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Gyms - Breakeven analysis

william · 2003-03-11 22:57:25

Any idea how many members a gym like Westwood would need to break even? I think that they charge something like €60 a month.

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11-03-2003 11:57pm

#1

william

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Any idea how many members a gym like Westwood would need to break even? I think that they charge something like €60 a month.

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#2 12-03-2003 11:25am
logic1

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It's 70 a month plus a joining fee, plus they have food in there (very pricey) and a pro shop and lots of other crap you can pay for that generates revenue (signing in guests, beauty treatments etc etc..)

Haven't a clue how much they'd need to break even but I'd say you're running the first few years in fairly large debt.

Like the new aquatic centre cost a few million to build and the upkeep and repayments are gonna cost 5 million or so a year and they hope to have a turnover of 6 to 6.5 million per year.

.logic.

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