The owner of my gym opened a few gyms. He couldnt keep up with the lease so he had to close them down. First gym was closed down because it wasnt a proper gym (it was down in a basement)
2nd one was closed due to the lease
3rd one was closed for the same reason.
A new one opened up. Not sure how this one is going to go down but it sure wont last long if you ask me. Going through 4 gyms is kinda retarded in 2 years. Make sure to open one in a proper location. With ANY business you look for location. No offense, but if you open a gym near a poor neighborhood with only mexicans living there your only going to be able to charge at most 20 bucks a month. Charge anymore and no one will come. Getting some nice equipement with proper staffing and organization is nice to have too. Just my imput as a member. (P.S I took advantage like CRAZY of the gym that charged 11 bucks a month! Thats what happens when you open a gym down in the projects) I only had to walk 5 blocks to get there. Saved me a ton of money