AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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