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Deleted member D3987
- Thread starter
- #41
just a perspective as a gym owner for use as rational comparative analysis. new york rents/leases are the highest in the land. they could be paying well over $25,000 a month on a lease. a bit less if a mortgage. That would equal $300,000 per year excluding CAM and other expenses you can't see.
2 coaches where you live could be ^^^ of $40,000 per coach per year. after other employee considerations could be $100,000 for the 2 team coaches. so, between the lease and the 2 coaches could well be a wash equaling $400,000 per year which is what you stated they could have been making if not for the reasons above.
there are approx 4500 private clubs in america. less than 2% gross above $500,000 per year. this comes from USAG club membership private data. so, my point is that it ain't so cheap to own a gym.
2 coaches where you live could be ^^^ of $40,000 per coach per year. after other employee considerations could be $100,000 for the 2 team coaches. so, between the lease and the 2 coaches could well be a wash equaling $400,000 per year which is what you stated they could have been making if not for the reasons above.
there are approx 4500 private clubs in america. less than 2% gross above $500,000 per year. this comes from USAG club membership private data. so, my point is that it ain't so cheap to own a gym.