How Much it Cost To Open My Basketball Gym | The process of opening a basketball training facility
HTML-код
- Опубликовано: 27 сен 2020
- This video covers EXACTLY how to open a basketball gym and exactly how much it cost to open your own gym. This video I go into depth on the exact steps I took in order when it came to finding my own space, purchasing the hoops, paint and get the floor installed.
Opening a basketball training facility was not an easy process but was certainly worth it. I started by looking for my own business location around Lowell Ma by searching on loop net. I then proceeded to look at a couple and picked this space. It needed a lot of work so that is what ended up costing a lot of money.
We had to paint, fix up the stairs and mezzanine, install hoops and finaly install the basketball court which was the most expensive part. I also had to go through business registration, getting insurance and all sorts of annoying stuff like that to open my own business location. In the end it cost a bit of money up front but is well worth it and hope to be here for a while.
If you are interested in how much it costs and how to go about opening your own business this video will certainly help you get a general idea.
Follow me on IG: tjltraining... 
Спорт
That $44k doesn’t sound bad at all especially when it’s your dream and worked towards it. I’m looking at doing the same thing!!
Hell yeah!!
Wish you the best of luck man, same here💯✅
How much should I charge
We're trying to do the same thing in our small town at the old highschool. We had a great gym and the wrong mayor let the roof go and now only have the foundation. We want to build one back for the town to have events. What do you suggest since we don't have the money
It’s really not that bad forreal….. what I do wanna know is how much is the expenses as far as heat/ac and lights per month … training enough kids he’ll make that back in decent timing exapecially if he already had people he was training
Long time follower. Congrats man. Really awesome and inspirational. Keep on grinding.
Thank you very much really appreciate it.
Congratulations! Came across your video since my searches were building my own basketball gym. Great information 👍🏽
Thank you! Glad I could help!
congrats bro this is my dream. Keep hustling and buy the gym outright one day
Exactly that’s the goal💪🏽💪🏽
I respect that you put your mind too it and went through with doing what you love, props too you man.
Thank you
Congratulations on your gym bro. This video was super helpful; thank you! 🙏🏾
Thank you very much
Awesome videos man, I'm looking at opening up a court myself, and your videos are very transparent and helpful. Definitely using them for tips as I'm trying get my own running.
Glad to hear
love the video. inspiring others. much appreciated. keep going!
Thank you
I’m going through the comments and the way Tyler is going through all comments & answering is truly appreciation.
He’s not holding no info he’s helping out
Exactly!! That’s the goal, help the next people coming up
It's a big deal these are people's dreams thank you!@@tjltraining
Very inspiring bro congrats on all your hard work, dedication and sacrifice. Your level of focus is commendable. I have a similar dream, and seeing someone younger than me carry it out is big inspiration
much respect! go get it
Happy for you bro, keep chasing dreams!
Thank you💪🏽
Just subscribed to your channel man. I loved the video and appreciate all the information without leaving anything out. I'm in the process of opening my own gym too. THANK YOU MAN!! 💯💯💯💯
Without a doubt man!! Keep grinding and if you want to see any certain content let me know
Fosho 💯💯💯
Thanks for this video it really gave me some insight on the process. Looking to build one in but just finding a place that is where I need it to be is difficult right now.
It is definitely difficult I looked every day for months... just keep at it when one comes up that’s perfect be the first one to pursue it. Network with agents, realtors etc
Just stumbled onto your channel. In the process of starting a similar gym here in Connecticut. Very helpful video. The gym looks great man, best of luck.
Thank you, glad it could help you and best of luck with the gym!!!
where in CT
Great job bro, thank you for sharing your experience
thank you
Great video thank you for your time and effort, keep grinding and may god keep blessing you and your business, this video is so knowledgeable and inspirational to me again thank you so much!!
thank you very much!!!
Facts! I’m planning on doing the same thing right now in northern Cali. Definitely should connect 💯
Thank you for creating this content 🙏🏽🙏🏽
This Gym is sick🔥 I would love to train here💪🏼 I’m looking to do something like this in the future and this Vid has helped a lot thanks!
Best of luck with it!!
Very resourceful and direct. It gave me more confidence in my idea to open a facility. Best of luck to you.
