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Gym · 14 min

Opening a gym

Before the first member walks in, you've signed a lease for years, bought the machines and sold memberships to people who've only seen a drawing.

MEMBERS
Ticket 01 · The guess

What does a big club cost?

Life Time builds huge clubs with pools, studios and cafés. After the money it gets back from landlords, including selling buildings and leasing them back, what does it expect each new club to cost it, on average?

$5M
$0$60M
Words to know

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Sources and every number (2)

Sources

  • Life Time Group Holdings, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Life Time Group Holdings, Inc. (filed with the U.S. SEC), 2025
  • Xponential Fitness, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Xponential Fitness, Inc. (filed with the U.S. SEC), 2025

Every number

  • $25M–$30Msec.gov ·2025 · What Life Time generally expects to put into each new club on average, after construction reimbursements and the money from selling buildings to landlords.
  • 3–4 yearssec.gov ·2025 · How long Life Time's new centers have taken, on average, to reach the sales it expects.
  • 71%sec.gov ·2025 · Share of Life Time's centers that are leased (the report says about this many).
  • 10 clubssec.gov ·2025 · New centers Life Time opened in 2025.
  • $554,000sec.gov ·2025 · What a franchisee put in to open a studio, on average across Xponential's brands, 2025.
  1. Lessons›
  2. Industries›
  3. Gym
  • ·Before this: What a lost member costs
  • ·Next: Trainers and classes
  • ·Free guide: How gyms make money
Skip to the lesson
Back to the home page and map, from TryOwning · Gym · Lesson 3
Part 1 of 3Part 1 of 3, 0 done

Gym · 14 min

Opening a gym

Before the first member walks in, you've signed a lease for years, bought the machines and sold memberships to people who've only seen a drawing.

MEMBERS
Ticket 01 · The guess

What does a big club cost?

Life Time builds huge clubs with pools, studios and cafés. After the money it gets back from landlords, including selling buildings and leasing them back, what does it expect each new club to cost it, on average?

$5M
$0$60M
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (2)

Sources

  • Life Time Group Holdings, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Life Time Group Holdings, Inc. (filed with the U.S. SEC), 2025
  • Xponential Fitness, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Xponential Fitness, Inc. (filed with the U.S. SEC), 2025

Every number

  • $25M–$30Msec.gov ·2025 · What Life Time generally expects to put into each new club on average, after construction reimbursements and the money from selling buildings to landlords.
  • 3–4 yearssec.gov ·2025 · How long Life Time's new centers have taken, on average, to reach the sales it expects.
  • 71%sec.gov ·2025 · Share of Life Time's centers that are leased (the report says about this many).
  • 10 clubssec.gov ·2025 · New centers Life Time opened in 2025.
  • $554,000sec.gov ·2025 · What a franchisee put in to open a studio, on average across Xponential's brands, 2025.
  1. Lessons›
  2. Industries›
  3. Gym
  • ·Before this: What a lost member costs
  • ·Next: Trainers and classes
  • ·Free guide: How gyms make money