How To Become a Gym Owner: Step-by-Step Guide
Learn about the steps important to pursuing a career as a gym owner, including education, skills, salary and more.
Gym ownership can be a very rewarding and profitable career. If you have a passion for fitness and helping others achieve their fitness goals, then this may be the perfect career for you. Owning a gym requires a significant investment of time and money, but if you are prepared to make this commitment, then you can enjoy the many benefits that come with being a gym owner. In this article, we discuss what you need to do to become a gym owner.
What Does a Gym Owner Do?
Gym owners are responsible for the overall management and operation of their fitness facility. This includes everything from hiring and training staff, to developing marketing campaigns, to maintaining equipment and facilities. Gym owners typically have a background in the fitness industry and are passionate about helping others reach their fitness goals. Some of the specific duties of a gym owner are:
- Hiring and managing staff
- Creating and implementing marketing plans
- Developing new programs and services
- Maintaining equipment and facilities
- Ensuring compliance with all health and safety regulations
- Handling customer service issues
- Managing finances
- Reporting to shareholders or board members
Gym Owner Salary and Job Outlook
The average salary for a gym owner is $84,975 per year. This figure can vary based on the size and location of the gym, as well as the owner’s experience and qualifications.
The Bureau of Labor Statistics expects job prospects for gym owners to grow at an average rate over the next decade. This is due in part to the growing popularity of health and fitness programs. Many people are now looking for ways to improve their overall health, which has created a demand for more gyms and other fitness facilities.
How to Become a Gym Owner
Here are several steps you should take to become a gym owner.
1. Earn a bachelor’s degree in business, sports management, or a related field
A bachelor’s degree is the minimum education requirement for most gym owner positions. Common degrees held by gym owners include business, sports management or a related field such as exercise science or kinesiology.
While in school, consider taking courses that will help you develop skills and knowledge relevant to running a gym, such as marketing, accounting and leadership. You may also want to take elective courses in subjects like personal training, sports medicine and nutrition.
2. Consider completing a certified personal trainer program
While it is not required to become a gym owner, having a personal trainer certification can help you gain experience and build your resume. There are several different types of certifications available through various organizations, including the National Academy of Sports Medicine (NASM), American College of Sports Medicine (ACSM) and International Fitness Trainers Association (IHTA).
Each organization offers slightly different benefits and requirements for its certification program. Consider researching each one to determine which best fits your needs and career goals.
3. Gain experience working in the fitness industry
Gaining experience in the fitness industry is another way to prepare for a career as a gym owner. You can do this by working at a local gym or sports club, where you can learn about different aspects of running a business and interact with members.
You may also consider becoming an independent personal trainer, which allows you to build your own clientele and earn money while gaining experience. This option also gives you the opportunity to develop your marketing skills.
4. Develop strong leadership and communication skills
As a gym owner, you will be responsible for managing employees and communicating effectively with clients. You may also need to interact with local government officials and other business owners in your area. Strong communication and leadership skills can help you succeed in these areas. Consider taking classes or participating in professional development opportunities related to business and leadership to help improve these skills.
5. Understand the business aspects of running a gym, including marketing and finances
As a gym owner, you will need to have a good understanding of the financial aspects of running a business. You will likely need to invest in equipment and facilities, as well as hire employees. It is important to develop a marketing plan that includes advertising on social media and other platforms to attract new members.
You may also want to consider offering online membership options or personal training sessions over video conferencing to reach more clients who live outside your local area.
6. Stay up to date on trends in the fitness industry
The fitness industry is constantly changing, and it’s important for gym owners to stay up to date on the latest trends. Attending conferences or reading industry publications can help you learn about new equipment, training techniques and other developments in the field. You should also regularly monitor your competition to make sure that your gym continues to provide a superior experience.
7. Join professional organizations such as the International Health, Racquet & Sportsclub Association (IHRSA)
The International Health, Racquet & Sportsclub Association (IHRSA) is a professional organization that provides resources and networking opportunities for gym owners. Joining IHRSA can help you learn about new trends in the industry and connect with other professionals who can provide advice or mentorship.
You may also consider joining your local chapter of the American Fitness Professionals and Associates (AFPA). This organization offers training courses and certifications to help you advance your career as a personal trainer.
