• Planner

    Wow, this is interesting. I spoke with one of the market’s owners before they closed and she told me how much her rent had been raised; it was a lot. I assumed only a nice new high-end restaurant could move in and pay that much. Who knew there was that kind of money in Cross Fit? (Assuming the same rent.)

    • Bryan

      Makes sense. CF has high upfront/sunk costs. You have to buy the bars, weights, equipment, and make the adjustments to the space. But after those are done, what do you need to pay? Rent and maybe some type of gym insurance? Typically CF makes their attendees sign waivers so that they are not to blame for any injuries The weights and bars and such are incredibly durable. Maybe you replace one bar every 5-10 years?

      When your base is willing to pay 180-225 a month, all you need is a good 100-200 total people a month to make it worthwhile. DC is America’s most fit city. Getting to that threshold will be a breeze.

    • Rich

      I wonder what the term of the lease is. Crossfit seems well past its novelty phase. Workout model are faddish and you can only go so far with something cultish like this. Hopefully, the space will fit the next fad.

      • DCFmember

        Crossfit may or may not be a fad, but the exercises Crossfitters do are timeless. Weightlifting. Powerlifting. Cardio in the form of ergs and running. Gymnastics. As trends change, owners should be able to adapt. I’m a Crossfitter, and even if I ever stop Crossfitting, I’ll still be doing some or all of the above. And you need a good space for these things. Regular gyms and Planet Fitness types don’t cut it.


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