What is Gym?
A gym is a large room, usually containing special equipment, where people go to do physical exercise and get fit.
How Many Gym In South Africa?
The fitness industry employs about 29,000 people at more than 1,100 gyms across South Africa and is facing tremendous strain.
How much are gyms in South Africa?
Zone Fitness membership options range from R200 – R600. Their joining fees are between R50 – R100 and the access cards cost R50. A 12-month contract is R250 per month and their 24-month local membership with access to a single club is R225. Should you want a Super Club membership, this will set you back R299 per month.
How big is the fitness industry in South Africa?
Gym companies are making a killing in South Africa, where the industry generates more than R12. 5 billion in revenue every year. According to The Economist, this is the highest in the world. If correct, it means that the country’s largest gym chain, Virgin Active, makes about R7.
Is the gym business profitable in South Africa?
Given that the South African market is one of the leading emerging economies on the African continent with one of the biggest fitness industries, there is potential for high growth. Thus, opening a gym is a good investment.
How much do gym owners make a month in South Africa?
Revenue and profit vary by size. However, it’s typical for a gym to generate between R15,000 and R50,000 a month in revenue within the first 6 months. After a year, a successful gym will generate at least R120,000 per month.
Why the gym is important?
Being physically active can improve your brain health, help manage weight, reduce the risk of disease, strengthen bones and muscles, and improve your ability to do everyday activities. Adults who sit less and do any amount of moderate-to-vigorous physical activity gain some health benefits.