Gym Or Fitness Center Business Ideas | How to Start a Gym Business
People's lifestyle is changing. Because of this, diseases are increasing inside the people. To reduce these diseases, it is necessary to exercise. Due to less space in the houses, people are not able to exercise at home. That's why they have carved out a new option and that is gym. This is the place where a person can spend a few hours of his day and feel fresh throughout the day. This is the reason why the demand of gym has increased rapidly and the scope of gym business has also increased. So you can also do this business, know further how and in how much gym business can be started.
Are you looking to start your own gym and looking for a gym business plan?
If you have no idea where to start, you have come to the right place. In this article, we will give you complete information about gym business from beginning to end.
The fitness industry in India has grown at a rapid pace in the recent times, owing to the interest of the people as well as the government initiatives. As you must be aware that the Fit India Movement was started by Prime Minister Narendra Modi in the year 2019, after which Indians have become more conscious about their health and they have started paying attention to their lifestyle. have make.
However, the idea of having a healthy body is nothing new to Indians – yoga and desi akhadas found in villages have always been a part of our culture since time immemorial. But due to the lack of time and urbanization of many people, people have gone away from all these and have started giving more importance to the modern gym. Gym business has started flourishing in cities as well as villages, due to which the profit potential of this business has also seen an increase.
Opening a new gym takes a lot of planning, and it's easy to do when you follow all the procedures correctly. This is such a business in which you can earn big money by investing once. Let us know how much and how to start Gym Business.
What is gym?
The physical fitness of a person is linked to the gym. Gym is a place where we can keep ourselves fit with the help of machines or exercises. People can schedule any time of their day to go to the gym. The owner of the gym also gives training to his customers in the gym. If it is said in simple language, a place where we exercise and keep ourselves healthy is called gym. The time to exercise in the gym is at least 2 to 4 hours. Today's generation is increasing itself towards yoga and spiritual growth, that's why you will find gyms and yoga centers everywhere. Now let's talk in detail about how you can open a gym.
How to start gym business?
How to open gym?
Gym Business Plan: Hello friends, today we are going to talk about how to start gym business in this article. Today's generation takes great care of their health and fitness. Gym is such a business, because of which you can take full care of your health and health and it is also said, agar jaan hai to jahaan hai i.e. if you take good care of your health, stay fit then you will have a good life. Can live You can always be fit and your mind maintains the power to think and understand.
About how you can start the business of opening a gym?, how much money you need to invest in it?, at which place you can open a gym?, what machines are needed to open a gym?, etc. Will give you detailed information.
If you are thinking of opening a gym, then you must have complete information related to opening a gym. Like what is the age to start gym. What are the items required in the gym, what is the fee of the gym trainer. It is very important for you to know about which proteins are required for the gym, etc.
To start gym business in India, you have to do some research. For example: in which area the gym is going to be opened, how much the customer of that area is able to pay in the gym, the cost of exercise equipments, registration of the gym, etc.
Although, there is no fixed limit to invest in this business, but on an average the cost of opening a gym comes to around 5 to 10 lakh rupees.
What kind of gym do you want to open?
Type of Gyms
Come on, you have selected the right market, but now you have to see what kind of gym to make. There are generally two types of gyms available in the market:
The first type of gym has traditional bodybuilding, in which cardio machines are also available along with weight training. People who want to make body choose this type of gym. You will find this type of gym in most parts of India as it is very popular among common people.
In the second type, you will get to see fitness centers or fitness clubs. These are quite different from traditional gyms in that they do not include activities such as weight lifting. In this, you will get to see training like Zumba classes, aerobics or martial arts. Those people go in these whose aim is to keep their body just fit.
Therefore, whatever type you choose, keep in mind whether your target customers like it or not.
First of all you have to make sure what type of gym you want to open. Because there are two types of gyms, first one is gym, which provides facilities like cardio equipments and weight lifting etc. This gym is opened to provide training for weight loss, body building etc.
There is a second number, in which fitness centers mean weight loss, weight gain, yoga, aerobics, martial arts, asanas, etc. are taught. The fitness center business can be a bit more expensive than a gym. Whether it is a gym or a fitness center, experience is essential for both.
how to start gym without money
Although it is not possible to start any business without money, but still here we are telling some such ways by which you can start your own gym without money.
If you are short of money and you have good knowledge and experience of all these things, then you can rent some space in a gym or fitness center and do your work. Apart from this, you can also provide gym training to people by visiting their homes.
If you want to work in this field, then you can also do a trainee job in a good and famous gym or fitness center.
Apart from all this, you can start your own fitness center at a very small level in your home without any modern equipment. Here you can train your student with yoga, different asanas and aerobics and different dance forms.
