Fitness Center Pricing Calculator
Use this free calculator to find out how the best fitness center for your size of room and amount of users.
You know that a popular Apartment fitness center will make your Leasing efforts easier. But managing an Apartment property is very different from managing an on-site, commercial fitness facility.
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Get Your FREE Fitness Room Packet (For Management)
You are very experienced running an Apartment property. But how do you set up your Apartment fitness center properly?
First, you need to realize what you are up against. Once you have 10 or more people each day using the fitness facility on your Apartment property. You legally have a commercial fitness facility.
If you place non-commercial grade equipment inside your commercial fitness center. Then you assume all the risk if a resident gets hurt from fitness machine failure during a workout.
If you read the small print on the non-commercial fitness equipment warranty before you buy it. You will see this equipment is not to be used inside a commercial fitness facility.
Don’t Listen To What Your Equipment Sales Rep Tells You. Read The Warranty.
I know you don’t know the difference between commercial and non-commercial gym equipment. You just want to buy the fitness equipment with the lower price tag.
At least 58% of Apartment Gyms I see are using non-commercial fitness machines inside their commercial fitness facility. I even see residential fitness equipment inside Apartment gyms that were donated by residents that lived at the property, and then moved out.
Yes, really. I know you are not trying to make a mistake, you just don’t know how to do it properly. You have no experience in building a commercial Apartment fitness facility.
But how do you explain this to your insurance company when the treadmill shuts off during a run and the resident goes face first into the console and breaks her jaw. Your Insurance Company will not pay the injury claim because you were supplying non-commercial gym equipment inside a commercial fitness facility.
I do not want to scare you, I want to prepare you.
I want to lower your risk and show you how to do it properly. I want you to provide a popular fitness center at your Apartment property so you can sign up more leases without adding risk to your business.
You want to keep perfect records of every preventive maintenance service call.
You want good records of every repair part that has been replaced, and when it was replaced.
You want pictures of the fitness center equipment in safe condition and position on each fitness tech maintenance visit.
You want a safety sign placed on the walls of your fitness facility that explains to the residents if they see an unsafe or broken fitness machine to please call this phone number and report it.
Giving your residents the power to police the safety of your fitness equipment.
AND MOST IMPORTANT, THE SIGN SAYS:
USE THE FITNESS CENTER AT YOUR OWN RISK!
This is our most powerful liability RISK reducer we can suggest. Giving the power of reporting unsafe gym equipment to the residents and that they are using this fitness room at their own risk.
CYA = Cover Your Ass
Let’s get into the specifics, now that you understand what your risks are. This knowledge gives you the power to ask the right questions and make the right decisions.
For maximum CYA!
Let’s Get Started.
You are going to Love the LIABILITY FOLDER we keep for your Company.
If you have a small Apartment property with 100 or fewer apartment units:
You only need 3, Health Club quality cardio machines. You want to include at least 1 treadmill and 2 other cardio machines. The 2 other machines should be any 2 of these kinds. Elliptical (cross-trainer) trainer, recumbent or upright bike, or a concept-2 rowing machine.
You also need a strength training machine to work out all body parts. This can include a multi-gym or a dumbbell set with 5lb to 50lb,(10-pairs), and an adjustable flat to 90-degree workout bench.
The cost to purchase Health Club quality fitness equipment will be about $19,050.00.
(includes sales tax, delivery, and installation).
If your Apartment property is medium size with 100 to 200 apartment units.
You need 5 cardio machines. To include 2 treadmills and 1 elliptical (cross-trainer) machine. And 2 more cardio machines to include a recumbent or upright bike, and a rowing machine.
You will also need a strength training set up to cover all body parts. This can include a multi-gym with 2 separate weight stacks so 2 people can workout at the same time. Or a dumbbell set with 5lb to 50lb, (10 pairs). And 2 adjustable flat to 90-degree benches.
The cost to purchase this Health Club quality fitness equipment will be about $32,784.00.
(includes sales tax, delivery, and installation).
With a Larger Apartment property with 200 to 400+ apartment units.
You need at least 7 cardio machines. You want to include 2 treadmills and 2 elliptical (cross-trainer) machines. And 3 other cardio machines that should be an upright and recumbent exercise bike or a rowing machine.
You will need a multi-gym with 2 separate weight stacks so 2 people can be working out at the same time. And you want to include a dumbbell set 5lb to 50lb,(10 pairs) and 2 adjustable flat to 90-degree benches.
The cost to purchase this professional Health Club quality fitness equipment will be about $43,764.00. (includes sales tax, delivery, and installation).
BE AWARE, The Cost Of Ownership Is Greater Than The Purchase Price.
Now the hard questions your management team needs to answer.
Most executive members will ask if they should purchase or lease the Gym equipment.
But now you have a new option.
Renting Gym Equipment that your apartment property needs, on a month to month rental with FREE maintenance and repairs forever. Might be your BEST option.
The toughest decisions you have to make when you are purchasing or leasing your gym equipment. Who will do the regular maintenance and how much will this cost?
The cost of ownership is much greater than the cost of Purchase/Lease.
When you buy or lease your fitness equipment you get a warranty for 2 or 3 years, BUT when you read the small print your “warranty is void” if you cannot prove you have performed regular maintenance. And the 1-year labor warranty only covers the labor cost to replace a defective part. It does not cover the labor cost to perform the regular preventive maintenance required in your warranty documents.
If you cannot prove regular maintenance then your warranty is void.
A big problem is that even when you pay a service company to do regular maintenance you have no way to be sure they are doing what is needed. And hiring a Company to do your regular maintenance is very expensive. Adding to your COST of ownership.
DON’T GET BURNED FROM YOUR LOCAL FITNESS TECH.
If you cannot prove your regular equipment maintenance was done on schedule, then your manufactures warranty will be void and you get to pay the cost of the expensive repairs.
The next problem is your new equipment warranty never tells you how long it takes to repair broken machines. Your fitness machines can be down for 4 to 8 weeks or more waiting for the new parts to be delivered and the repairs to be completed.
The Rent Fitness Equipment Company guarantees to have any machine repaired or replaced in 7 business days so you know you don’t have a long time with an out-of-order-sign on your fitness equipment.
I am very prejudice to the Rental Gym Equipment option.
I started the Gym Equipment as a monthly service program back in 2004 and I believe it is the best option for most on-site fitness facilities. But I am not trying to convince you of anything. I just want to give you the facts so your management team can make the best “INFORMED” decision.
NOW let’s look at the month-to-month agreement and get some estimated monthly pricing.
Here is what you will pay for a month to month rental that includes the regular equipment maintenance and all repairs are included FREE, forever.
Small Apartment property: $447.00 per month.($14 dollars per day). Your monthly price will never increase and you will never have any other expenses for your Apartment Fitness Center equipment.
Medium size property: $647.00 per month.($20 dollars per day) Your monthly price will never increase and you will never have any other expenses in your onsite fitness center amenity.
Larger size property: $1,453.00 per month.($46 dollars per day) Your monthly price will never increase and you will never have any other expenses in your onsite fitness center amenity.
You know you have to have a professional fitness center on your property but you are not in the fitness business. That is why a monthly rental is your best choice.
Let The Rent Fitness Equipment Company take all the hard decisions off your plate and guarantee your Apartment property has the BEST on-site fitness facility in your neighborhood.
Let The Rent Fitness Equipment Company take care of your Apartment fitness amenity needs.
The best part is it is easy to get started and even easier to cancel if we are not performing as promised.
APARTMENT FITNESS CENTER ASSESSMENT
“Buy that which appreciates and RENT that which depreciates.”
call us now (877) 736-8348 and let us help you set up your