How to Start a Ninja Warrior Gym

Start a ninja warrior gym by following these 10 steps:

1. Plan your Ninja Warrior Gym
2. Form your Ninja Warrior Gym into a Legal Entity
3. Register your Ninja Warrior Gym for Taxes
4. Open a Business Bank Account & Credit Card
5. Set up Accounting for your Ninja Warrior Gym
6. Get the Necessary Permits & Licenses for your Ninja Warrior Gym
7. Get Ninja Warrior Gym Insurance
8. Define your Ninja Warrior Gym Brand
9. Create your Ninja Warrior Gym Website
10. Set up your Business Phone System

We have put together this simple guide to starting your ninja warrior gym. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out othersmall business ideas.

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

• What will you name your business?
• What are the startup and ongoing costs?
• Who is your target market?
• How much can you charge customers?

Luckily we have done a lot of this research for you.

What will you name your business?

Choosing the right name is important and challenging. If you don’t already have a name in mind, visit ourHow to Name a Businessguide or get help brainstorming a name with ourNinja Warrior Gym Name Generator

If you operate asole proprietorship, you might want to operate under a business name other than your own name. Visit ourDBAguide to learn more.

Whenregistering a business name, we recommend researching your business name by checking:

• Your state's business records
• Federal and state trademark records
• Social media platforms
• Web domain availability.

It's very important to secure your domain name before someone else does.

What are the costs involved in opening a ninja warrior gym?

Industry leaders estimate a budget of $50,000 to $250,000, depending upon the size and complexity of the facility.

Initial start-up costs include the following:

• 租赁/购买建立足够大的安慰tably build your obstacles — Gym owners report leasing 11,000 to 30,000 square feet for their gym.
• Becoming anofficialNinja Warrior training gym — Ninja Warrior offers three separate packages, with prices ranging from free to $85 per month.
• Official blueprints for obstacles — Can be purchasedonlineand includes schematics, lumber shopping list, cut list, and building instructions. Prices range from $10 to $55.
• Labor and materials for building obstacle — Each obstacle can cost upwards of $600. Some retailers offer starter packs, which will set you back $5,750 to $8,500.
• Mats and other equipment — Mats are $500 a piece. Use the square footage of your facility to determine how many mats are necessary.
• Insurance — Consult with an attorney and/or insurance agent to determine necessary insurance.

What are the ongoing expenses for a ninja warrior gym?

The bulk of the monthly budget will go towards leasing your space and utilities to cool/heat the facility. Prices vary greatly, depending upon location and size of space. Additional expenses, which could run from $3,000 to $10,000 per month include:

• Official Ninja Warrior training expenses
• Insurance
• Marketing
• Hosting events
• Travel expenses
• Continuing education
• Payroll

Who is the target market?

While it is natural to assume the large part of your customer base will be dedicated to their fitness regimen, this is actually not the case. Most ninja gym owners indicate the majority of their revenue is generated from classes, activities, and camps for young children. This is an excellent and safe place for kids to become a part of the show, expending energy and getting fit, in the process.

Your second largest client base will be individuals who are there to build strength in a more social atmosphere. The men often have a climbing or parkour background, while the females’ athletic background is often in dance or gymnastics. The obstacle course layout is a welcome change from their regular conventional gym workouts.

You will also have a consistent number of clients who are fanatics of the show. These athletes are dedicated to their ninja warrior training. Their primary goal is to make it onto the show and win the competition.

How does a ninja warrior gym make money?

Your gym will generate revenue from each customer that comes in to take a class or utilize the facility.

How much can you charge customers?

Fees will vary depending upon the services and amenities offered. An average fee structure would include the following:

• One day/session pass — $15
• Pass for five sessions — $50
• Monthly pass with signed annual contract — $30
• Monthly pass without signed annual contract — $40

How much profit can a ninja warrior gym make?

Successful ninja warrior gyms report an annual revenue of $200,000 to $500,000.

How can you make your business more profitable?

Industry opportunities to increase profits include:

• Host children’s parties
• Summer camp
• Online training videos
• Dedicate a portion of your space for a conventional gym. This will help build a more loyal customer base.

