Posted by on February 3, 2024 — Updated on March 30, 2024
Gyms typically make the most money in January. This surge in revenue is largely due to New Year’s resolutions, with many people committing to improve their fitness and health at the start of the year.
This January gym membership surge leads to an increase in gym memberships, personal training sessions, and class sign-ups during January, making it one of the busiest gym months not only for foot traffic but also for gym revenue.
The phenomenon of gyms making the most money in January is tied to the cultural practice of setting New Year’s resolutions, where a significant number of individuals resolve to embark on a healthier lifestyle, lose weight, or achieve specific fitness goals. This motivation drives an influx of new memberships, as people are eager to start their fitness journey at the beginning of the year. Here are the gym membership statistics by month.
Read on to learn more about which months gyms make the most money for various types of gyms, get a list of factors that influence gym revenue, and then check out the best gym management software. Learn how to increase gym revenue and profit and how to run a successful gym with the best gym payment processing software, best marketing software for gyms, and best unified platform for managing your entire gym.
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Understanding these dynamics, gyms can strategically plan their marketing, staffing, and service offerings to capitalize on the January influx, setting a positive revenue trajectory for the year ahead.
Read More: Gym Membership Statistics
Besides January, there are other important months for a gym’s financial and operational performance, with March often standing out for several reasons:
Each of these periods presents unique opportunities for gyms to launch gym marketing campaigns, offer gym promotions, and introduce new classes or challenges to maximize engagement and capitalize on the seasonal motivations of their members. Tailoring strategies to leverage these key times can significantly impact a gym’s annual performance.
The amount of money gyms make in January can vary significantly based on factors such as the gym’s size, location, membership pricing, and the specific services offered. However, it’s well-documented that January is a peak month for gym revenue due to the influx of new memberships from individuals acting on their New Year’s resolutions to get fit.
For many gyms, January can bring an increase in revenue of anywhere from 25% to 50% compared to other months. For example, a mid-sized gym that typically earns $20,000 per month might see revenues increase to $25,000 to $30,000 in January. Larger chains with more extensive marketing campaigns and brand recognition could see even more significant increases, potentially doubling their average monthly revenue in some cases.
It’s important to note that while January offers a substantial revenue boost, maintaining this level of income throughout the year can be challenging as the initial enthusiasm wanes and some new members cancel their memberships or visit less frequently. Successful gyms often use this peak period to implement retention strategies and diversify their revenue streams to sustain their business year-round.
The busiest month for gyms is typically January, driven by New Year’s resolutions. Many people commit to improving their fitness at the start of the year, leading to a significant increase in gym memberships and attendance.
The “best” month to join a gym depends on personal preferences. January offers a bustling atmosphere with high energy and motivation, while quieter months like March or October can provide a more relaxed environment for those intimidated by crowds.
Yes, gyms often make the most money in January due to the surge in new memberships and renewed contracts, as individuals are motivated by New Year’s resolutions to start or recommit to their fitness journeys.
The best month to join a gym can vary; January often has special offers to attract new members, but quieter months like May or August might offer better deals as gyms look to boost membership during slower periods.
The quietest month for gyms is often August, as many people are on vacation or taking advantage of outdoor activities. December can also be quiet due to the holiday season and end-of-year festivities.
The slowest months at the gym are typically August and December, when vacations, outdoor activities, and holiday commitments lead to decreased gym attendance.
Gyms make the most money from membership fees, personal training services, group classes, and ancillary sales such as merchandise, supplements, and additional health and wellness services.
Read More: Ways Gyms Make Money
The gym is most empty on Fridays and Sundays, as people tend to prioritize social activities or rest on these days, leading to lower attendance.
Boutique fitness studios that offer specialized classes like yoga, pilates, spin, or high-intensity interval training (HIIT) tend to be more profitable due to their ability to charge premium prices for specialized services and create loyal communities.
Read More: Average Gym Profit Margins
Most people join a gym in January, motivated by New Year’s resolutions to improve their health and fitness.
Gyms are typically busier in the winter, as cold weather and shorter days limit outdoor exercise options, driving more people indoors for their workouts.
Exercise.com can help you run a successful gym business by providing comprehensive gym management software that includes features for membership management, scheduling, workout creation and delivery, e-commerce, and detailed business analytics. This platform can streamline operations, enhance member engagement, and facilitate growth by enabling personalized fitness experiences and efficient business management.