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The ideal profit margin for gyms is 20%. But only 20% of gyms actually achieve it. Why? And more importantly, what can you do about it?
In this Masterclass Mini, discover the key financial benchmarks every gym owner needs to know: profit margins, membership growth rates, PT labor splits, and total labor percentages. Learn why comparing yourself to others can be misleading, what factors actually drive profitability, and how to conduct a financial health check that reveals your biggest opportunities.
You'll discover:
The 20% profit margin benchmark (and why your area matters more than you think)
Three key factors that influence margins: efficiency, retention, and revenue streams
The 60/40 PT labor rule and when it's okay to break it
Why total labor percentages depend on your revenue mix (PT heavy vs membership heavy)
How to use benchmarks as information, not judgment
Real examples: grocery stores at 1-3%, Planet Fitness at 10%, top Anytime locations at 37-40%
The premium membership strategy that costs nothing to serve but adds massive margin
Plus: Stop comparing your $13K rent location to someone paying $3K. Learn how to optimize for YOUR reality.
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About Author

Ceo & Strategic Architect
Builder of 30+ fitness studios and advisor to 200+ gyms across North America. Andrew leads Mastermind with a focus on structure, culture, and execution that scales without burnout. He helps owners simplify decisions, align teams, and grow with clarity.
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