One estimate for example puts the building at around $350,000 to $500,000; the architectural design and to construct at $50,000; the equipment at $50,000. With a budget of $800,000 expect to at least start your basketball gym project.
How much does it cost to make a gymnasium?
The cost can vary from filling out a personal studio of around 1,500 sq ft for $10,000 to a fully kitted out commercial gym for $50,000. Commercial gyms usually take up approximately 3,000 to 4,000 sq ft.
How much does it cost to build a backyard basketball court?
The simple answer is an outdoor basketball court can cost you anywhere from $11,000 to $76,000 with the average cost being $35,000. That comes out to be about $3.50 to $17 per square foot. A standard full-size basketball court runs 94 feet by 50 feet (4,700 square feet).
How long does it take to build a high school gym?
Gymnasium structures generally range in diameter from 120 feet to 250 feet (heights vary according to diameter), and construction typically takes between 12 and 18 months.
How much does a full gym equipment cost?
Gym equipment – this cost similarly has a large range, depending on the amount and type of equipment you want. Think somewhere between $10,000 for a personal studio to $50,000 for a fully-equipped commercial gym.
How tall does a basketball gym need to be?
Indoor basketball court dimensions are about 30’x35′ with ceiling height at a minimum of 17′ high.
How much does it cost to build a warehouse gym?
Custom, Pre-Engineered warehouse buildings range from $15-$25/ Square Foot. With turnkey prices ranging from $30,000 for a small 30×40 building up to $800,000 for a 50,000SF distribution center.
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|Windows, doors etc.||10-30%|
|Foundation||$5-10 / sq ft|
|Construction||$5-10 / sq ft|
Is opening a gym a good investment?
The price of starting a gym is an enormous cash investment that you’ve got to be willing to risk, along with your good credit if things go south. … So if you’re looking for a labor of love, then the gym business is a homerun. And there’s absolutely nothing wrong with that.
How profitable is owning a gym?
In the world of gym ownership, there are three surefire ways to boost profit: … Increase membership revenues – If membership at your gym is $1,000 per year, you only need 100 members to turn over $100,000 in annual revenue. But adding just one new member every week puts annual revenues at $152,000.