How to set up commercial gym within 11 lac In India? Source https://homegymsetupequipmentsindia.wordpress.com/2019/06/17/how-to-set-up-com mercial-gym-within-11-lac-in-india/
How to set up commercial gym within 11 lac In India
If you are a fitness freak, then having a business-minded approach will take your passion to another level. Even if you aren’t much of fitness conscious, it is a profitable way to Buy commercial fitness equipment and open a gym. Just like other businesses, in this business too, you need to acquire funds and license. If you are looking forward to setting up a commercial gymin 11 lacs in India, then here are the steps given below: Draft a business plan first Opening a gym requires a proper plan so that you may visualize the business first. Yes, first and foremost, you need to make a list of facilities you will provide to your customers in the gym. It will help you expand your plan base to know the number of licenses you have to apply for, the location you need to select,
space area as well as the total investment amount. If you have a budget of 11 lacs, then you can easily include a cardio, spa, gym services for men and women. Then as per the services you are offering, buy the fitness equipment India for your gym. It comprises of different exercising machines, the number of dumbbells and bars as well as installation charges of different equipment. You also need to calculate the monthly fee which you will charge your clients. Make sure it is sufficient enough to gain you good profits. The requirement of Location and Licensing in India Once your business plan is made, you need to get a space for yourself. If you choose your place wisely, you will have an additional benefit of free promotion. Hence, you should choose a place in the main market to get the highest exposure. As per your gym setup package India, you need to get your construction done. For instance, if you are offering cardio and yoga services, then you need the right rooms for it. If you want aerobics and swimming, then you have to create an indoor pool. Make sure you keep sufficient space for future extension. If your business turnover is higher than 11 lacs, then you should file for Service Tax Registration. The real capital investment involved in the gym When you calculate and pen down the commercial gym setup cost in India, then you need to calculate just everything. Right
from taking construction cost into consideration to the cost involved in manufacturing a multi-functional gym, a gym can cost you anything between 7 to 11 Lacs. When you buy standard gym equipment in India, make sure you include the installation charges too. It is very important to know the cost of every equipment you are buying. Make sure you do a comparative study of different machines and equipment and choose the one which fulfills your requirement perfectly. Apart from gym equipment, you also need to hire staff for maintenance which may cost you around 30000 to 60000. Apart from maintenance staff, you also need to professional gym trainers. Surely hiring trainers will also cost you hefty money. It can cost you around INR 20,000 to 1,00,000 depending on the number of trainers you hire and if you hire for men and women separately. Lastly, make sure you include around INR 5000 to 10000 of monthly services of the equipment considering your gigantic gym setup package India. It is advisable that you hire professionals who can do the complete setup for you within 11 lacs and give you a ready made gym. There are several companies that are ready to provide you with such services. All you need to do is come to them with a budget and they will draft a plan for you as per your preference. So, go ahead and do not waste a single minute. The gym business is highly famous and it awaits to bring an abundance of profits at your service in the coming years. Just be reasonable, logical and realistic with your approach.
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