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A typical gym space tour looks like this. You walk the floor.Check the ceiling height.Picture where the squat racks will go.Ask about parking. Eventually someone points to the roof and says: "There are two …
Look at enough commercial real estate listings, and you’ll start to notice something strange. A gym space in Manhattan might cost $80 per square foot. A similar space in Oklahoma might cost $10 per …
Open any commercial real estate listing site and you’ll see something confusing. Two buildings.Same city.Same square footage. One costs $30 per square foot. The other costs $10. Same size.Same city. So what gives? Nine …
Or, risk missing out on the perfect site because you didn't have your shit together… Most gym owners think the real estate search starts when they begin looking at listings. Wrong. The search actually …
For the economics of the deal, these matter most... When people talk about lease negotiations, they usually focus on clauses. Exclusives.Assignment language.Personal guarantees. All important. But if we’re talking about what actually impacts the economics of …
Gym buildouts are expensive. Plumbing, showers, rubber flooring, and HVAC upgrades can quickly exceed six figures. Tenant improvements (TI) are landlord contributions that help offset these costs. Negotiating them well can free up capital …
The lease is often more important than the location itself. A poorly structured lease can drain profits or even force you out early. Here are the mistakes gym owners make most frequently. What to …
Many gym owners see a space advertised at $20 per square foot and think it’s affordable. Then the first bill arrives and it’s far higher. The culprit is usually an NNN lease. What to …
Gym owners often dream of buying their building. It’s appealing to stop paying rent to a landlord and start building equity. Ownership can be powerful, but it’s not the right move for everyone. Knowing …
Opening a gym is exciting, but the first real estate decision can feel heavy. Should you lease or should you buy? Both paths can work, but they serve different stages of business. Understanding the …