CrossFit Discussion Board  

Go Back   CrossFit Discussion Board > Community > Running a CrossFit Facility
CrossFit Home Forum Site Rules CrossFit FAQ Search Today's Posts Mark Forums Read

Running a CrossFit Facility Tips and guidance on how to open and operate a CrossFit gym.

Reply
 
Thread Tools
Old 06-01-2013, 12:25 PM   #1
Gary Ostroski
Affiliate Gary Ostroski is offline
 
Gary Ostroski's Avatar
 
Profile:
Join Date: Apr 2013
Location: Baltimore  MD
Posts: 50
Break Even Point

Searched around a bit but couldnt find anything. I am curious what some of the new and established affiliates have as their break even point in terms of members. I am looking at the numbers I have pulled together and I am seeing between 22 and 26 depending on the contract mix.

Thanks in advance.
  Reply With Quote
Old 06-01-2013, 02:14 PM   #2
Luke Conner
Member Luke Conner is offline
 
Luke Conner's Avatar
 
Profile:
Join Date: Jun 2012
Location: Phoenix  AZ
Posts: 236
Re: Break Even Point

No one will be able to give you that answer as it is wholly dependent on your monthly costs and what you're charging for your athletes.
  Reply With Quote
Old 06-01-2013, 04:23 PM   #3
Brian Strump
Affiliate Brian Strump is offline
 
Brian Strump's Avatar
 
Profile:
Join Date: Sep 2009
Location: Charlotte  NC
Posts: 2,619
Re: Break Even Point

I'm still surprised that people start a business without knowing some answers to key questions.
__________________
Brian Strump, D.C., FMS, NKT
www.crossfitsteelecreek.com/
  Reply With Quote
Old 06-01-2013, 05:03 PM   #4
Gary Ostroski
Affiliate Gary Ostroski is offline
 
Gary Ostroski's Avatar
 
Profile:
Join Date: Apr 2013
Location: Baltimore  MD
Posts: 50
Re: Break Even Point

I know my answer. As I said, 22 - 26. Was just curious is all. Wasnt asking what mine would be. Was asking what others might be.
  Reply With Quote
Old 06-01-2013, 07:22 PM   #5
Carl Brenton
Affiliate Carl Brenton is offline
 
Profile:
Join Date: Nov 2010
Location: George Town  Cayman Islands
Posts: 74
Re: Break Even Point

22-26 is very low and I doubt that would be a break even unless you were in a garage. Obviously it depends on your costs and setup but off the top of my head something like 50 would be more realistic. At 100 you are probably able to pay yourself a salary.
  Reply With Quote
Old 06-01-2013, 07:29 PM   #6
Steve Loeding
Affiliate Steve Loeding is offline
 
Profile:
Join Date: Dec 2008
Location: Minneapolis  MN
Posts: 464
Re: Break Even Point

Only you would know that -

Expenses

Rent
possibly heating / electric / water
insurance
affiliate fees
if you have a website - hosting fees, zen planner fees, processing fees, etc.
Equipment ( new and replacement )
If you have trainers - then you also have to potentially pay salary, not to mention paying someone like paychex etc to process the paychecks for you
Retail stuff that may sit around for awhile
AND TAXES ( don't forget taxes ) - it's about 1/3 of your income (depending, of course)
Your own living expenses, savings for retirement, savings for a rainy day fund, etc

Again, a lot depends on your personal situation. But 25 people seems a bit low.
__________________
Steve - Top Gun CrossFit - Mpls MN
  Reply With Quote
Old 06-01-2013, 08:07 PM   #7
Gary Ostroski
Affiliate Gary Ostroski is offline
 
Gary Ostroski's Avatar
 
Profile:
Join Date: Apr 2013
Location: Baltimore  MD
Posts: 50
Re: Break Even Point

Gotcha. As I said I was just inquiring about others. Not my own. Thanks though.
  Reply With Quote
Old 06-02-2013, 06:34 AM   #8
Brian Strump
Affiliate Brian Strump is offline
 
Brian Strump's Avatar
 
Profile:
Join Date: Sep 2009
Location: Charlotte  NC
Posts: 2,619
Re: Break Even Point

Quote:
Originally Posted by Gary Ostroski View Post
Searched around a bit but couldnt find anything. I am curious what some of the new and established affiliates have as their break even point in terms of members. I am looking at the numbers I have pulled together and I am seeing between 22 and 26 depending on the contract mix.

Thanks in advance.
Gary,

Your website says $175 for month to month. Assuming that you have 25 members all paying that price, equals $4375. Are you paying yourself anything? Trainers pay(There are 15 listed on your website)? I would think your affiliate fee and insurance would eat up at least $300-600/mon depending on those costs.
By the looks of your fb page, you are not in a garage, and have rent and utilities to pay too.

You know your numbers....however, like the others said, they seem quite low; and they can vary greatly from each affiliate that I don't think anyone's answers will offer much help.
__________________
Brian Strump, D.C., FMS, NKT
www.crossfitsteelecreek.com/
  Reply With Quote
Old 06-02-2013, 07:04 AM   #9
Gary Ostroski
Affiliate Gary Ostroski is offline
 
Gary Ostroski's Avatar
 
Profile:
Join Date: Apr 2013
Location: Baltimore  MD
Posts: 50
Re: Break Even Point

Thanks Brian. I don't have a site or FB yet though. In week four of waiting for affiliation. I actually have an extremely detailed spreadsheet with cash flow and contribution margin that I have developed. Just creating conversation while waiting.
  Reply With Quote
Old 06-02-2013, 07:43 AM   #10
Brian Strump
Affiliate Brian Strump is offline
 
Brian Strump's Avatar
 
Profile:
Join Date: Sep 2009
Location: Charlotte  NC
Posts: 2,619
Re: Break Even Point

Ha, not much of a detective. This is where I got my info;
https://www.facebook.com/PUSHCrossFit?fref=ts

Regardless, if that is your break even point, you are lucky to have been able to keep overhead that low.

Good luck!
__________________
Brian Strump, D.C., FMS, NKT
www.crossfitsteelecreek.com/
  Reply With Quote
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
SS Break Justin Wolf Fitness 2 06-27-2010 06:30 PM
At what point do you take a break? Evan Wharton Fitness 6 09-18-2009 07:12 AM
Relatively new crossfitter taking a break. Some questions about the 'break' Tres O Johnson Fitness 6 06-19-2008 07:28 PM
Need a break John Ponzetti Fitness 18 05-04-2006 07:25 AM
A break can do you well! Dave Campbell Testimonials 1 07-16-2003 11:38 AM


All times are GMT -7. The time now is 07:42 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
CrossFit is a registered trademark of CrossFit Inc.