Feasibility study for a gym project

Gyms are a profitable business venture. They can be divided into a section for men with weights and resistance equipment, and a section for women with treadmills, running machines, and other equipment.

The gym also needs new exercise equipment, some of which can be used, some of which can be purchased at reasonable prices, and some of which can be purchased in installments. This project offers significant profits compared to its monthly expenses.

This project has spread not only in cities but everywhere, due to the changing public culture towards a healthy and fit body. In this article, we provide information about a gym feasibility study.

Gym feasibility study

Conducting a feasibility study for a gym requires a set of requirements, which are as follows:

Identify the type of space required to implement the project. Will it be small or large? Will the space be rented monthly or will it be owned by the individual?
Establishing a gym requires a number of exercise machines. You must decide whether they will be purchased or paid in installments, with a monthly fee deducted from the venue's revenue.
Determine the number of workers responsible for managing the place, and determine their salaries.
Learn about the monthly maintenance costs of sports equipment.

Criteria for choosing a good location for a gym

After learning about the feasibility study for a gym, we find that there are several criteria that must be present when choosing a location for implementing a gym project, as follows:

The location can be a large apartment, two apartments next to each other, one for men and one for women, or a large warehouse in a building and a large garage in one of the buildings.
Choose a gym location that is easy to access, away from a crowded residential area, but at the same time close to housing and suitable for women.
The space is determined starting from 60 square meters if it is a small project in one of the villages, but the larger the space, the better for free and Swedish exercises. It must also be well-ventilated and have air conditioning.
Electricity must be available for evening lighting, to operate fans and air conditioners, and also to operate sports equipment that requires electricity.
Water must be available by preparing a bathroom equipped for the gym and good sanitation.

The foundations on which the gym should be designed

Designing a gym requires a set of principles that must be taken into account, including the following:

Paint the hall in a beautiful attractive color, add wallpaper, and place pictures of celebrities and fitness heroes to motivate customers.
Mirrors are placed in front of exercise equipment and in various places in the gym.
Clean and nice bathroom with all services, good types of soap, paper towels, dryer and mirrors
Place signage on exercise equipment detailing the steps to take to use the equipment, warm-up methods, and organizing the area after completing the exercise and maintaining electrical equipment so that the area does not turn into a mess.
Multiple sources of ventilation should be added, such as air conditioners and fans. The place should be equipped with many windows and sunlight to protect the place from unpleasant odors and also to purify it from harmful bacteria, so that the place becomes healthy.
Place a large, eye-catching sign in the place with good decoration and lighting, and write on it the phone numbers for contact. Choose an easy and familiar name for the gym so that it is not quickly forgotten.
Providing a small pharmacy with Betadine, cotton, gauze, adhesive bandages, and wound disinfectant to use in case a trainee gets injured in the gym, God forbid.
Adding gym equipment to help with freestyle exercise. These equipment are made of iron and can be mounted on the wall, such as push-ups, pull-ups, and other games. In addition, there are floor exercise equipment such as push-ups and abdominal strengthening, as well as pull-ups, fixed and mobile benches, dumbbells, and hoops, at reasonable prices.
A special corner can be added for hot and cold drinks and mineral water. This corner is one of the most important corners of the project that generates large profits.
Providing the place with entertainment means such as a TV or music that motivates and improves the mood of the players and increases their enthusiasm.
Equip the place with bodybuilding and regular exercise equipment that helps improve body performance. Zumba and aerobics can be added.

Gym equipment cost prices

The price of sports equipment varies according to the size of the project. You may use some equipment and not others, depending on the cost you can afford.

How to get gym equipment

In order to obtain gym equipment at prices appropriate to your available capital, you must determine where to obtain this equipment and the amount of money you decide to start the project with. This varies depending on the area and region in which the gym is located.
Determine where to get new exercise equipment: from a dealer, OLX, or online sites like Jumba, Amazon, and Alibaba. These sites are well-known and offer home delivery services, and above all, they are guaranteed. Determine whether the equipment is local or imported.
When purchasing old gym equipment, its price is determined according to its type and condition.
To import devices, you can purchase them yourself or authorize someone to do so on your behalf.
One of the sites to buy old devices is OLX.
Types of equipment include electric treadmills, manual treadmills, Smith machine, sauna machine, exercise bike, abdominal machine, shoulder machine, flutter machine, bench machine, and other tools.

At the end of this article on a gym feasibility study, we've learned how to create a feasibility study for a gym project, and the most important requirements for project implementation, such as the project location, the type of equipment to be used, the project's monthly rent, and the number of workers required.