Thank you very much and best of luck to you as well
@@tjltraining I want to open a 24 hour basketball gym. A lot of people don’t like to exercise and lift weights so they use sports as their way to exercise. And there is literally no night basketball gym
Literally a video that I've been searching for the past few years. Love basketball and hope to become a skills & development coach in the future so this would help so much when it comes to the expected investment! Appreciate you 🙏🙏👌👌
glad this video helped! If you are interested in any other type of videos feel free to let me know in the comments!
Congrats brother!
I’m thinking of building my own indoor court and after I watched this it helped a lot
Glad that it helped, check out our other videos too
Following because I want to do something similar. I appreciate you making this video bro.
Of course!! Any video ideas you want let me know !
That’s dope man fr proud of you and I don’t even know you thanks for the info
Thank you!! Much appreciated
Nice. I’m thinking about opening one up. Thanks for the insight
💪🏽💪🏽good luck
Omg this is so inspirational my dream is for a community center 🙏🏽 I hope all the best for you and your gym 🔥
Appreciate it!!
this is too dope man i’m hoping to open my own gym after my college basketball career
Love it good luck!
Really cool, good luck with the business!
Thank you!
Great motivation thank you
thanks for watching and dropping a comment!
Thank you for the video. It was very informative!
Thank you!
OPENING A GYM WEBINAR RECORDING buy.stripe.com/9AQ8Ah9vX3XU6hqaEK
Thanks for the tips.
of course!
Nice Tyler big investment but I know you will definitely make it work. Congrats again and can't wait to see you put the gym to use.
Thank you very much coach
this is great info dude, Im in Mass as well and considering doing this, really want a full court tho, might be cheaper to buy an old barn (for half court) no idea just guessing. Congrats on the gym!
Thank you!!
This is so helpful in so many ways. You have my subscription and follow. Hope your business is thriving brother. Couple of questions:
what type of flooring did you use?
what is the measurement for the basketball court itself?
how many sq. ft is the whole property?
Is the second part of the insurance coming from the same insurance provider as Camp Team?
Thank you very much, I used icon surfaces, basketball court is 50X50 and total sq foot is 3,300 sq feet. and yes
Dope!
Great video already
Thinking about doing the same thing, but here in Melbourne, Australia. I grew up in the same area as Andrew Bogut and Bin Simmons so this area could do with more private facilities as basketball is booming here now.
Should definitely look into it!! And if you open one up would love to come out and check it out!
Thanks for the info man
Yessir
I keep watching these videos over and over! Love what you’re doing. Just out of curiosity how tall are your ceilings there??
about 22 feet
@@tjltraining thanks for the response brotha! One more question, what company did you go through for your flooring??
Thanks bro. You gave me some jewels to start with. I’m I. Southern California where we have several facilities with many having 3-6 courts in one building but with the size of our population there is still room for more facilities. May love to invite you and your team to tournaments once I get mines up and running in California. I’m originally from dorchester, MA so I still got love for Da Bean and would love to also open one in Boston too. I’ll definitely be reaching out to you
Hell yeah, love it !! Let me know if I can ever help!
Thank you sir
Thank you!
You are welcome!
Appreciate the video.
Yessir
Great insight.Subscibed to your channel and followed you on IG.My dream is to open one in the future.I love the way you were able to explain the cost involved in opening a basketball gym.Hopefully i can DM you to get some insight to open my own basketball gym.Writing from Ghana🇬🇭 and wishing you all the best in 2021.
Appreciate that a lot and glad the video can help you out!! I wish you the best on your journey as well!!
Thanks for making this vid. Really helpful! How high is the ceiling in your building? Just curious in terms of what the spec of the building were that you were looking for. Thanks in advance. :)
This was a great video, I'm looking for a space out in Connecticut to do the same thing right now
Best of luck!
Thanks for info. Planning to build an indoor futsal field.. any suggestions
Would search for land on different websites or get a broker that can help you find the property you need and know ahead of time size and all financial estimates
Been looking for a video like this🔥
Can you include the company that installed the court and hoop ??
Flooring from ICON surfaces and installed by new England sports floors
Great video Tyler, thanks for sharing. How many athletes can you have in there training at once?
