Leases

Gym owners face challenges with exercise classes, often viewing them as costly yet community-building. Many are outsourcing classes, renting space to local businesses, or hiring independent contractors to manage costs.

Ready to become a gym owner? In this blog we explore the good and bad to starting your own independent gym rather than signing on to a franchise.

Approach your next gym lease with confidence! Gym owners often make mistakes when searching for a new property. Follow these easy suggestions to ensure your next lease is crafted correctly in your best interest.

Rent is one of a gym owner's highest cost per month when starting a gym. In this blog, we ask commercial real estate expert Ken Jorgenson, national director of CARR, for advice on negotiating the best possible lease. Here's four key concessions:

Gym Owners! Don't let commercial real estate reps intimidate you. Your fitness center represents true value to the real estate market - Read this blog - and our blog next week - to discover the financial advantages fitness centers bring to the real estate table and how you can sign the best possible lease for your new gym.

Coastline Fitness, established in 2021 during the pandemic, has rapidly expanded, employing around 100 individuals. The owners stress the importance of treating a gym like a business, setting a clear plan, maintaining communication, and understanding the community's needs. Their choice of Gym Insight software has helped optimize operations and save costs, allowing for future growth.

Gyms today are the darling tenants of commercial property industry. Their clients visit multiple times a week, stay and shop in the plaza, and attract a diverse clientele. Additionally, fitness clubs and boutiques are good stewards of their leases - repaying rent deferments -and now are among the four key industries accounting for over half of all retail space.