Gym

Business Idea: Start A Gym in 2024

Pat Walls

•

Updated: July 7th, 2024

Avg Monthly Revenue

$330K

Avg Startup Costs

$18.9K

Score

Market Size

$1.3B

Avg Revenue

$330K/month

Min Revenue

$20K/month

Max Revenue

$1.2M/month

Avg Days To Build

227 days

Market Size

$1.3B

Avg Revenue

$330K/month

Min Revenue

$20K/month

Max Revenue

$1.2M/month

Avg Days To Build

227 days

Over the last decade, more people across the globe have become self-aware of the importance associated with living a healthy lifestyle.

As a result, the gym has become a trend for millions of people, leading to a rapid increase in the size and popularity of the global fitness industry. According to statistics, the global fitness club industry is worth over $96 billion.

Therefore, starting a gym could be a great business opportunity.

Revenue & Profitability

How much do gyms make?

On average, successful gyms report $3.96M/year in revenue.

Startup Costs

How much does it cost to start a gym?

It can cost as low as $3,500 to start a gym.
It can cost as high as $150,000 to start a gym.

Learn more about the costs of a gym.

Examples Of Successful Gyms

Successful gym businesses and case studies

My Gym Passion Led Me To Start A $15M/Year Fitness Equipment E-Commerce

Bells of Steel, an e-commerce fitness equipment company, generated $15 million in sales by creating a high-value product line and focusing on word-of-mouth marketing, email marketing, and social media ads.

$1.2M Monthly Revenue

$3.5K Startup Costs

Read by 6,413 founders

How I Started A $60K/Month Personal Training Company

Live Fit, a personal training company founded in 2011, grew from earning $80,000 in their first year with two trainers to earning over $760,000 in 2019 with 12 trainers and two locations, thanks to a focus on building trusting relationships and providing a variety of services to clients.

$60K Monthly Revenue

$50K Startup Costs

Read by 8,420 founders