If you want, in the beginning, you can take your class in the garden of different colonies in the morning, in which you can give yoga training to people of every class. Yoga is the initial means by which our ancestors lived fit and healthy, even today it is very much in vogue which you can use, but for this it is necessary that you get complete and correct knowledge of it.
How to open a Franchisee Gym?
Before starting a franchise gym, you need to consider the type and format of the gym. There are mainly two categories of gyms available in India:
>> Weight lifting, gym and gym with cardio equipment: This is a popular type of gym. It has equipment for weight lifting, cardio and gym through which gymming is done. In this, training is given to reduce weight, make body for boys etc. For this, it is very important for the instructor to have knowledge and understanding of all these things and machines.
> Fitness Center: This is a little expensive type of gym, in which training related to weight gain, loss and healthy living is given. Aerobics, yoga, different types of asanas, martial arts etc. are included in this type of gym. That's why it is necessary that the coach should also have a good knowledge of all these things.
It completely depends on you and your location that what kind of gym you want to start. But before starting any kind of gym, you must have complete knowledge of it. Remember that the investment required to start any kind of gym is huge, so it is necessary to think carefully before arriving at any decision.
gym set up
>> Gym or fitness center is such an industry in which you need huge investment. That's why it is necessary that you prepare a plan related to your business center properly and take advice and other discussions from a senior person in this area.
>> When your plan is prepared properly, then your next task is to prepare a complete list of your investment. This will give you an idea of how much money you have to manage.
>> Now you should complete the process of all the licenses required for your gym or franchisee and along with this the process of local registration should also be done.
Gym or fitness center is such an industry in which you need huge investment. That's why it is necessary that you first prepare a plan related to your business center properly and take advice and other discussions from a senior person in this area.
When your plan is prepared properly, then your next task is to prepare a complete list of your investment. This will give you an idea of how much money you have to manage.
Now you should process all the licenses required for your gym or franchisee. And along with this the process of local registration should also be done.
After this, you should get the information and price of all the equipment used in your gym. Some companies ask for equipment training and deposits for other equipment, so it is important that you know about it beforehand.
If you want a loan for your business, then it is necessary that you go to various banks and get information related to it and apply for it. Nowadays, many types of schemes are also being run by the government, through which you can take a loan at a low cost for your new startup. If you want, you can get information about it as well.
After managing all these things, you can start your business, but still you will need a lot of hard work and dedication to run it. Only then you can be successful in your purpose.
how to get gym license in india
The approval of the local police department is required to start your gym or fitness center in India. For this you can apply online or you can personally contact your local police department, if everything goes well then they give you NOC.
You need a Police NOC to get your gym license. You can apply it either in person or online. You can get more information about this by visiting your local police department.
You need Police NOC to get your gym license or to set up your gym in India. It is essential for every person who wants to set up their own gym or fitness center in India. You can apply it either personally or online. If you live in a small town, then it is possible for you to run the race, but if you live in a big city, then it would be better to go to the personal race, that you do this process online. You can get more information about this by visiting your local police department.
How to register a gym in India?
You can register the gym business in India as a Proprietorship Firm or a Private Limited Firm. If you choose this type of firm, then if for some reason your gym does not run in future, then you will be able to sell it easily.
If you want to run your own gym, then the option of OPC registration (One Person Company) will be right for you.
Note: Before choosing any type of firm, contact a Chartered Accountant, he will be able to give you solution to these complex problems through legal way.
According to the rules, registration is necessary to open a gym. The gym is registered under Small Scale Industry. For this, you have to get the form from the industry department of the district and all the rules are also mentioned in the form. When you complete the work of this form, then you get the license to open the gym from there.
First of all, you are given a temporary license for this. After some time you can also apply for a permanent license. If seen nowadays, all the work is done online, that is why its arrangement has also been done online. Due to the online facility, you can avoid the rush.
>> If you want to start a gym, then first of all you have to ensure a good place for it. First of all, you should calculate the cost involved in this, only when you are sure of this, do further planning.
>> The Indian government provides you the registration of the gym as a limited or private limited firm only. This gives you protection from promoters and transferability. When you have transferability, you also have the right to sell the gym to someone else if it doesn't do well.
If you want to start a gym then you must first ensure a good place for it. First of all, you should calculate the cost involved in this, only when you are sure of this, do further planning. Indian government provides you gym registration as limited or private limited firm only. This gives you protection from promoters and transferability. When you have transferability, you also have the right to sell the gym to someone else if it doesn't do well.
SSI Registration
You have to register your gym in your nearest taluka under Small Scale Industry in India. This gives you your license and another level of security in the future.
