It is no secret that used gym equipment can save you money. Depending on what size gym space you have or plan to create – renting, leasing, or buying gently used commercial gym equipment may be more cost effective than purchasing the same new machine. Depreciation of new gym equipment begins as soon as it is delivered before it is used once.
Applications for used gym equipment are the same as for new. Everyone can save thousands of dollars, from a personal garage gym to large hotel chains with multiple fitness centers. This cost reduction may be especially valuable to a personal trainer opening a new gym for business.
It seems normal for a new gym owner to want all the shiny latest equipment to attract clients. This has been studied, and more than equipment is needed to attract and keep clients.
Like any new business, there are hidden costs to open and keep afloat until a healthy following has reached sustainability. Insurance, advertising, licensing, inspections, and signage must be considered.
As the business grows, it becomes apparent what equipment the clientele uses most. Then, as finances permit, additional equipment can be added or replaced to the delight of clients.
Rent, Lease, or Purchase?
Used fitness equipment can be obtained in a variety of ways. There are pros and cons to each. If you purchase outright, then when it is time to replace, there is less concern about the condition of the equipment. With a lease or rental, there are often stipulations about the amount of wear and tear when returning the equipment.
The return is usually better financially if the equipment is used correctly and maintained throughout the lease or rental agreement. In addition, the terms are laid out; there is clarity as to what can be expected.
Another option available at Used Gym Equipment is the lease-to-own program. It is particularly advantageous to new gym ventures, smaller gyms, or any center that doesn’t plan to switch out or add equipment frequently. But, again, it may be the best option with limited funds to have confidence in buying.
We are problem solvers going beyond the walls of a fitness center. One way we do this is by offering daily, weekly, and month-to-month rentals. Rentals can be solutions for special events, movie or TV film sets, and other creative needs.
Remanufactured used gym equipment is about quality. Our commercial-grade exercise equipment is made to last. Since 1989, we have been helping our customers put together incredible fitness facilities. Together, we make used gym equipment a win-win for everyone!
To learn more about our products and services and how we can help you create a state of the art and cost-effective fitness center please visit www.UsedGymEquipment.com or call 310.638.4800 to schedule an appointment.