Buying v's Financing
Buying vs. Financing/Leasing: Which Is Best for Your Gym?
Are you saving up for your dream gym equipment, hoping it will eventually become a reality? While saving is a traditional approach, itโs often not the most efficient or strategic. Many successful gym owners choose to lease or finance their equipment instead. Why? Because it allows them to get the tools they need now, maintain their cash flow, and enjoy significant tax benefits.
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Why Leasing or Financing Gym Equipment Makes Sense
Leasing or financing gym equipment offers several advantages:
- Preserve Cash Flow: With manageable monthly lease payments, you avoid depleting your savings on a large upfront purchase.
- Tax Benefits: Lease payments are tax-deductible, reducing your taxable income each quarter.
- Faster Growth: Financing enables you to acquire the best equipment immediately, helping you attract more members and generate more revenue.
In contrast, saving to buy outright may delay your gymโs progress for years, leaving you at a competitive disadvantage.
Why Your Competitors Have the Best Gear
Ever wonder why other gyms in your area seem to have the latest and greatest equipment? The answer is simpleโthey leverage financing to plan for success. Instead of tying up cash in big purchases, they reinvest in profit-generating items like custom-branded Gis, gloves, rash guards, and shorts that they sell to members. This strategy helps them grow their revenue while staying ahead in the game.
The Power of Lease-to-Own Financing
With a lease-to-own or financing plan, you can immediately set up your gym with top-tier equipment for small, manageable bite-sized payments. For example, hereโs how financing could help you achieve your goals:
Scenario: You need to set up your gym with:
- 75 x Fuji MMA Mats
- 1 x Fuji 6m Boxing Ring
- 10 x Fuji 6ft Heavy Bags
Total Cost: $23,990.75
Option 1: Save $1,000 per month.
It would take up to two years to save enough. During that time, you risk losing potential clients and revenue.
Option 2: Finance or lease the equipment.
You can have your gym ready today. The revenue generated from a fully equipped gym can pay for the lease while attracting new members.
Maximising First Impressions with Top-Tier Equipment
First impressions matter more than ever in todayโs competitive market. Most potential members find gyms online before visiting, and the look of your facility often determines their choice. A gym equipped with high-quality gear, like Fuji mats and boxing rings, creates an impression of professionalism and success, encouraging people to sign up on the spot.
Running the Numbers Over Three Years
With financing, your monthly payments are small, allowing you to invest in other areas of your business while growing your gym. The return on investment comes from increased memberships, higher retention rates, and added revenue streams from selling branded gear.
Conclusion is... Donโt WaitโAct Now
The longer you wait to invest in your gym, the longer it will take to achieve your dream. Financing or leasing your equipment allows you to start strong, grow faster, and stay ahead of the competition. With tax benefits and manageable payments, itโs a smart business decision that sets you up for long-term success.
Ready to build your dream gym? Explore leasing and financing options today and see how Fuji Mats can help you create the ultimate training space.
Running the numbers over 3 years would look like this...
Click the image above to calculate your numbers.
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The Advantages of Financing Your Equipment
Leasing or financing offers these benefits over saving to buy outright:
- Professional, Updated Facility: Impress clients with state-of-the-art equipment.
- Custom-Branded Team Apparel: Boost your gymโs identity and team pride.
- Sellable Merchandise: Generate additional revenue through club-branded gear.
- Increased Membership: Attract new members with modern equipment and a refreshed gym.
- Social Media Visibility: Promote your club with photos and videos featuring your logo, reaching a wider audience.
- Better Member Experience: Provide improved facilities for existing members.
- Competitive Edge: Stay ahead of competitors with superior equipment and branding.
- Set the Benchmark: Become the go-to gym in your area.
The Choice is Yours
Would you rather walk into a gym that looks like a scene from a Rocky III movie, complete with outdated gear and chasing chickens, or a state-of-the-art training facility equipped to meet modern standards?
With financing or leasing, you can achieve your dream gym now, not years later. Start today and watch your membership grow while you build a professional facility your clients will love.
Ready to take your gym to the next level? Explore leasing and financing options now and see how Fuji Mats can help you create the ultimate training space.
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* We are not accredited tax or financial advisers. Always seek a professional or speak with your accountantย for further advice.