Registration process to open a gym (Gym Registration Process in India)
Gym is not covered under industrial units, so initially you have to apply for its registration on provisional basis. When your application for this is processed, you are provided with a temporary provisional certificate by the government.
When your gym starts and the business is set up, you can apply for a permanent license for it.
When you apply for permanent license then you should take care of the following points (Incase of applying for permanent registration you may have to consider following points.)
If you have got other approvals including NOC, then only you are eligible to get permanent license. You must complete all the formalities at the local level before applying for a permanent license.
You will need to give details of the investment made for all the equipment and space of your gym as well as all other investments.
If your gym's annual turnover is more than 9 lakhs, then it will be mandatory for you to apply for service tax.
Marketing strategy
Local Market Research
The most important thing is to choose the right market. This research makes any business successful or unsuccessful and no gym business plan is complete without a market analysis.
You have to find out that wherever you want to open a gym, most of the age group people live there. This is a very important step, because opening a gym where there are more senior citizens will not prove to be good because they mostly believe in doing yoga or walking.
You have to target people from 16 years to 45 years, because people of this age group like to exercise more. Where there is more youth, there are more chances of running of gym. That's why definitely keep this in mind.
Marketing is the most important thing for any business, without it the development of your business becomes difficult. In some points below, we are telling you some methods of marketing which will be useful for you.
One of the most popular methods of marketing any gym or fitness center is multiple offers. You can attract your regular customers by offering annual packages or by offering some attractive schemes to new customers.
Apart from this, you can also promote your center by advertising on your local news channel or by distributing pamphlets. You can also promote yourself through various attractive hoardings.
If you want, you can also promote yourself in different colleges. Hospital is the best place for promotion for fitness center. You can go here and promote your center by telling the benefits of fitness to different patients.
Apart from this, you can also promote yourself by giving additional facilities like steam bath, dietician facility etc. in your gym.
marketing the gym
How to promote and market the gym?
Whenever you start a business, it is very important for you to do marketing, whether the business is small or big. If you do not do marketing then people will not be able to know about your business. If no one comes to know then you will not get profit and customers will also come less. If more customers come to you, then only your income will be good. You need to promote your gym and fitness center in such a way that it attracts people.
For this, you can also make big hoardings and get them installed at different places. You can also promote on social media. Along with this, you can also give your advertisement in local news channels and newspapers and also distribute pamphlets. Word of mouth and local advertising are the two primary ways to get new memberships. You can also advertise in the local news paper of your city and offer a discount for first time members. Nowadays it is the time of social media, you can also use it to attract the people of your city and locality. Once people start coming to your gym, after that they themselves will tell their friend or relative about your gym and this process will continue.
Market area For Gym Business
Your target customers can be from the corporate sector, who want to keep some time apart from their busy routine for exercise.
Apart from corporate related individuals and businessmen, you can also attract housewives and gents to come to your gym.
Apart from all this, you can also invite players and such youths for training in your gym, who are preparing for various exams and want fitness training.
Decide the GYM Location
The most important thing is to choose the location because you can open it anywhere, even in a street. But it is not necessary that you have to have parking facility there as well, you can start it on any floor.
A plot of at least 2000 to 2500 square feet is required to open a good gym. Rest of the space may be slightly less or more according to your budget, but it is necessary to have more space.
You would not want to open your gym in such a place where gym is already available. Because their customer base is already established there and it will not be easy for any new gym business to compete with them. Choose a place where there are few or no gyms.
Apart from this, choose a place where your customers can easily reach and do not have much trouble finding it. Gym is a business in which good location depends a lot.
It's important to build or rent a gym in a location that's as close to a neighborhood as possible, so you'll be able to attract people from the neighborhood. Most people prefer to have a gym that they can reach quickly, so placing your gym as close to the neighborhood as possible is the smartest placement choice.
Machines required to open gym
If you open a normal gym then you need at least 15 machines for that. Machines required to run a gym include tread mill, bench press, leg press, lat pull down, butterfly, pack deck, cable crossover, dip bar, preacher bench, situp bench, two normal benches, yoga mat, skipping Rope, rod, double stand etc. are important.
The most expensive of these machines is the trend mill, because the trends run on the mill. If better trade milk is bought for business, then its cost is around ₹ 100000. The low cost treadmills are good for home. But business requires a good treadmill.
Apart from this, you will need many other things, such as light music system and interior decoration, etc. You will have to invest a little bit. Many machines in the gym can also be made locally. But even if you use local machines, you still need to take care of the quality.
