Is owning a gym a good business?

eldavis

Very Familiar
Member
Sep 4, 2022
15,069
664
Dex
$0.000
Raw Dex
$6.086
It is a good business in big cities in my country. You cannot succeed with this in middle class settlements because most of the young people have built their own improvised gyms at their bank yard.
Very true, same here most people who make use of the gym are does in GRA and the likes. People in lower classes do not really see any need in going to the gym, they consider it a waste of time.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Stardom22

Very Familiar
Member
Sep 1, 2022
13,227
565
Dex
$4.300
Raw Dex
$0.317
Unfortunately the business can do well in only specific areas. However in the rural areas where the youths are found in larger numbers the business can't do well at all these ares.
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,069
664
Dex
$0.000
Raw Dex
$6.086
Unfortunately the business can do well in only specific areas. However in the rural areas where the youths are found in larger numbers the business can't do well at all these ares.
Yes this business highly relies on location. For it to work, you need the right location, if not you would end up running in losses. Once you have been able to find the right location for the business, you would definitely make lots of profits.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,227
565
Dex
$4.300
Raw Dex
$0.317
The business has now skyrocketed with alot of people patronising the urge to become physically fit which has been triggered by the consumption of the inorganic and junk foods that cause unnecessary gaining of body weights.
 

SHAHID987

Notable
Member
Nov 15, 2022
3,918
228
Dex
$3.625
Raw Dex
$0.043
It is business of demand here as people are health conscious, but one need to make set up with more and more capital, and use neat and clean machines of exercise.
 

AruneBend

Notable
Member
Apr 23, 2023
4,217
209
Dex
$0.000
Raw Dex
$3.198
Any bussiness can be good one the most important thing is managment gym is popular many peaple go to the gym to talk with friends or just do workouts these days they are popular
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,069
664
Dex
$0.000
Raw Dex
$6.086
Any bussiness can be good one the most important thing is managment gym is popular many peaple go to the gym to talk with friends or just do workouts these days they are popular
You have a point though, in as much as the location matters a lot when it comes to the performance of the gym, management also plays a huge role as well.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
In

In a matter of fact,. the gym must be located in a the densely populated areas, towns and urban centres to be precised seems to have a good market for the gym.
Gyms are not always overcrowded. So, I don't see this as a point in what's going to make you make money from gym.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,825
318
Dex
$0.000
Raw Dex
$0.100
It is important to note that most poor people do not need to carry out physical exercises in a gym. The reason is that the daily schedules of these individuals typically involve performing strenuous activities that aid in boosting the strength of their muscles.
This is very true. Most of them even have makeshift gyms with stones and benches at home. Gyms in my country are an exclusive for the elites as most average people won't want to spend money on gym fees.
 

gwolf666

Unfamiliar
Member
Sep 12, 2024
151
6
Dex
$1.842
Raw Dex
$0.161
With the quest of many trying to gain physical fitness and good shape of the body, there by making lot of people to register for gyming sections at an available gyming center.
Though it is hard to find out a place to establish a gym center as the cost of a section with a gyming center is not something that anybody would wake up one day and start.
Good question, I think yes, who doesn't want to go to the gym and look their best nowadays? I'm sure the majority of people are, but of course, it all depends on the area it is located and many other factors, but personally whenever I pass by a gym I always see that there are people like that, it must be a good business.
 
Back
Top