Full gymnastics club with your own gym

Families paying for recreational classes and competitive team training, plus birthday party hosts, camp parents and sometimes schools or other clubs renting space.

Monthly tuition for classes and squads, registration and competition fees, camps, open gym sessions, parties and sometimes apparel sales.

• Strong gymnastics coaching and program design
• Managing and hiring coaches
• Budgeting and lease management
• Customer service with parents

• Zoning, certificate of occupancy and building code requirements for a gym, so check with your city or county before signing a lease
• Insurance for the facility and general liability, plus workers' compensation once you hire coaches
• Check coach credentials, background checks and SafeSport requirements, and any state rules for children's programs
• High fixed costs: rent, equipment and payroll continue even if enrollment is slow
• Equipment safety checks and maintenance, and accessibility requirements to confirm with your local authority
• Check whether your state taxes membership or class fees

Startup costs are typically around $60,000 to $300,000, depending on your lease, apparatus, spring floor, foam pit and fit-out. These are estimates, and fixed costs like rent and payroll continue even if enrollment is slow.

Monthly revenue is typically around $8,000 to $40,000, depending on enrollment, the mix of recreational, preschool and competitive programs, and extras such as parties or camps. Expect to work around 30 hours a week at minimum.

Check zoning, certificate of occupancy and building code requirements with your city or county before signing a lease. Also check insurance, coach credentials, background checks, SafeSport requirements, state rules for children's programs and accessibility requirements.