List of essential gym equipments
Finding the right equipment can prove difficult if you are new to the business. This is a big investment and you have to buy it after considering it very carefully. Gym equipment is the first thing people notice, and the better machines and equipment you have, the more customers you'll get.
To buy machines and other equipment in a normal gym, you will have to invest around Rs 5 lakh to Rs 10 lakh.
So that you can take the right decision and save some time, we are releasing a list of some important gym machines:
>> Machine for Strength Training (Strength Training Machine)
Smith Machine
Dumbbell Set
Barbell Set
Weightlifting Plates
Adjustable Training Bench
Preacher Bench
Leg Press Machine
Cable Crossover Machine
Seated Cable Row Machine
LAT Pull Down Machine
>>Cardio Machine
You can choose from 2 to 3 machines for cardio:
Treadmill
Elliptical machine
Rowing machine
If you are in the budget, then go towards the Indian brand like Jerai Fitness, because their machines are available at a lower price than foreign brands, but the quality is of a high level. However, if you search in the market, you will find many more local brands. Apart from this, many big gyms keep selling their old gym equipment from time to time, you can keep an eye on that too.
These are just a few examples to give you an idea of what machines to put in a new gym. The final decision is yours, choose the machines according to your room space and budget.
Where to buy gym machines?
You can buy machines for the gym from big companies. There are many big showrooms in the cities, which manufacture modern machines for the gym and sell their machines there. Many people also make local machines.
You can also buy gym machines online. You can get information about different types of companies on the internet and on many websites you can buy low rate machine according to your convenience by looking at different rates. Good things are often available on offer online.
Gym Equipment list and prices:
The most important thing for a gym is the equipment used in it. You can get information about these devices sitting at home on the online net. Here we are giving you information about some good online gym equipment suppliers, which includes equipment list and price.
fitness-world.in
Total Investment to open a gym
>> The total investment of your business is based on the size and level of your business. In the below point, we are giving you some estimates of your investment which will be useful in your planning.
>> If your business size is medium and you want to start it in an area of about 2500 to 3000 square feet, then according to us you will have to invest about 50 to 80 lakh rupees in your business. These rupees include all your expenses like interiors of the place, cost of equipment, marketing and advertising expenses etc.
>> If you want to start a business on a bigger level than this and the size of your place is 3000 to 3500 square feet, then your investment also increases. You will have to spend around 80 to 90 lakhs for this. This will include the cost of interiors, equipment and marketing advertising.
The total investment of your business is based on the size and level of your business. In the below point, we are giving you some estimates of your investment which will be useful in your planning.
If your business size is medium and you want to start it in an area of about 2500 to 3000 square feet, then according to us you will have to invest around 70 to 80 lakh rupees in your business. This amount includes all your expenses such as the interiors of the place, equipment costs, marketing and advertising costs, etc.
If you want to start a business on a bigger level than this and the size of your place is 3000 to 3500 square feet, then your investment also increases. You will have to spend around 80 to 90 lakhs for this. This will include the cost of interiors, equipment and marketing advertising.
If you want to start in a bigger place, about 3500 to 4000 square feet, then your expenses will increase to about 1 crore.
You may need about 2500 to 3000 square feet area to open a gym, that's why your investment can be around 50 to ₹ 8000000 because along with the space, the cost of interiors equipment, marketing advertising cost and many other expenses are involved.
Therefore, if you want to start this business, then the minimum cost is 80 to 90 lakh rupees. Because this business is on a large scale, small gyms are not opened.
How much does it cost to open a gym for 1 month?
If you start the business of opening a gym, for this you will have to rent ₹ 15000 per month, meaning the place you take. If it is yours then it is fine if you rent, then its minimum rent can be ₹ 15000 per month.
Along with this, electricity bill of ₹ 10000 and salary of ₹ 15000 trainer and ₹ 10000 of other employees, if seen then the expenditure of 1 month can be around ₹ 50000.
Along with this, you will have to add ₹ 20000 separately for the machines as well. This means your monthly expenditure can be around ₹70000. If you can give training yourself, then it can also save you 15 to ₹ 20000.
Gym's Profit Margin
The profit of the gym depends on the locality where you have started the gym. It also depends on the number of customers of your gym and their fees. According to us, if you invest 50 to 80 lakhs in your gym, then you can earn about 10 to 20 lakhs annually.
The profit of the gym depends on the locality where you have started the gym. It also depends on the number of customers of your gym and their fees. According to us, if you invest 70 to 80 lakhs in your gym, then you can earn about 15 to 20 lakhs annually.
How much can you earn from gym?
It totally depends on the facilities provided by the gym, the machines, the size of the gym and most importantly the type of city and area of the city. If the gym is located in a very congested area, then the earning will be more there.