STEP 2: Form a legal entity

The most commonbusiness structuretypes are thesole proprietorship,partnership,118bet金博宝 , andcorporation.

Establishing a legal business entity such as anLLCorcorporationprotects you from being held personally liable if your ninja warrior gym is sued.

You can金宝搏188是什么公司yourself and pay only the minimal stateLLC costsor hire one of the118金宝app for a small, additional fee.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

There are specific state taxes that might apply to your business. Learn more aboutstate sales taxand franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to aspiercing your corporate veil.

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

• Separates your personal assets from your company's assets, which is necessary for personal asset protection.
• Makes accounting and tax filing easier.

Get a business credit card

Getting abusiness credit cardhelps you:

• Separate personal and business expenses by putting your business' expenses all in one place.
• Build your company's credit history, which can be useful to raise money later on.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with ourLLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

State & Local Business Licensing Requirements

Certain state permits and licenses may be needed to operate a ninja warrior gym. Learn more about licensing requirements in your state by visitingSBA’s reference to state licenses and permits.

Liability Waivers

To avoid liability and potential lawsuits, ninja warrior gym businesses should have their clients sign waivers from all sort of injuries.Here is an exampleof one such form.

Recommended:Rocket Lawyer makes it easy tocreate a professional release of liability formfor your ninja warrior business when you sign up for their premium membership. For $39.95 per month, members receive access to hundreds of legal agreements and on call attorneys to get complimentary legal advice.

Certificate of Occupancy

A ninja warrior gym is generally run out of a gym or warehouse. Businesses operating out of a physical location typically require aCertificate of Occupancy(CO). A CO confirms that all building codes, zoning laws and government regulations have been met.

• If you plan to lease a location:
• It is generally the landlord’s responsibility to obtain a CO.
• Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a ninja warrior gym.
• After a major renovation, a new CO often needs to be issued. If your place of business will be renovated before opening,it is recommendedto include language in your lease agreement stating that lease payments will not commence until a valid CO is issued.

• If you plan to purchase or build a location:
• You will be responsible for obtaining a valid CO from a local government authority.
• Review all building codes and zoning requirements for your business’ location to ensure your ninja warrior gym will be in compliance and able to obtain a CO.

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully.Business Insuranceprotects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face,begin withGeneral Liability Insurance. This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Another notable insurance policy that many businesses need isWorkers’ Compensation Insurance. If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

Is this Business Right For You?

Fitness gurus who are passionate about helping others become stronger are best built for this profession.

What happens during a typical day at a ninja warrior gym?

To cater to the needs of your clients, your days will be kept to a regular schedule. Daily activities include:

• Fielding phone calls and emails, answering questions for current and potential clients.
• Overseeing tours of the facility for potential clients.
• Ensuring facility remains clean and maintaining obstacle courses.
• Researching the latest fitness trends.
• 后官方“忍者战士”活动nsure your gym offers the best courses to prepare customers training for the show.
• Networking within the community, both on a local and national level.
• Planning, hosting, and participating in events.
• Marketing your business.
• 监督和培训员工。

Additionally, there are a number of administrative tasks that must be addressed regularly. As the gym starts to build a solid membership base, you may want to add a member to your team who can handle these duties.

What are some skills and experiences that will help you build a successful ninja warrior gym?

As a gym owner, it is important that you are passionate about what you do. This passion should shine, motivating your clients to always strive for more. Since your client base will be diverse, you should be able to connect with every age group and personality type.

To meld and balance one’s passion with business successfully is no easy feat. If you are inexperienced with the intricacies of running a business, consider taking a basic business course online or at your local college.

Your customers expect to see physically fit instructors running the facility. They also expect a certain level of knowledge regarding Ninja Warrior competitions, obstacles, and current events. For long-term success, ninja gym owners are urged to become acertifiedNinja Warrior training facility.

What is the growth potential for a ninja warrior gym?

As “American Ninja Warrior” continues to grow in popularity, so, too, will ninja warrior gyms. Last year, over 75,000 athletes auditioned for the show. These numbers are expected to grow, offering a unique business opportunity to entrepreneurs dedicated to achieving their goals.