It is a good size for about 12 players to be training at once
Thank you for taking the time to do this video. Did the city require a building with fire sprinklers? And I'm not sure if you used a realtor, but they should've negotiated for your lease to be contingent on the landlord making some of the changes to the space according to your business needs and also agreeing to the first few months of the lease being free.
Thanks again!
Appreciate the insight
Thanks bro awesome video! I am trying to open up my own gym/ facility this video is very helpful
Very glad I could help!!
What was the minimum height of your ceilings
@@mmccurdy1229 minimum height is 20 feet I think and at highest point is 22 feet clear height.
@@tjltraining Thank you very much, so I can get away with 20ft? And also how many sq ft is your place?
@@mmccurdy1229 yes you could, normally peoples arch on their shot gets to around 16 feet, so 20 feet plus is ideal. my place is 3,300 square feet total
Sheesh , sounds like a pretty expensive process to me ,but hopefully it will all be worth it many times over in the end for you! Excited to see what’s next with your gym
Thank you! Was definitely worth it!
Great video. Really helpful. Congratulations. Sorry if you have already answered this question. What company did you use for your floor?
Yes please check other comments it’s in there somewhere
Nice family !
🤯🤯 gonna double/triple it back thooo
👀👀
I love this. Thank you for the video! This being one of my dreams...how profitable are you? How much do you net at the end of the day-is this sustainable as an only source of income?
It can definitely be sustainable as your only income if you train and know what you are doing
Great video, thanks for sharing. Can you please share the info of floor you installed. Thanks
icon surfaces was the company I got it through
Oh damn your local. I’m in Worcester. Great idea. MA needs more indoor basketball areas that aren’t colleges or a YMCA. You can’t hoop probably 70% of the year
MA has thousands of gyms. Gotta lock em up to make sure the kids are driving around smoking weed for some reason
@@BoxHouseProductions and every public court had the rims off all summer. Not a good year for poor hoppers like me lmao
not a good year for MA hoops lol
Im currently working on opening my own with two full courts. this was definitely an eye opener for things I wasn’t thinking about so I definitely appreciate this video 👌🏾 what flooring did you go with and what size courts if you dont mind asking
How is it going?
Hey brother also want to ask the same thing because I'm looking Into starting one too and renting it out
Were you able to open yours?
Good info. Thanks for sharing! (PS you misspelled supplies)
Yes I realized that rewatching the video! Was too late when I already posted
how many square feet did you end up getting? Im in the process of starting this same project. Keep up the grind!
love it, where at?? It is 3,300 total square feet
solid
Bro thanks for the video first and for most, secondly how much are the lights and heat/ac per month?
congrats! well done! is this full court?
Half court
Great gym man! Can you please tell me how much is for lighting and what type of lights do you use and what type of heating/cooling you use for gym (if any) and how did you pay for those two systems (lights and cooling/heating). Keep on with great work!
P.s. excuse me on my bad English 😅
The lights, and heating system were already in there so I just pay monthly utility cost for those two. No cooling system
Looks great, how did you install the hoop in existing concrete?
Cut hole in the concrete then install hoop like normal
thanks for doing this video, would love to have my own gym one day,,, just wondering does the gym have an air conditioner? if so, how much monthly? if not, do you use fans or does the gym stay pretty cool such that you don't need fans nor AC?
No AC, just used fans. Looking to get AC installed though this coming summer
Who did you go to for wall pads ?
When finding the building did you use to mess with floor leveling? Alot of industrial buildings will be sloped for drainage and what not, was that not an issue with placing the court?
Hey love the content! Thank you for the insights. Did you purchase the space or leasing ? If leasing how much do you have to pay per month for the space?
Lease the space. I pay about .95 dollars per square foot per month. 3300 square feet
@@tjltraining would you happen to have a list of other expenses that incur for the month. Ex; How much for utilities?
@@tjltraining thank you Tyler I appreciate it!
Great info. What type of flooring is it exactly?
It is a synthetic hardwood
Powerful content, and I I’ll definitely subscribe. I’m looking to open up a gym in Northern California and where I’m located.. their is a huge need. I’m looking to dedicate my life to being a skills development coach and also deal with ages 12-17 years old for aau . I want to host tournaments , open run,. And practices, single games ,etc hosted here. Charge $5 a head. How long does the overall process take? How can I get started without a business loan and cash in hand?
