As the shared economy concept grows, it’s time to learn about the differences between shared space, flexible space, and coworking, and how they can benefit your organization.
Chris owns and coaches Team Underground Fight Center, a gym for mixed martial arts. He holds three training sessions per
Chris was Paying to Use his building 100% of the year but was using it only 20% of each week
After looking through his accounts, he found that he was paying $3,500 a month in rent. However, after counting the hours, he realized his gym was only being used 6 hours a day, 6 days a week. His lease paid for 720 hours per month, but 80% of the time, his building wasn’t in use. He paid over $2,700 each month for unoccupied space. That's when the concept of gym sharing popped up in his mind.
Owning a Gym and Gym Sharing with
Chris began to search for a way to make money during his downtime. He found the best answer in
Chris Balanced Owning and Running a Gym with Other Tenants
After that, he connected with a yoga instructor who had outgrown her space and now uses his gym to hold her classes. By renting out his unused space to fellow entrepreneurs, Chris reduced his rent expenditure by a massive 60%.
With the extra $2,000 that Chris earns every month, he’s been able to re-invest in his business by purchasing new equipment and increasing his advertising.
The opportunity is out there for you to share gym space
Every month, over 650,000 internet searches are made by businesses who need commercial space. There are literally thousands of people who are interested in the space that you have.
Don’t let your space go to waste. Be like Chris, and start earning money even when you’re not at work. If you’re a business owner,
From finding qualified, verified people to share space with to getting the details setup, SpaceTogether is here to help you along the way. Space sharing can be simple, get your first posting complete at this link.