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18,Aug reviewed by Paul Lewis
As a gym equipment supplier, I am often asked about the cost of gym equipment. Choosing the right fitness equipment is crucial for the successful operation of a gym, but budget constraints also need to be considered. Below are my professional suggestions on price ranges for gym equipment based on years of experience in the industry:
For strength training areas, we usually recommend commercial grade equipment such as renowned brands like Technogym or Matrix. These include various strength machines, dumbbell sets, multi-function stations etc. Although the initial investment may range from $10,000 to $50,000 per unit, they are worthwhile in the long run considering their durability and years of usable lifespan. This can also attract more high-end members.
For cardio areas, we recommend opting for light commercial or commercial grade equipments like True Fitness, Precor etc. These include treadmills, exercise bikes, ellipticals, spin bikes and so on. Each unit may cost between $1,000 to $3,000. This provides good value for money.
For entry-level or budget constrained gyms, some home-use grade equipments like NordicTrack, Bowflex etc can be chosen. The quality and durability of these is lower but costs only $500 to $1,500. This is a good option for gyms just starting out.
Apart from the equipment, other auxiliary facilities like mats, lockers, railings etc also need to be accounted for. The total investment for a new mid-sized gym would be around $100,000, while high-end gyms may require over $500,000.
Choosing the right gym equipment is very important but room size, training goals and member skill levels also need to be considered. If budget allows, I usually recommend opting for commercial grade quality equipments as it can deliver long-term workout experience and returns.