1. 0 chance the gym survives or thrives on $5 a head.
2. Process can take anywhere from a couple months to 6mo usually
3.you need money of some sort to do this but can start looking at properties and understanding not only the up front cost but recurring expenses
Hey man.. just ran into this tid bit of valuable information. I've been pondering this idea for the past few months due to scarcity of gym access in my city (Southern CA). My daughter is in travel ball and i see how difficult it is to get gym time. Im trying to scale profit margin on a business like this, im curious; what sort of profit margings are you seeing since you opened up your gym? Is it something that makes you want to open more gyms?
Yes I actually just opened a second gym. Think profit margins can be great depending on area
What in ground hoops did u get and what was the cost of them nice vid very in depth
Goalrilla cv72 I believe and cost was in the video, $5600
@@tjltraining thank you won’t be able get it tho can’t get many in ground hoops in Ireland
That’s sick bro, where are you based out of? Are there locations in the US that are better than others ?
im locatred in lowell MA
I was wondering why you went with two different size backboards? Wouldn’t you want it to be all the same?
Good information. What is the RoR? How much are you charging? Did you lease or buy?
lease lots of different services I charge for so all depends
Great job. 🎉 who did you use for the hoops/goals
Goalrilla
Respect
Thank you
Did you buy the building? How much is the rent monthly if not? Do you hire trainers? Awesome and insightful video.. Salute
it is a lease, 3,100 a month, I have one other trainer working with me
Did you have to do permits for your building?
Awesome job with the court! I was just wondering. How big is the court alone in sq.ft. ?
3,300 sq ft
@@tjltraining thanks man!!
Just curious to know , how long did it take to get the place up and running from the first day you had the lease available to you? How did you organize the contractors to install everything ? Did you have the permits and all before signing the lease?
Took about 3 months from signing the lease to being completely running
Thanks for the video. Living in MA myself and I am finding it hard to even get someone to show me places. How did you go about that process? Would love to connect to pick your brain a bit more if thats cool with you?
check out my website, I have a form if you are interested in learning more about the gym process or doing a consulting call
I am looking to something but a full court gym. I have a AAU Sport organization and I’m looking to do the same thing but where I can host tournaments, training session, practice, and free play for my community. You know giving back. Did you take out like a business loan to fund all of this or how you get started exactly?
did not take out a loan. saved money from my business to reinvest back into this using my own money. What area are you looking to do this and what is your timeline.
great video, where did you get the floor
ICON surfaces
Huge fan but I think u should leave the hoops at 10 ft but remove the things that you can higher or lower it so people don’t mess with it. Keep going huge fan
yup already did that!
How did you handle developing on leased property? Is there a worry of the landlord taking your gym?
question did you have to pull any permitting or licensing?
One more question, what do your utils run?
Heat is about 200/ month. Electric is about 250 a month. WiFi 120 a month
Congratulations‼️ who did you have insurance through prior to getting your own facility?
Thank you! I had k and k insurance prior
Thank you!
Where did you order your wall pads from? Also, does camp team offer both insurances you paid for?
Yes they do.
Pads through putterman athletics
Flooring through icon surfaces
Install through New England Sports Floors
Hoops, goalrilla hoops
@@tjltraining thank you
That upfront doesn't sound bad. But the issue I'm having for me is trying to find a place to do it at that's affordable. It's hard to justify 4k a month rent
Yup need the business to support that. Up front isn’t hard, it’s the operational and STAYING open that is the hardest part
@@tjltraining what happens when the owner of the building says he's not renewing the lease because he needs the space? That 44k goes down the drain. Thats what I'm afraid of.
Hey, can you send a link or name of the flooring you used?
www.iconsurfaces.com/
Yo what floor did you get bro? I have a gym I’m leasing. But now I’m buying a land and building my own gym
got the floor through Icon sports surfaces! Synthetic hardwood floor, great surface.
Just wondering what the building was like when you leased it? Was it just an open warehouse? And your monthly expenses are wifi, electric, heat, rent....anything else?
Yes was just an open warehouse, and those are the main expenses yes, personally have much more monthly expenses based on how I run business
What would be the revenue for the gym
What size space do you need as far as ceiling space
20 feet +
I am opening my own gym right now! What flooring did you buy?
Icon surfaces