For example, an average gym in India charges ₹700 to ₹1000 per month. If you have around 100 members in your gym who pay 1000 ₹ per month. So the total income can be up to around Rs.1 lakh per month. Big gyms earn up to ten times more than this.
Gym Membership Choice: Monthly Membership or Annual Membership?
There are two types of gym memberships: Monthly Gym Membership and Yearly Gym Membership.
As we mentioned earlier, gyms usually charge between INR 700 to INR 1000 per month for membership, which is called a monthly membership contract.
In addition there is also an annual membership contract that members are required to sign on a one-year (or multi-year) basis. In this, the amount for coming to the gym is taken only at one go. This type of plan is a profitable deal for the gym owner, if for some reason the customer does not come to the gym after taking this membership, then there is no loss to you because the full payment has already been made to you.
Many gym owners offer discounts on annual membership contracts to encourage more members to skip monthly contracts. If you charge 1000 rupees in monthly contract, then reduce it to 11,000 rupees in annual contract, this will attract people because they will save 1000 rupees a year.
Whatever kind of membership idea you like, you can implement it in your gym.
How much is the gym fee?
If you have not gone to any gym, then you can go to any gym and know the fees there. Accordingly, you can keep the fees of your gym. By the way, if seen, the minimum gym fee is ₹ 1000 a month. If even 200 people come regularly to your gym, then 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 maintain this maintenance like this.
Some precautions before starting gym business
Etihat (Precaution)
Etihat is the thing that you have to take care of in every business so that you can avoid various losses and troubles. We are telling you some things related to this business, which you should take care of.
First of all, you should prepare your business plan completely, so that you can get an idea of the problems to come. Because the amount of investment in this business is very high, so you should take information about insurance and government schemes in advance, so that if you can get any kind of benefit, then you are not deprived of it.
Apart from this, you should get the people coming to your center to submit their health certificates in advance so that you can get them to do gymming and other activities according to their health. Apart from this, as a precaution, you should get them to sign the contract made by you in which all the things are sure.
You should keep in mind that all the people giving training in your gym should be trained, as well as you should personally take care of all the customers whether their training is being done correctly or not.
Whenever you take a place on rent, you should talk to the landlord well before, because for which heavy machinery is required and will have to be installed there, if later he asks you to vacate immediately. So you may have to face a lot of trouble due to this.
Whenever you open a gym and customers come to you, first of all you must ask people for their health certificate. He can bring the health certificate from the doctor or any hospital. Because if any customer has health related problems then he cannot claim on you later.
If you do not know about any machine, then you should get complete information about it, after that buy the machines. If you are facing more problems then you can get information about that machine from youtube or internet also.
If you are starting the gym business as well as supplement business, then for this you have to sell only better quality products, otherwise it can affect your gym as well.
FAQ
Q:- How much does it cost to open a gym?
Ans: An investment of at least 70 to 80 lakh rupees is necessary to open a gym.
Q:- How much money will be required to start gym business?
Ans: The cost depends on the level of gym you want to open. Generally, the cost of opening a gym is estimated at 7-10 lakhs.
Q:- How much does a dumbbell cost?
Ans: Dumbbells are available in all types, and their price varies, for this you can find out online or by going to the market.
Q:- Can gym business prove to be profitable?
Ans: Yes, gym business can prove to be profitable, rest depends on your hard work, depends on your work, how you are running your gym.
Q:- How much can I keep the gym fees?
Ans: Initially you can keep a little less than that. If your gym does well, you can increase it as well.
Q: - Where should I buy gym equipment?
Ans: You can buy gym equipment by going to a good company or by going to a manufacturer, if you don't like it there, you can buy it online, you can buy it at a lower rate by visiting different websites.
Q:- Who should start gym business?
Ans: Those people who are fond of bodybuilding, and their own body is attractive. It can be beneficial for them to start Gym Business.
Q:- How can one become a gym trainer?
Ans: If you want to do gym training, then for this you should go to an experienced person, who can give you physical education well.
Q:- How many kg of dumbbell should we use in the beginning?
Ans: Initially you can use at least 2-5 kg dumbbells.
conclusion
Friends, how to start gym business, you have been given detailed information in this article. Friends, this is such a business, if you run it well then you get very good profit.
Along with this, it is very important to have a good trainer. If you are not, then for this you need to find a good trainer and you need to run your gym so well that if any customer comes, he will refer his acquaintances or relatives to join your gym. Do suggest for. On the contrary, if there are negative negative things about your gym, then it will have a bad effect on your gym and your customers will decrease. That's why you need to provide complete satisfaction to your customers and take special care of it.
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