3,000 Sq Ft and 7 Figures

05/08/2025 21 min

Listen "3,000 Sq Ft and 7 Figures"

Episode Synopsis

No gym owner expands or opens a second location thinking it’ll hurt the business. But for a lot of them, that’s exactly what happens.The logic sounds solid – more space means more clients, more sessions, more revenue. But when the rent goes up, the overhead stacks, and the extra square footage sits half-used, the math starts looking very different.In this episode, Tim and Randy share what happened when they went from 3,200 to 8,000 square feet – and why it’s not a move they’d make again. They dig into what changed during a remodel that forced them to run the business in one-third of the space… and why that setup worked better than anyone expected.Most gyms don’t need more room – they need a sharper model, stronger numbers, and a location that actually pulls its weight. That’s where the leverage is.Tune in and learn how to actually do more with less.Key Takeaways: Intro (00:00)Starting in a 3,200 sq ft space and expanding (00:40)Realization during the remodel that less is more (02:52)Paying $17,500 in monthly rent and regretting it (03:43)Location visibility vs. marketing cost (05:09)Story of a gym client choosing a better location (06:29)Optimizing current space for profit, not scale (10:05)Member quality vs. quantity – attrition challenges (13:19)Additional Resources:- Schedule your SpringBoard call - Apply to join The Iron Circle- Check out our Switch to Semi-Private course- Get 30 days of Semi-Private Pro on us!- A tool for deciding on new gym services – 5-Question Matrix- Tim's new book – Built to Win by Tim Lyons - ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group ---If you haven't already, please rate and review the podcast on Apple Podcasts!