Renting gym space is something that every burgeoning physical therapist and personal trainer will have to think about, particularly in NYC. In fact, if you're new to the industry, you've probably already started thinking about it. You could do housecalls, but you won't have all the equipment and facilities that you'd have access to at a gym, and if you're just starting out, you probably won't have enough capital to buy your own space. So that leaves renting.
Of course, if you're a new personal trainer or physical therapist, you could try to find work in those fields at a gym. However, you have far less freedom as an employee than you do when you're in business for yourself. Although you'll have a ready-made client list, you won't be able to pick and choose which clients you choose - not much anyway.
You might be thinking that you could simply meet your clients at a gym to which you both have a membership, but that has its own set of pitfalls. Most gyms that offer personal training or physical therapy aren't going to be keen on you coming in and offering the same services - especially when you're not paying any sort of rent. There are also potential liability issues that no gym wants any part of. That's where renting comes in.
Renting gym space is a great way to project a professional appearance while also having access to all the necessary equipment and facilities that you'll need as either a personal trainer or a physical therapist. There are several benefits to renting space in a gym for both professions, and we'll be covering those to give you an idea of why renting space for your practice might be a good idea.
Cost is one of the first considerations. Renting space in a gym for your practice is far more cost-effective than renting or buying an entire gym or studio. The cost of those can be as much as a mortgage, and unless you're already rolling in dough, you probably can't afford that.
As a new trainer, you'll be working hard to build your client list and create a steady stream of income. Renting gym space is a great way to give yourself breathing room while you work to build that roster without the added pressure of a huge monthly payment for an entire studio. Gyms are also a great place to drum up new business. Just be sure you're not stepping on the toes of any resident therapists or personal trainers.
Renting space in a good gym gives you access to all the equipment and gear you'll ever need. Gyms have free weights, machines, bands, foam rollers, and almost anything else you'll need for your practice. The cost of buying all of that equipment alone is enough to make renting space in a gym a cost-effective option on its own.
Renting gym space can be a stepping stone to a future where you own your own gym or studio. While you rent, you'll be free to build your client base and sock away your extra money to put a downpayment on a studio of your very own one day in the future.
If you live in New York City, especially the Manhattan area, then we think we can help you grow your business. SkyHealth NYC offers gym space for rent in NYC that is competitive and offers everything you'll ever need as a personal trainer or therapist. Stop by and take a look. We think we can help you get the space of your dreams while you lay the foundation for your future.