ilmscore | Gym Investment Disaster (Due To Mandates)

Gym Investment Disaster (Due To Mandates)

Published: 2022-01-25
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The speaker is providing an update on Eddie's gym, which has been impacted by the pandemic and is looking for a new location. The video was filmed almost two years after the start of the pandemic.
"we're going to talk to eddie and we're going to see what happened um to eddie's gym and how i've kind of been trying to help him with everything with he wants a gym so bad because he's in health and wellness and fitness and stuff like that but a lot of people had questions for you since um we have not done a video here since chrono fire started so it was almost two years ago"
Eddie's Gym
Pending
Multiple gym owners are earning between $20,000 and $50,000 per month.
"i can tell you there are multiple people out there who are earning anywhere from you know twenty thousand to fifty thousand dollars a month just with their gym this is eddie and this is his gym for those of you that are new to investment joy you probably don't recognize him since we haven't seen him since the start of the pandemic"
Gym Business
Pending
An investor is exclusively looking for warehouse space and has more available funds due to increased prices. Someone was interested in renting a portion of the warehouse for $3,000.
"i had somebody that wanted to rent such and such a wing of it for three thousand dollars so i ended up calling one of my investors that wants to buy a warehouse he's he's exclusively looking for warehouse space right now or a warehouse to buy and use it for space and he's like oh yeah i know prices went up so i'll have more money available"
Warehouse Acquisition
Pending
Successful gyms generate revenue not only from memberships but also from training packages, group training, and supplement sales.
"understanding that they have multiple streams of revenue with the gym it's not just memberships they're also selling training packages they're selling group training packages they're selling supplements they're doing a lot of things within the atmosphere of that gym not just gym memberships"
Gym Business Revenue Streams
Pending
The speaker experienced a significant loss of strength, going from using 60 pounds for 10 reps to struggling with 35 pounds for 10 reps, three weeks after contracting the virus.
"just three weeks ago on this exact same exercise he was using 60 pounds for set to 10 and that was 35 pounds for a set to 10 and he struggled so that that kind of gives you an idea of how much that virus can wipe out your energy and your strength"
Impact of Virus on Strength
Pending
Many small, local businesses have permanently closed because they could not secure the necessary funds to survive.
"but not every company i mean there's a lot of little small local businesses that are gone forever at least you know in my area they just couldn't they could not get the money that they needed to survive"
Small Business Survival Post-Pandemic
Pending
The estimated cost for gym equipment is $50,000.
"i think we figured out like 50 000 worth of equipment"
Gym Equipment Cost
Pending