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3,000 Sq Ft and 7 Figures

Published 1 year ago
Description

No gym owner expands or opens a second location thinking it’ll hurt the business. But for a lot of them, that’s exactly what happens.

The logic sounds solid – more space means more clients, more sessions, more revenue. But when the rent goes up, the overhead stacks, and the extra square footage sits half-used, the math starts looking very different.

In this episode, Tim and Randy share what happened when they went from 3,200 to 8,000 square feet – and why it’s not a move they’d make again. They dig into what changed during a remodel that forced them to run the business in one-third of the space… and why that setup worked better than anyone expected.

Most gyms don’t need more room – they need a sharper model, stronger numbers, and a location that actually pulls its weight. That’s where the leverage is.

Tune in and learn how to actually do more with less.

Key Takeaways: 

  • Intro (00:00)
  • Starting in a 3,200 sq ft space and expanding (00:40)
  • Realization during the remodel that less is more (02:52)
  • Paying $17,500 in monthly rent and regretting it (03:43)
  • Location visibility vs. marketing cost (05:09)
  • Story of a gym client choosing a better location (06:29)
  • Optimizing current space for profit, not scale (10:05)
  • Member quality vs. quantity – attrition challenges (13:19)

Additional Resources:

- Schedule your SpringBoard call

- Apply to join The Iron Circle

- Check out our Switch to Semi-Private course

- Get 30 days of Semi-Private Pro on us!

- A tool for deciding on new gym services – 5-Question Matrix

- Tim's new book – Built to Win by Tim Lyons 

- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group 

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