How much investment is required?
This is totally dependent upon the channel of trade you choose. Some are highly capital intensive, while others are less capital intensive. As an example, let’s take a look at fitness clubs.
Unless you’re planning to purchase an existing club, in order to get one up-and-running, you’ll have to transform open air or raw space into a finished location. Open air involves constructing a location from the ground up, while raw space involves building it from existing, unfinished space.
Because there are so many variables involved, it’s virtually impossible to quote exact numbers when it comes to the construction of a finished location. A variety of factors including, but not limited to: the country, the geographic region within the country, the specific area within the region, the exact location of the real estate, the square footage involved, the market conditions, the population density, the cost of living, the differences in estimated construction costs, the extent of leasehold improvements, the landlord’s willingness to participate in construction or improvements, the format, and the amount and type of equipment, are just some of the issues that will make one situation completely different from the next.
However, for the sake of argument, depending on the format of the fitness club and all of the various factors that influence it, expect ballpark, start-up costs ranging between a minimum of $100,000 upward to $5,000,000.
We’re looking for dedicated, financially secure individuals and investment groups, who not only have a fearless business approach and attitude, but who aren’t intimidated by the competition and aren’t afraid to open locations right on top of them! If you fit this description and are willing to commit to the guidelines set forth in our business model, we invite you to contact us today either by phone or e-mail.