Muay thai gym with its own premises

Local adults, teens and families who want regular training, plus competitors looking for a serious gym.

Recurring monthly memberships, kids' programs, private coaching, drop-ins, merchandise and sometimes hosting events or seminars.

• Strong Muay Thai coaching and, ideally, competition experience
• Managing members, staff and a timetable
• Marketing and community building
• Budgeting and lease management

• Zoning and a municipal business licence, check with your municipality before signing a lease
• Commercial general liability insurance suited to combat sports, plus property cover
• Lease commitments, which can be long and hard to exit if membership is slow
• WCB/WSIB coverage once you hire staff (rules vary by province)
• Consumer rules on membership contracts and cancellations, check your provincial rules
• Slower summer months and the risk of members dropping off, so plan cash flow

Startup costs are estimates, typically around $20,000 to $90,000 CAD, depending on your premises, fit-out and equipment. Monthly revenue is typically around $4,000 to $20,000, depending on membership. Expect at least around 30 hours a week.

Check zoning and a municipal business licence before signing a lease. Also check commercial general liability insurance suited to combat sports, property cover, WCB/WSIB once you hire staff, and your provincial rules on membership contracts and cancellations.

Lease commitments can be long and hard to exit if membership is slow, and slower summer months can mean members drop off, so plan cash flow. Skills needed include strong coaching, managing members and staff, marketing and budgeting.