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

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Old 09-04-2012, 08:15 AM   #11
John Franklin
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Re: Crossfit Business Plan

Again Faster has a great cash flow calculator for free. You can get it here: https://www.againfaster.com/running-a-box/

It's not completely extensive but it's a good start.
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Old 09-04-2012, 04:28 PM   #12
Matthew Boyd
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Re: Crossfit Business Plan

I strongly recommend watching the entire series by Jon Gilson. Starting with https://www.againfaster.com/blog/201...iliate-part-1/

I followed this exactly. It has worked great.
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Old 09-05-2012, 07:57 AM   #13
Justin M. Furtado
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Re: Crossfit Business Plan

Quote:
Originally Posted by Peter Hellberg View Post
Hi Karl I am just about to open up my box in the next couple weeks. I will send you an email later today with how we went about it.
Peter, would you mind sending me an email as well?

jfurtadospfd@gmail.com

thanks!
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Old 09-05-2012, 04:51 PM   #14
Joey Dussel
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Re: Crossfit Business Plan

Check out 321Go for great tools. They have a crazy 10 sheet Microsoft Excel spreadsheet that calculates tons and tons of costs for your gym.
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Old 09-07-2012, 08:53 PM   #15
Aaron Korth
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Re: Crossfit Business Plan

Peter, I know you've been asked 100 times to email your plan... would you mind doing it 101??? korth1717@yahoo.com

Thank you in advance!!!
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Old 09-07-2012, 10:27 PM   #16
josh nieva
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Re: Crossfit Business Plan

Quote:
Originally Posted by Peter Hellberg View Post
Hi Karl I am just about to open up my box in the next couple weeks. I will send you an email later today with how we went about it.
please share it to me also - jos.nieva@gmail.com

Thank you!
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Old 09-09-2012, 12:52 AM   #17
Mark Zöller
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Re: Crossfit Business Plan

Hi Peter ,

Please can you share it to me also mark.zoeller@gmx.net

Thanks a lot
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Old 09-09-2012, 09:27 AM   #18
Chris Dukes
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Re: Crossfit Business Plan

Might as well throw mine in as well
cdukes1984@yahoo.com

A great book to read on this is "The ABC's of Writing Winning Business Plans" by Garret Sutton
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Old 09-09-2012, 04:21 PM   #19
Steve Shalloway
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Re: Crossfit Business Plan

I'll take it too please. Thanks.

sshalloway@gmail.com
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Old 09-11-2012, 02:35 PM   #20
Christopher Page
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Re: Crossfit Business Plan

Karl,

First it's important to understand that CrossFit is not a business model, it's a workout philosophy only. The net margins required to run a box don't work with what most owners charge for training rates. $100-$150 unlimited per month are insanely low. Don't fall into it, basically that's $5-$7.50 per hour. Don't get caught copying another box pricing structure. At this price point you will forever be a part-time box owner with another full-time job. We charge $250 - $450/mo. for 12 month commitment. Second, hire a professional fitness business company to guide you on your business plan. The best in the industry is NPE http://www.fitnessmarketingmuscle.com/ and they are a global Fortune 500 company. Third, your banker is going to want to see positive cash flow, positive net profit and adequate return on investment. Not one of three but three of three. Again, most box pricing models don't allow for three of three. Fourth, if you're any less than $25/hour for group training the margins typically don't work, even with cheap wearhouse rent. Be cautious of low cost price points, they don't work for most banks and it cheapens your value as a service provider. Fifth, read "Found Money" by Steve Wilkinghoff ASAP!!! Good Luck.
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