Shopping for gym equipment can be a daunting task. From choosing the right manufacturer to checking that everything fits within your budget, what seems like a simple task can actually be an extremely challenging process.
Luckily, there are several steps that you can take to make the process of finding and buying new or used equipment for your gym easier.
From asking for recommendations from other gym owners to buying used instead of new, we’ve listed six tips to help you locate gym equipment for sale, negotiate a competitive deal and fit out your gym with minimal stress, spending, and setbacks.
Before You Shop, Create an “Essentials” List
As a gym owner, nothing is harder than buying the equipment you need for your gym without a clear plan.
Start the purchasing process without a clear, well-defined list of essential items and it’s easy to end up spending significantly more than you expected, often on equipment that isn’t necessary for your gym.
To avoid overspending, it’s important to create an “essentials” list that features all of the cardio, strength and functional training machines your gym needs. As well as the machines you need, it’s important to list the quantities, especially for popular machines such as treadmills.
Once you’ve put your list together, you’ll find it easier to shop. You’ll also give yourself a great deal of extra bargaining power by showing suppliers of gym equipment that you’re a serious, organized and motivated customer.
Buy Equipment as a Complete Package
Searching for gym equipment for sale can be a slow process, especially if you’re shopping for items individually. One easy way to speed up the process of completing your gym equipment shopping list is to buy multiple pieces of equipment together as a complete package.
Our commercial gym equipment packages include everything from strength training equipment to cardio machines, all in mid-sized or large batches that are perfect for commercial gyms and small fitness centers alike.
By buying a package, not only do you save time and avoid stress — you can also significantly reduce your costs by accessing exclusive discounts that simply aren’t available to customers that buy their fitness equipment on a piece by piece basis.
Choose a Reliable Brand That’s Built to Last
Gym equipment isn’t just a purchase — it’s an investment. Instead of buying cheap equipment that reduces your costs in the short term, it’s almost always worth investing in high-quality gym equipment from a brand with a reputation for quality.
When you’re shopping for gym equipment, make sure you choose products from reliable brands that produce equipment that’s built to last. Our list of the brands most frequently recommended by gym owners includes five companies that are known for their focus on build quality.
Remember, short-term savings aren’t worth it if they mean larger long-term maintenance, repair and servicing costs. Instead of cutting corners on a low budget, treat your gym equipment as an investment and you’ll enjoy a stronger value proposition and lower long-term costs.
Reduce Your Costs By Buying Pre-Owned Equipment
High-quality fitness equipment is built to last, meaning you can often get the same quality level at a lower price by purchasing pre-owned equipment instead of outfitting your gym with brand new products.
From lifting racks to stationary bikes, many pieces of gym equipment can last for years as long as they’re properly maintained. This makes fitting out your gym with pre-owned equipment an excellent way to save money if you’re opening your first fitness center on a limited budget.
Another great way to save money and get optimal bang for your buck is to combine new and pre-owned equipment for your gym. For example, a pre-owned strength training package with new cardio machines offer a great mix of value for money and reliability.
Lease Your Equipment to Manage Cash Flow
Can’t afford to purchase your gym equipment outright? Don’t worry — you’re not alone. Buying enough equipment to fill an entire gym is an expensive process, and it’s far from uncommon for new gym owners to struggle with the cost of equipment in the first stages of opening a gym.
Luckily, there are several ways to manage the cost of buying equipment for your gym and keep your cash flow steady.
The first option is to lease your equipment. Leasing your gym equipment lets you pay for your equipment on a monthly basis as part of a rental agreement. As the agreement comes to an end, you can often upgrade the equipment to newer models for a modest fee.
This makes it easy to keep your gym modern, fresh and high end, all without the cost of having to buy, maintain and rebuy your own equipment.
Another option is to finance your gym equipment. This lets you spread out the cost of paying for your cardio machines, lifting racks and other equipment over several monthly payments, making the cash flow side of running your gym far simpler.
Both options have unique advantages and disadvantages. With leasing, you never truly “own” your equipment, but gain a range of other benefits. With financing, you pay slightly more over the long term, but gain control over your cash flow and avoid spending too much at once.
Regardless of which option is best for your business, both are worth considering, especially if you’re opening your first gym and lack the capital to invest in your own equipment from the first day of business.
Factor in the Cost of Servicing, Repairs, and Maintenance
Finally, it’s absolutely essential that you factor in the cost of servicing, maintaining and repairing the equipment you purchase for your gym.
Just like vehicles, industrial machinery and other equipment with moving parts, gym equipment is subject to wear and tear over time. Keeping it working at its best is an ongoing process — one that can cost a significant amount of money over the long term.
If you’re buying new equipment for your gym, make sure you talk to the supplier about the cost of maintaining it (as well as warranty and maintenance coverage, if it’s available). If you opt to use a lease, check that maintenance, servicing and other costs are included in the payments.
Either way, it’s important to know how much you’ll need to spend maintaining your equipment over the long term, as failing to calculate this cost could potentially result in a significant cut to your gym’s earnings.
Looking For Gym Equipment for Sale?
Searching for high-quality equipment for your gym? From cardio machines to barbells, weight plates, and power racks, we stock a complete range of fitness equipment from the world’s best manufacturers.
For more information about our range of product, advice on the optimal solutions for your gym or simply to request a quote for your project, please contact us now to talk to a member of our team.