5 Benefits of Buying Second Hand Gym Equipment
Are you ready to outfit your gym, spa, or fitness center with equipment that your patrons will love? From dumbells and lifting benches to jump ropes and yoga mats, there are all kinds of accessories designed to amplify your space and create an enjoyable workout environment.
Instead of purchasing everything new, have you considered investing in second hand gym equipment instead? This can be the easier -- and more economical -- way for many businesses to go. Today, we're sharing five benefits you can expect when you shop for pre-loved items.
1. Save Money
Let's start with the most obvious benefit of buying used gym equipment: You'll save money! Secondhand items are often significantly less expensive than brand-new ones, which can allow you to invest in other areas of your fitness center instead.
For instance, if you've had your eye on a set of brand-new treadmills, consider how much you could save if you browsed for used treadmills instead. You might be able to save a few hundred dollars per unit, which you could turn around and spend on other areas of your facility.
However, as you browse secondhand fitness equipment, there is a caveat to keep in mind.
You can cut corners on price but never sacrifice quality. Take your time and only choose items that are reliable, sturdy, and safe. This especially applies to heavy-duty equipment, such as an elliptical or a hammer strength machine.
Scrimping on those items could mean allowing your patrons to use dangerous, poor-quality gear. Always check the reputation of the place or person you're buying from, and make sure the items are in excellent working condition before you buy it.
2. Open Sooner
If you set your sights on used fitness equipment, you may be able to open your gym facility sooner than you thought. This is because you'll have your items already in your possession. You won't be stuck on a waiting list for new gear, and you don't have to worry about extensive delivery timelines from the manufacturer.
Most of the time, used gym equipment is picked up on-site and moved the same day. This is an exponentially quick turnaround time, which you'll appreciate in the hustle and bustle leading up to Opening Day.
As soon as your general contractor gives you the green light, you can go ahead and start moving your items in and setting everything in place. While you may still be working on fine-tuning the details, all of the biggest pieces will be ready to go.
3. Set (and Hit) Revenue Goals
All gym owners have a specific amount of revenue they want to bring in each year. These types of short-term and long-term projections are usually included in your business plan, which you'll create in the infancy stages of your business.
When you don't have to spend as much on up-front capital expenditures, you'll be one major step closer to reaching those goals. While it might take a while for your profits to ramp up, it's easier to get there if you don't start out with a major hit to your finances, first. Buying used equipment allows you to gently ease into business ownership and build your sales over time.
4. Scale With Your Business
When you first open the doors to your facility, you don't have any way to know which machines will be more popular than others. After a few months, however, you might be able to generate reports that show this type of feedback.
For example, you may be able to gauge that the ellipticals are used very frequently, while the stationary bikes aren't as well-loved. Knowing this, you may decide to invest in a few more elliptical machines to keep your patrons happy.
When you purchase secondhand gym equipment, you can establish an ongoing, working relationship with the distributor you buy from. Then, you can come back and buy more as your business grows. This way, you aren't buying a ton of gear up-front without knowing which items you need and which ones you don't.
Not only does this save money, but it also allows you to only add gear as you need it. You won't waste facility or storage space on unpopular items that simply take up room.
5. Focus on Immediate Expenses
Simply running a gym can be expensive, especially at first. While you're still working to acquire new customers, you still need a way to keep the lights on, pay your team members, cover your insurance costs, and other expenses.
It might seem like a lot, but these are only the bare necessities. Before long, you'll also need to invest in marketing and outreach, customer service, maintenance and repairs, and other related costs.
Paying for expensive gym equipment can strain your finances and impair your bottom line. You need a steady cash flow as soon as you open your doors. If you start in the red, it can be difficult to move away from there.
Buying used gym equipment allows you to free up immediate cash so you have money set aside for your everyday items. From utilities and insurance to payroll and cleaning fees, there will always be bills to pay and this helps you pay them more easily.
Find the Best Second Hand Gym Equipment Around
Now that you know a few of the top reasons to purchase second hand gym equipment, are you ready to invest in machines for your gym or fitness center? If so, you're in the right place.
For more than 20 years, Global Fitness has been the world's industry-leading provider of remanufactured and used fitness equipment. We offer an extensive collection of high-quality, proven items for you to browse, from cardio and strength machines to rental equipment and home gym packages.
Feel free to take a look at all of our collections, starting with our New Arrivals!
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