Day 4, 5, 6.

Equipment list:

I broke down the equipment list so I could estimate the total cost of buying equipment without wholesale pricing.  I intend to call a couple companies with lists of what they will supply, wholesale for lots of this equipment.  Some of it can be found online or cheaper from other sources.  That will be determined next. Craigslist will be a great companion for knocking off items from this list.


Total Cost:

14,523.99

10 Barbells

3000

10 collars

100

3 Rack Jig

4500

3 Dip Bar attachments
Dumbbells

840

• 50 x 4
• 40 x 4
• 30 x 4
• 20 x 4

Kettlebells

• 35 x 4
• 25 x 4
• 45 x 2
• 55 x 1
• 65 x 1

250

160

150

115

1 Sled

300

Ropes 

450

10 Jump Ropes

129

1 climbing Rope

200

3 Airdyne

3000

3 Concept 2

3780

Band Set

200

Medicine balls

• 5x20
• 5x10

200

150

55

65

weight vest

270

Weight 1000# in Rubber

3 pair 45

495

3 pair 35

399

3 pair 25

300

3 pair 10

195

Bench

150

Rubber Flooring TBD

5x TRX

ACCESSORIES

PVC

Foam

70 

105.99

25

massage table

550

scale

300

Next up is determining the Location and deciding what type of retrofit/ design we will incorporate into this facility.  Determining costs to do flooring, improve HVAC, Bring up to standards and health. and make more energy efficient. Another thing; it would be dope to have an artist. I have one in mind already though.

I've decided on color scheme and design after some collaboration with my father. He's the design mastermind anyway.

Running the business:

The numbers

I wont go down into the details behind these numbers. But I was consistently confusing myself with the variables.  Until they were made constants I wasn't thinking straight.  (thanks Mollie).

Costs:

Monthly

8500 For Costs of Running business with salaries.

For 3classes per day 6 days

for 3pt per day per trainer (2)

SHOUT OUT TO MOLLIE for helping me on this one.

She's got some experience here.

Branding:

M. Fitness CO.

STAY TUNED FOR LOCATION DECISIONS AND STAFF PRIORITIES!!!