Opening New Gym

Hi guys,

I am currently considering pursuing my passion and opening up a little boutique gym. I know I am crazy here as I expect that this will be a very tough way to make money and there is a lot of competition in this space. I just wanted to ask if anybody here has any experience with refurbished equipment. I am trying to keep my startup costs low and wanted to weigh the cost benefit of new vs used equipment.

As far as equipment, I intend to focus more on items like powercages, benches, sleds/prowlers, free weights, barbells, GHR, tires, reverse hyper, etc. I don’t think that I will have any treadmills or fancy machines in this gym. I understand that this will turn away a majority of casual gym goers but those customers would not be my focus anyway.

Any feedback would be greatly appreciated.