Working on building a gym startup in India, affordable gym machines are the most exciting and workable idea ever. And transforming your passion for fitness into a real business is a journey of its own. Building gyms and startup gyms in India requires some amount of investment. Although the cost of building gyms is not very burdening, if not done in the right way, the decision of building a gym can become really expensive for you.
If you're planning to build or start your own gym, then you must be wondering about things like, 'How much does it cost to open a gym in India?' How can you make a journey of building your own fitness easier? And most importantly, how to start with the process of setting up your own gym?
Explore with us everything about building affordable gyms for startups with Energie Fitness in today's blog. With this article you will help to get an idea of the key costs involved in starting and setting up a good gym. So let's first begin with understanding why it is important for you to invest in a gym as a startup.
Why Should You Invest in a Gym as a Startup?
One of the first and most crucial questions that crosses people's minds when they think about having a gym for a startup is whether it's a good idea or not. Because the cost of starting a gym is slightly higher, people contemplate whether it's a good decision or not and how it will enhance their startup journey.
Well, the answer to this is that India has a growing rate of young people who are looking forward to maintaining a healthy lifestyle alongside managing their work. Therefore, it becomes really important for corporate startups and hotel businesses. To invest in a healthy future for their employees and their customers.
Even if the workout space that you have in your facility is smaller than usual gyms, its presence can make a huge difference for your employees and customers who are dedicated towards keeping their body and mind fit.
How Much Does It Cost to Start a Gym with Energie Fitness?
If you think that the only expense while building a gym is towards buying the best equipment for new gym, then you are totally mistaken. The overall estimate of building or opening a gym includes every aspect, starting from evaluating the cost of the location you are buying or renting and the cost of interiors and setup, as well as that of the equipment and overhead cost of operation and promotion.
To help you understand the cost of building a startup gym, we have broken down the factors that require investment while building a gym. Let's have a look at it.
Initial Cost of Planning
The initial cost of planning while building a startup gym or a gym for a startup company revolves around all the money that goes into finding or renting a location. This category of expense also includes the amount of money that you would spend on the research and development for the kind of gym you want.
In addition to this, the initial stage of planning also includes the allocation of budget from the total amount you have for investment. If you hire professionals for finalizing a location or turning a spare space into a gym, it costs slightly more than usual because the fees of the professionals get added up in the planning cost.
Operational and Equipment Costs
Even if you find the most affordable gym equipment, there is going to be some amount of expense involved in setting up and operating that equipment. High-tech gym machines like treadmills and exercise cycles, as well as any other electronic exercise machine, require electricity for operation, which can be seen as an extra operational cost.
Other than this, all the exercise machines, including electronic and cable pulley machines, required servicing, oiling, and greasing from time to time to function seamlessly. The servicing and repair costs are also one of the factors that should be accounted for and included in the budget while creating a gym.
Branding and Advertising Costs
After sourcing or buying the gym machines from any of the best gym equipment brand in India, you will also have to set aside some amount of money for branding and advertising. Branding of your gym is mostly optional, and you can decide the scale of promotion you want in the first round.
When you get your gym setup from Energie Fitness, we help you with the complete setup of the gym as well as the initial promotion through our social media handles so that you can get a loyal customer base from different parts of the country.
Final Thoughts
So this was a broad breakdown of the costs involved in building a gym for a startup. As a leading gym setup service, Energie Fitness takes care of the quality of equipment installed in your gym as per your budget.
Our team of experts installs and brings to your location products imported from the best manufacturers around the world. In addition to this, we also support passion and gyms by spreading the word through our page after you avail yourself of gym setup services from our official website.
FAQs
Q. What are the best ways to build a gym startup in India?
Ans. In order to start a gym business in India, you should always begin by researching locations, analyzing budgets, learning about the preferences of people around, and building local partnerships. Or you can also hire a reliable gym setup service like Energie Fitness to tailor-make your gym space with the help of their premium products and their years of experience in setting up gyms.
Q. How much money do you need to start a gym?
Ans. In India, on average, you would require a minimum amount of ₹300,000 to a maximum of ₹15,00,000 to ₹25,00,000 for building a really good quality gym set for commercial use or a corporate gym space.
