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Tag archive for used equipment

How Two Entrepreneurs Turned a Foreclosed Gym Into a Winner — Without Breaking the Bank 

Welcome back to our gym owner business profile. In each profile, we interview successful gym owners to learn what it takes to start, run, and own a health club. Everyone tells a new and interesting story. We hope you find their experiences as inspiring as we have!  300 Fitness Gym and Bar The idea of 300 Fitness Gym and Bar began like many other health clubs: Two guys who enjoyed exercising together saw an opportunity and jumped on it. In the small city of Pontotoc, Mississippi, there were plenty of other gyms. Four, in fact, serving a population of no [...]

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How owning a gym became a retirement portfolio

Welcome to our newest gym owner business profile. Offered up once a month, these profiles are created to share ideas and challenges between gym owners. Each privately owned gym fuels from a unique set of circumstances. Hopefully, you will find inspiration in their experiences.  Gym owner profile: MorGainz Fitness, Pennsylvania It started as a retirement plan. After careers in nursing and police work, Kelly and David Morgan were ready to switch tracks. Always total gym people, they dusted off a business plan written for a college nursing course, and decided to fix a problem. Their small Richland, PA, community did [...]

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Used commercial gym equipment

Wanted: Used Fitness Equipment

There are many advantages to buying used fitness equipment. Used or previously owned commercial fitness equipment can be purchased for less than one-third the cost of new gym equipment. Since most gym equipment is made up of easily replaceable parts and rarely breaks, there is little risk for owners. Most importantly, new health clubs can pay off used equipment faster, making it easier for their businesses to quickly reach profitability.  Every gym member uses some type of exercise equipment Previous posts, like “To Buy or To Lease Gym Equipment? That is the question…” and “Top Ten Ways to Save Money When Opening a [...]

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