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Can you open a gym with $10k?

Can you open a gym with $10k?

Posted by Tyler Spraul, Certified Strength and Conditioning SpecialistĀ® (CSCSĀ®) on February 5, 2024 ā€” Updated on February 5, 2024

Yes, you can open a gym with $10k. Opening a gym with $10k is challenging but not impossible, especially if you focus on a specific niche or adopt a low-cost business model.

Can you open a gym with $10k?

Gyms with minimal startup costs include equipment light options like outdoor boot camps, virtual training, or a small personal training studio. Creative use of resources and careful planning are key to making the most of a limited budget. Read on to learn how to open a gym on a budget and get more information on the cost to open a gym.

Average Gym Startup Costs by Type of Gym

The chart illustrates the estimated minimum startup costs for different types of gyms. From outdoor bootcamps, which require the least investment, to full-service gyms, which demand the most substantial financial commitment because of the equipment needed to start a gym and various gym lease costs, or the cost to build a commercial gym facility, gym insurance costs, etc., this visualization helps to compare the initial capital required to start various gym models.

This comparison can aid fitness professionals in making informed decisions based on their budget and business aspirations. Small gyms can make money, but you can also make money by making a fitness app and selling workout plans online without requing significant expenses for buildings, staff, and equipment.

PJF Performance
I sold a workout program and matched my yearly salary of in-person training within two weeks of selling to my community!
Paul Fabritz
Founder and BS, CSCS, NSCA-CPT, ACE, FMS, PJF Performance

For fitness entrepreneurs looking to maximize a limited budget, Exercise.com offers a cost-effective solution. The platform provides a comprehensive suite of tools for managing and growing a fitness business, including client management, workout creation, and online payment processing, all within a custom-branded fitness app. This makes Exercise.com an ideal choice for those starting with a smaller budget, as it allows for the expansion of services without the need for significant upfront investment in physical space or equipment.

Fitness Income Ideas

With the best personal training software, the best software for fitness influencers, the best online fitness coaching software, and the best gym software, Exercise.com offers unparalleled customization, allowing fitness professionals to build their own custom branded fitness apps with the best white label fitness app builder software platform.

From running online fitness challenges, to creating one of the best fitness influencer apps, to selling workout of the day memberships, to learning how to create a fitness app, to much more, there are many ways to make money with fitness, and with the Exercise.com platform you have everything you need.

Offer easy gym check-ins.


Quick gym booking and appointment scheduling.


You can create and sell fitness memberships, products, and digital offers.

Gym Payments

You can manage, message, and market to your online personal training clients and leads.

Gym Marketing Automations

All from your very own custom branded fitness apps.

Custom Branded Apps
Exercise.com is simply the best. We were using three or four different apps or softwares to do what we can now do all in one with the Exercise.com platform.
Brandon Stroupe
Founder and President, APEC Sports Performance

Get a demo now!

Average Gym Start-Up Costs by Type of Gym

The table below lists different types of gyms ordered from least expensive to most expensive to start, along with their estimated average startup costs:

Type of GymAverage Startup Costs
Outdoor Bootcamp$2,000 – $5,000
Online Fitness Platform$5,000 – $10,000
Personal Training Studio$10,000 – $50,000
Boutique Fitness Studio$50,000 – $100,000+
Full-Service Gym$100,000 – $500,000+

This ranking highlights the broad range of investment requirements in the fitness industry, from low-cost, flexible options like outdoor bootcamps and online platforms to more capital-intensive ventures such as full-service gyms. For fitness professionals considering starting a gym, selecting the right type of gym to invest in will depend on available resources, business goals, and target market preferences.

Read More:

Strategies for Starting a Gym with $10k

Focus on a niche market

Concentrate on a specific area of fitness to reduce competition and attract a dedicated clientele.

Start small

Begin with personal training or small group sessions that don’t require a large space or extensive equipment. Be careful about the monthly cost of running a gym and keep your burn low.

Go digital

Offer online training programs or virtual classes to eliminate the need for a physical location.

Leverage outdoor spaces

Conduct classes in parks or public spaces to save on rent and utilities.

Invest in essential equipment

Purchase only the most necessary equipment and consider second-hand to stretch your budget.

Utilize technology

Adopt a platform like Exercise.com with the best gym management software to manage your business efficiently, reducing administrative costs.

Why Exercise.com is the Best Choice

Exercise.com’s versatility makes it an invaluable tool for new gym owners, especially those working with limited resources. The platform’s ability to support a wide range of fitness servicesā€”from in-person sessions to online trainingā€”allows for business growth without the need for a significant initial investment. By focusing on providing exceptional service and leveraging the right technology, even a small-budget gym can thrive.

Starting a gym with $10k and even learning how to start a fitness business with no money requires innovative strategies and efficient use of resources. By focusing on niche markets, starting small, and leveraging technology like Exercise.com, fitness professionals can build a successful business within their budget constraints. To explore how Exercise.com can help you start and grow your gym, consider booking a demo today.

AMPD Golf Performance
“Working with Exercise.com and their team has been an amazing experience and a dream come true in terms of accomplishing a vision! Their workout technology has helped us effectively engage our community, and I highly recommend Exercise.com to grow your business!”
Andrew Banner
Co-Founder, AMPD Golf Performance

Get a demo now!

Tyler Spraul is the director of UX and the head trainer for Exercise.com. He has his Bachelor of Science degree in pre-medicine and is an NSCA-Certified Strength and Conditioning SpecialistĀ® (CSCSĀ®). He is a former All-American soccer player and still coaches soccer today. In his free time, he enjoys reading, learning, and living the dad life.
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