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

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.  LinksGym Owners UnitedBook a Call1:53 - How has your ARM changed?4:38  - Adding value8:20 - Kids programs13:45 - High-value clients19:37 - Baby steps for gym owners

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Run a Profitable Gym is packed with business tools for gym owners and CrossFit affiliates. This is actionable, data-backed business advice for all gym owners, including those who own personal training studios, fitness franchises, and strength and conditioning gyms. Broke gym owner Chris Cooper turned a struggling gym into an asset, then built a multi-million-dollar mentoring company to help other fitness entrepreneurs do the same thing. Every week, Chris presents the top tactics for building a profitable gym, as well as real success stories from gym owners who have found incredible success through Two-Brain Business mentorship. Chris’s goal is to create millionaire gym owners. Subscribe to Run a Profitable Gym and you could be one of them.