Run a Profitable Gym

Average Revenue Explosion: From $70 to More Than $400 Per Member


Listen Later

How much extra revenue would your gym bring in if you increased rates by just $10?

What if each client contributed $300 or more to your gross revenue?

In this episode of “Run a Profitable Gym,” host Mike Warkentin talks average revenue per member (ARM) with Kelly Lorenz, owner of FORM gym in Marblehead, Massachusetts.

Kelly’s gym boasts an impressive ARM score: It earned a spot on Two-Brain's December 2023 Top 10 leaderboard, which runs from $427 to $800 per month.

Kelly built her ARM number with a $10 rate increase and the addition of several new, valuable programs that solve clients’ problems. For example, she developed and sold a 10-week program for kids that had a huge effect on her ARM. She also added on-ramps, personal training and small-group training.

Tune in to learn strategies for boosting your ARM, all while retaining high-value clients.

Your first ARM target? $205. If you hit that and serve 150 clients, you can earn $100,000 a year as a gym owner.
 
Links

Gym Owners United

Book a Call

1:53 - How has your ARM changed?

4:38  - Adding value

8:20 - Kids programs

13:45 - High-value clients

19:37 - Baby steps for gym owners

...more
View all episodesView all episodes
Download on the App Store

Run a Profitable GymBy Chris Cooper

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

89 ratings


More shows like Run a Profitable Gym

View all
Barbell Shrugged by Barbell Shrugged

Barbell Shrugged

2,603 Listeners

The CrossFit Podcast by CrossFit LLC

The CrossFit Podcast

657 Listeners

Chasing Excellence by Ben Bergeron & Patrick Cummings

Chasing Excellence

2,031 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,308 Listeners

WTF Gym Talk by Stuart Brauer

WTF Gym Talk

86 Listeners

The Rich Froning Podcast by Rich Froning Jr.

The Rich Froning Podcast

1,222 Listeners

Look Good Move Well by Functional Bodybuilding

Look Good Move Well

291 Listeners

Jason Khalipa Podcast by TRAIN HARD Media

Jason Khalipa Podcast

413 Listeners

Best Hour of Their Day | Podcast by Jason Ackerman / Jason Fernandez

Best Hour of Their Day | Podcast

318 Listeners

The Sevan Podcast by Sevan Matossian

The Sevan Podcast

644 Listeners

The Consistency Project by EC Synkowski

The Consistency Project

513 Listeners

Varied Not Random by btwb

Varied Not Random

163 Listeners

Gym World Worldwide by John Franklin

Gym World Worldwide

7 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

825 Listeners

BigDeal by Codie Sanchez

BigDeal

710 Listeners