How to open a gym?
Sport is attracting more and more men and women, which is leading to the growing development of sports halls. We see them blooming everywhere.
Sport is attracting more and more men and women, which is leading to the growing development of sports halls. We see them blooming everywhere.
Settling into this activity can be done either by opening a new room or by taking over an existing room.
In this article, we will review the different steps that will be necessary to carry out such a project.
The basics of what you need to know
1-Be the right person for this activity
It is necessary :
-to love sport
-to be a good manager, to know how to manage a schedule, staff, equipment, customer accounts, expenses …
-to be motivated, dynamic and available.
2-Choose the location
-the sports hall must be visible, close to a road axis, in an inhabited or activity zone.
-The gym must be the only one within a certain area.
3-Layout and layout
-The commercial premises must be able to accommodate enough equipment to satisfy all customers.
-The room must allow the movement of customers without hindrance, the toilets and showers must be spacious.
4-Equipment
-Large choice of endurance equipment but also weight training.
-Quality and professional equipment,
5-Health and safety rules
-You must have a first aid kit
– You must be able to contact the emergency services in the event of an accident.
It is necessary to respect the rules concerning the standards against the risks of fires and the rules of hygiene.
6-Cleanliness
– It must be perfect everywhere and at all times. Perhaps it is necessary to budget for the use of a cleaning company.
7-Compulsory liability insurance
-It must cover the operation, the teaching staff and the practitioners. The insurance certificate will be displayed in a visible place in the room.
8-Communication
-A website is almost essential
-Social networks are too.
-But it is also necessary to communicate with businesses about places of residence, school outings …
9-Rules to know
-No specific diploma to open a sports hall.
-But the supervisory staff and coaches must have a state diploma to practice. They must make a declaration allowing them to obtain a professional card.
– In the 3 months following the opening of the sports hall, a declaration to the prefecture of the department will allow the equipment to be identified and the hall to be approved.
Use the franchise
-To take advantage of the notoriety of a brand.
-To bring together a clientele more quickly,
-To benefit from installation support and training.
-Attention to the content of the contract
The business plan
-A significant initial investment: numerous investments of around several hundred thousand euros
-The financing plan will show the number of financial resources and needs.
–Personal contribution should be around 30% of the overall budget
-The turnover will depend on the price of entrance tickets and the number of customers. Tickets can be sold in various ways, individually, by subscription… The prices will be displayed in a visible place, generally at the reception.
It can be supplemented by the sale of products such as food supplements, sports equipment, etc., by group lessons or personalized coaching.
The takeover of a gym
-The room is immediately operational and the clientele is there.
-But the financial investment is more important.
– It is necessary to ensure the condition of the building under the conditions of the lease of the premises, the geographical location, the conditions of access, the development and construction projects planned in the surroundings, the condition of the sports equipment, their maintenance, warranty conditions, equipment to change …
But also to the composition of the clientele.
Tax rules
– Entrance tickets and subscriptions are subject to the normal rate of 20% VAT.
-The profits made by the company are subject either to corporation tax or to income tax, depending on the tax regime.
-The contractor must pay the land tax of companies, the amount of which depends on the location and the surface of the premises, and the CVAE if the turnover exceeds 500,000 euros per year.