Starting a fitness related business is one of the most popular ways to earn extra money. There are many types of businesses that fall under the category of “fitness”, including gyms, yoga studios, personal trainers, nutritionists, and more.
Starting a fitness business requires a lot of capital, so if you’re not willing to invest a large amount of money into your new business, then you should consider another option.
Fitness is one of the most popular hobbies in the world today. It is estimated that there are over 1 billion people around the world who exercise regularly. This number is expected to grow even further in the coming years.
There are many reasons why people choose to become fit. Some want to lose weight, others want to look better, while others simply enjoy being active. Whatever the reason may be, there are plenty of opportunities out there for those who wish to get into the fitness business.
Is Fitness Business Really Profitable?
The answer to this question depends on a lot of factors. The first thing you need to consider when thinking about starting your own fitness business is whether or not it will actually make money. If you have no idea how much profit you can expect from running a gym then you might as well just stick with something else because chances are you won’t see any profits at all.
However, if you know what kind of income you could realistically generate by opening up a gym and offering personal training services, then you’ll probably find yourself wanting to start right away!
The second factor which needs to be considered before deciding whether or not to open a gym is location.
You obviously don’t want to set up shop somewhere where there’s already an existing gym so you should try to avoid places like malls, shopping centers, etc. Instead, you’re going to want to focus more towards areas such as college campuses, office parks, apartment complexes, etc. These locations tend to offer higher foot traffic than other types of businesses and they also provide potential customers with easy access to their homes.
The Best Fitness Related Business Ideas
Starting a fitness business is a great way to make money while helping others. You can offer personal training services, group exercise classes, yoga classes, boot camps, and more.
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But how do you know which type of fitness business will be successful? We’ve compiled a list of the top fitness business ideas, so you can get started on your new career today.
Here are some of the best fitness related business ideas available today.
Personal trainers are professionals who help clients achieve their goals. They work with clients to develop a plan to meet their needs and then provide ongoing support to ensure they succeed. The personal trainer will usually charge anywhere from $50-$100 per hour depending on location and experience level.
Health Club Owner/Manager
Health clubs offer memberships where you can go at any time during the day or night to use all sorts of equipment including treadmills, stationary bikes, free weights, etc. You would need to have your own facility as well as staff to run it. A health club owner/manager could make between $20-30k annually.
Exercise instructors teach classes such as yoga, aerobics, Zumba, spinning, kickboxing, martial arts, boot camp, Pilates, etc. Instructors typically earn about $10 an hour but this varies greatly based on location. If you live near a university campus, you might find yourself earning more than if you lived closer to a city center.
Open a GYM
A gym is where members pay monthly fees to train under personal trainers. There are two main ways to open up a gym: franchising and opening a private club. Franchises typically own hundreds of gyms across the country. Private clubs usually cater to a niche audience that wants personalized service. Both options come with pros and cons. Read this article to learn how to start a successful gym franchise.
This is one of the coolest fitness related business ideas.
Athletic Event Organizer
Athletic event organizers coordinate athletic events like marathons, triathlons, cycling races, running competitions, soccer matches, football games, basketball tournaments, softball leagues, baseball games, etc. There are also companies that specialize in organizing team building exercises. An organizer makes money through sponsorships and entry fees.
Virtual Yoga Instructor
Virtual yoga instructors create online courses that teach students different poses and breathing techniques. Students take lessons either via video chat or text message. Many virtual yoga teachers set up shop using platforms like Udemy or Teachable.
Kids Fitness Coach
Kids fitness coaches focus on teaching children proper physical activity habits. This includes things like eating healthy foods, getting enough sleep, doing regular exercise, avoiding screen time, etc. Coaches generally start working with kids when they’re young and continue until high school graduation. Most kids fitness coaches charge around $40-$60 an hour.
Heath and Wellness Podcast
Heath and wellness podcasts cover topics related to good nutrition, mental health, stress management, weight loss, disease prevention, natural healing, alternative medicine, etc. Hosts record episodes weekly and release new ones every month.
Some hosts post daily content while others just upload once monthly. It takes 10 minutes or less to complete each episode. Guests include doctors, nurses, dieticians, psychologists, authors, bloggers, healers, experts, scientists, athletes, celebrities, and other thought leaders. This is one of great fitness related business ideas.
Nutritionists analyze food products and help clients lose weight by recommending what to eat and what not to eat. The American Dietetic Association says “Registered dietitians have completed college level coursework at an accredited institution focused specifically on human nutritional sciences. In addition, RD’s must pass both written and oral exams administered by their professional board before being able to use the title’ registered.’ ” You need to be certified by your state licensing agency to practice.
Fitness bloggers write workout routines, tips, tricks, reviews, and advice regarding all aspects of fitness. If you want to become a blogger, begin posting regularly now. Begin writing articles today as it will give you experience if you ever decide to pursue blogging fulltime. Do not expect instant results but do expect some growth over time. It’s one of the best fitness related business ideas.
Multivitamin and Supplements Seller
Multivitamins and supplements sellers sell vitamins, minerals, herbs, amino acids, proteins, probiotics, enzymes, antioxidants, essential fatty acids, and many more product lines. These items can then be sold directly from websites such as Amazon or eBay.
A great idea for beginners is to find a reliable supplier who offers discounts and sales. Also consider joining a network marketing company, which can provide substantial income since most suppliers won’t work alone.
Sports Massage Therapist
Massage therapists treat patients suffering from pain in various parts of the body. They also perform preventative care treatments for people looking to maintain optimal well-being. While there are several schools offering massage therapy training, only certain states require certification from the National Certification Board for Therapeutic Massage & Body Work.
Once certified, one may choose between practicing therapeutic massage or giving massages depending upon client preference.
Sports Magazine Publishing Business
Sports magazines publish stories about sports news, players, teams, coaches, leagues, tournaments, events, awards, statistics, rankings, records, history, trivia, and much more. Magazines often feature interviews with famous athletes, game previews, player profiles, team rosters, tournament brackets, standings, scores, stats, photos, videos, and even opinions from fans and critics. Many magazines offer online versions too.
Sports Wear Business
Sports wear businesses manufacture, market, distribute, and sell athletic clothing, footwear, equipment, accessories, and apparel. Some companies specialize in specific types of sportswear while others produce multiple categories. For example, Nike produces shoes, shirts, jackets, pants, shorts, socks, hats, gloves, bags, backpacks, watches, eyewear, umbrellas, wallets, belts, scarves, ties, handkerchiefs, neckties, pajamas, bedding, towels, kitchenware, luggage, furniture, and other household goods.
Fitness centers are booming across the country, but there’s still room for new fitness related businesses to enter the market. If you have an idea for a new fitness center, you can start by creating a business plan and then finding investors to fund your business.