Generally the business's are in a competitive situation with others who provide similar products and services. There are different ways of competing and to use the motor industry as an example, each year they will market an update on last years offering or even a completely new product.
The income for gyms mainly comes from the membership fees you pay. They also derive some income from personal training and the sale of the occasional item such as a drink.
Buy a Gym ?
Gyms by their nature have significant operating costs, including but not restricted to;- Equipment purchase/lease
- Maintenance
- Real estate
- Staff
- Cleaning
- Consumables
- Utilities
- Depreciation
Commercial Gym For Sale - Located Western Suburbs Melbourne
Fitness First for Sale
Most of you would of seen in the news that Fitness First is selling 24 of its gymsFitness First culls more than a quarter of its Australian gyms
However at the same time that Fitness First is shedding clubs, it is also opening new clubs, such as the Top Ryde Platinum, see Fitness First's press release on the topic
Changes at Fitness First
Are you impacted by the sale
The sale is of no interest to you unless you joined or work out at Five Dock. And if you work out just at Five Dock, you are likely to continue working out at Five Dock after the sale.There will be no changes until after the gym has been sold.
What you should do
If you joined or work out at Five Dock, then when you are next there, ask the staff, they can provide the info outlining the options available to you.What if you did nothing
Your Five Dock membership will be transferred to the new owner and you will continue to use the gym under the new owner.A similar situation has occurred when Fitness First purchased Space, a smaller network of gyms around Australia, the memberships were transferred.
Classes
Its business as usual at YMCA and SCG. At Fitness First the Rockdale Saturday High Performance class has been removed.
This Tuesday 12.20pm we have a treat for you, double trouble with Stuart and myself on the stage at Fitness First Pitt st. Come and join the party, be early the bikes fill out.
New Releases at Fitness First
All classes at Fitness First this week will enjoy the new releases;
- Ride will have Ride8
- RPM will have RPM55
Fitness First
Rockdale Mon 6.00am RideFive Dock Mon 5.45pm RPM
Rockdale Tue 6.30pm RPM
Top Ryde Wed 5.45pm Ride
Walker St Thu 6.00am RPM
YMCA
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