's expenses. If you start a business of opening a gym, you will have to pay ₹ 15000 per month as rent, so if you own the place you take, it is fine. If you rent, the minimum rent can be ₹15000 per month. Besides electricity bill of ₹10000 and salary of ₹15000 for trainer and ₹10000 for other employees ₹10000 for 1 month expenses. Around ₹ 50000. Along with this, you have to add ₹ 20000 for the machine separately. This means your monthly expenses can be around ₹70000. If you can train yourself, you can save ₹ 15000 to ₹ 20000.


So if you want to start this business, the minimum cost is 80 to 90 lakh rupees. Small gyms are not open as this business is running on a large scale. You can go to any gym and check its fees. You can keep your gym charges accordingly. If we look closely, the minimum gym fee is around ₹ 1000 per month.


If you have 200 people coming regularly to your gym, you get ₹ 200000 from this. Even if your monthly expenses exceed ₹ 100,000, you can easily save ₹ 1 lakh. Along with this, you have to keep in mind that you should maintain this maintenance.


You may know that a minimum capital of 80 to 90 lakh rupees is required to start a gym. If you don't have that much money then you can also take loan help from the bank. These days the government is providing loans to new startups at low rates.


Marketing the gym

Marketing is very important for you when you start a business. If you don't promote your business, how will people know about your new business? If no one knows, you won't make a profit and you will lose customers. Your income will be better only if you get more customers. You are necessary. You should advertise your gym and fitness center in a way that will attract people.


For this, you can also make big hoardings and put them up in different places. Nowadays no one does not use social media platforms. So social media platform has become a very good medium for marketing any type of business nowadays.


Along with this, you can also advertise yourself in local news channels and newspapers and distribute pamphlets. You can advertise your gym yourself by going from place to place. Apart from this promotion in colleges and hospitals will be very beneficial for you. There are many patients in the hospital. You can persuade them to come to your center by telling them about the benefits of fitness. You can attract people to your gym by offering additional facilities like steam bath, and dietician facilities.


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