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Why is gym equipment so expensive?
A substantial portion of the expense of weight lifting equipment can be attributed to the utilization of premium-grade materials.
High-quality steel, robust cushioning, and top-notch upholstery aren't chosen merely for aesthetics; they play a pivotal role in ensuring superior performance and longevity.What do gyms do with their old equipment?
When gyms upgrade their equipment or decide to make changes, they typically have several options for their old equipment.
One common approach is to sell the equipment to other fitness centers or individuals who are looking for used equipment.A rule of thumb for the cost of gym equipment is $25 per square foot.
So, for a 3000 square foot gym, your equipment is going to set you back around $75000.
If you decide to buy your equipment by way of an equipment loan, you will have an ongoing expense of $1000-$2000 per month (and you'll be paying interest on it).
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