Technogym. Leading global manufacturer of home & commercial fitness & gym equipment. Design, cutting-edge technology & innovation. You are invited to the COMSOL Conference Bangalore to enhance your COMSOL Conference Bangalore Schedule August . Can data modeling/machine learning/A.I. replace simulation technology in these goals? . physics, and engineering for two days of training, talks by industry experts, and. Items 1 - 20 of Buy Fitness Equipment's online in India at Snapdeal. Rowing machines are considered to be the best choice for cardio exercises.
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The parties consent to the exclusive personal jurisdiction of the state and federal courts in the Commonwealth of Massachusetts if there is any dispute between them. The fitness industry is dependent on a stream of people entering the premises to work out — one person for every 50 metres squared ideally — and coughing up a hefty fee to continue working out.
Going Bust According to industry estimates, it can take two to three months to set up an upscale gym and two years to turn a profit. That is, if the economics works out. The past few years are littered with examples of gyms that have struggled or gone bust. By some estimates, around gyms across large cities have folded in India; these include high-profile ventures by Indian cricket captain MS Dhoni and Bollywood star John Abraham, who have both seen fledgling fitness ventures run aground.
He should know the travails of operating in this business. His unit in Bandra is frequented by the rich and famous who arrive at odd hours to beat the rush and prefer to work out incognito. Rather than pay up and keep his well-heeled SoBo clients from moving to a rival , Ramachandran decided to shut shop.
We are not in a hurry," he says. Ramachandran is confident he will soon return to south Mumbai. Across this industry, which is growing at some per cent annually, gyms are constantly being shifted around. According to its India head, Vikram Aditya Bhatia, the chain is moving carefully on its expansion in India and, unlike globally, it is renting smaller units here — about 3, to 5, square feet.
In the three years Fitness First has been in India, Bhatia, who works out religiously and watches his diet minutely, has managed to open just eight clubs and expects to organically add some three to five clubs a year. In some places it can reach up to 40 per cent of overall operating costs. It has fewer than 40 gyms since it launched in the country in , but says it is on track to have by There are other facets of real estate that can bring a gym to its knees.
For example, the location of a gym can play a critical role in determining its success — or failure. What about the entrance to the gym? Is it near a shanty? One solution gym owners have is to locate inside popular malls — since they cover issues such as parking, access and so on. Experts feel that gyms can make a space for themselves both in malls and crowded high streets.
Gyms use up space which is generally not usable by other categories, such as nonprime spaces on higher floors in malls and the bylanes of high streets," says Shubhranshu Pani, regional director, retail services, JLL India, a real estate advisory.
However, his biggest struggle is to find enough people to staff his units — he even postponed the opening of a couple of his gyms since hiring for them was delayed. For years, an instructor was a know-itall package of trainer, dietician and often counsellor.
Today, top gyms want their instructors to be professionally trained, not just as a builder of ripped muscle goodbye body builder-turned-trainer but also to sculpt different physiques. These gyms also need to find specialized nutritionists for their members. It becomes even more important as the risk of damage to the human body is high if the staff is unqualified," says Reddy of Snap Fitness.
The chain, which builds smaller and cheaper gyms, has already ventured as far afield as Daman and Pathankot, with plans to foray further into the hinterland. Looking at New Revenue Streams If Snap Fitness is the newest — and perhaps the most aggressive — kid on the block, it need only look to the Grand Daddy of the business, Talwalkars, to see how quickly the business is changing.
That changed somewhat over the past two decades as people flocked to gyms and getting in shape acquired some momentum. Inspired by ripped movie stars and models, people focused on weights and building chiseled bodies. That trend is now shifting again. As restless clients eyed competing chains, Talwalkar was forced to act.
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Gyms use up space which is generally not usable by other categories, such as nonprime spaces on higher floors in malls and the bylanes of high streets," says Shubhranshu Pani, regional director, retail services, JLL India, a real estate advisory. For example, the chain is a preferred place for companies such as Audi, ITC Hotels and the Lodha group a developer of premium homes to target upscale customers.