Cost Of Opening A Gym In South Africa

For smaller gyms costs tend to be around 100000. The basic cost of opening a gym can fluctuate between 15000 and 100000.

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For example a modest studio gym could cost 65000 while a mid-size gym could cost 115000.

Cost of opening a gym in south africa. Heres how much they cost. For a commercial gym equipment costs can range between 300000 and 500000. South African Government wwwgovza Lets grow South Africa together.

The cost for remodeling the facility and construction of a gym and Olympic size swimming pool 300000. Its been four months of no gym and even though South Africans have been permitted to hit the pavement many a cough is now firmly - and perhaps permanently - indented. Bearing in mind that a swimming pool can cost as much as R3m thats 3 million Rands for a landlord or developer then its no small surprise that the budget gyms opening up around South Africa are abandoning the swimming pool as a gym facility.

To answer that youll have to start by envisioning the ultimate version of a gym you have in mind. The operational cost for the first 3 months salaries of employees payments of bills et al 60000. We are ready to open and it will be safe to do so Planet Fitness told MyBroadband.

Youre going to need a healthy amount of working capital before you dive into your business endeavor. For the 12 month membership the joining fee is R260 R290. Initial Costs to Start a Gym If youre looking to open a gym we can start off by saying you should expect to save anywhere between 15000-100000.

Having worked for most of his life in the European soccer industry Boris Leyck came to South Africa in 2007 to. Set up a budget for starting your gym. Monthly contracts are in the region of R329 R349 and yearly contracts range from R259 R289.

Startup costs for a gym are significant. Computer System and Gym Management System. You could also open a simple cycling studio for as little as 50000 but.

For the monthly contract this ranges from R330 R350 depending on the gym. Additional Funds - 3 Months. Within a few years BODYTEC has become one of South Africas fitness franchise success stories and it all started with the 2010 Soccer World Cup.

Pretty wide range right. Other start-up expenses including stationery 500 phone and utility gas sewer water and electric deposits 6500. What are the costs involved in opening a gym.

Luckily in many of these cases costs are fixed which means that you only have to buy them once and you should be good to go. Zone Fitness link Zone Fitness membership options range from R200 R600. A larger gym may cost upwards of a million dollars or more.

Take a look at your finances to figure out which category you fit into comfortably. Franchises may carry lower operating costs but you have to pay a franchise fee which may or may not make it a cheaper option to. Depending entirely on how much youre willing to invest in the success of your business.

Reopening of gyms in South Africa expected to be very slow. Most modest gyms costs between 200000 and 400000 to get going.

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