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How Much Does it Cost to Open a Climbing Gym? - A conversation with Chris Ryan Studios

Updated: May 2


Chris Ryan and I work with a lot of clients together and have a long work history together before our consulting careers began. One of the things that keeps coming up for us with our clients in Discovery calls is: How much does it cost? How much money do I need to go get from a bank?

Rather than writing my own blog about it, I thought we'd have a conversation about it.

In the conversation we cover the main buckets of money related to building and opening a climbing gym:

  • Real Estate

  • Fundraising

  • General Contrator and Architectural costs

  • Walls & Flooring

  • FF&E: furniture, fitness equipment, etc

  • Operational set up: office supplies, holds, setting equipment, cleaning supplies, rental gear, retail stock, staff uniforms, etc etc

  • IT: computers, software licenses, phone systems, cameras and/or security systems, ipads for waiver stations, etc. 

  • Staffing costs: Payroll runway


The short answer is: millions of dollars, but in this video, Chris Ryan and I talk about all of the nuanced decision making the goes along with the costs, the areas to watch out for, how to avoid wasting time and money, and how to set yourself up for success.
 



Opening a gym is expensive, and just the development phase can take a year or more and cost seven figures. Build a good plan, work with trusted experts and save yourself some turmoil

Rise Above Consulting has decades of experience opening and scaling gyms and has helped many clients do the same. If you want to learn a bit about how to go beyond these resources to take your vision from concept to reality, just reach out.


 






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