Private Personal Training Studio

Clients who want a quiet, focused space with no crowded gym floor, including people who train year round regardless of weather.

Session packs and monthly memberships for one to one and small group training. Renting spare hours to other trainers can add income.

• Programming and coaching
• Basic business and budgeting
• Client retention and local marketing

• Startup costs add up quickly: lease deposit and first month's rent, leasehold improvements such as flooring, mirrors and lighting, equipment, insurance and signage, so get several quotes and budget a cash buffer
• Commercial lease terms and rent, so get advice before signing and avoid long commitments at first
• Commercial general liability, professional liability and property insurance
• Zoning, fire and accessibility rules for the premises, so check with your municipality
• WCB/WSIB coverage once you hire staff, which varies by province
• Fixed costs continue in slow months, such as summer holidays, so keep a cash buffer

Startup costs are typically around $35,000 to $120,000, depending on the lease deposit, fit-out such as flooring and mirrors, equipment, insurance and signage. Get several quotes and keep a cash buffer.

Monthly revenue is typically estimated at around $3,000 to $15,000, depending on client numbers, session pricing and how full your schedule is. Fixed costs continue in slow months such as summer holidays, so keep a cash buffer.

Check zoning, fire and accessibility rules for the premises with your municipality, plus commercial lease terms. Also check commercial general liability, professional liability and property insurance, and WCB/WSIB coverage if you hire staff, which varies by province.