MMATycoon: Created page with "Hints and tips on how to run a gym, provided by users of the game.

'''Tip #1:''' '''Run a Sparring Gym to make early profits'''
If you want to make early profits with gyms,run a Sparring gym or just a basic gym. These gyms usually cost about $30 a week,so it's a good idea to set your price at that. If you do this,set the capacity to an amount above 250. But not more than 500.

'''Tip #2:''' '''Start small and then expand'''
When star..."

2024-12-11T21:49:45Z

Created page with "Hints and tips on how to run a gym, provided by users of the game. '''Tip #1:''' '''Run a Sparring Gym to make early profits''' If you want to make early profits with gyms,run a Sparring gym or just a basic gym. These gyms usually cost about $30 a week,so it's a good idea to set your price at that. If you do this,set the capacity to an amount above 250. But not more than 500. '''Tip #2:''' '''Start small and then expand''' When star..."

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Hints and tips on how to run a gym, provided by users of the game.

 

'''Tip #1:''' '''Run a Sparring Gym to make early profits''' 

If you want to make early profits with gyms,run a Sparring gym or just a basic gym. These gyms usually cost about $30 a week,so it's a good idea to set your price at that. If you do this,set the capacity to an amount above 250. But not more than 500. 

 
'''Tip #2:''' '''Start small and then expand''' 

When starting a gym, expect to lose money the first few months. It is essential to minimize costs (ie. don't hire too many coaches).

Cost per week of elite coaches:

Single Elite Coach = $5,500 (Signing Fee) + $2,750 per week (wages) 
Double Elite Coach = $10,000 (Signing Fee) + $5,000 per week (wages) 
Triple Elite Coach = $14,500 (Signing Fee) + 7,250 per week (wages) 

It's ok to taking out a loan for the first few months, but remember that loan payments must be paid each month. If the bank loan is $50,000 then each week the loan payment will be $1,057.70. 

 
'''Tip #3:''' '''Run your Gym like business''' 

Figure out what is your break-even point and set a goal to breakeven after 2 months 

Break even point = Revenue / Cost = 1 

Revenue = Gym Members + Vending Machine 
Costs = Coach Wages + Cleaning Costs + Equipment Change + Vending Machine + Bank Loan 

If the gym cannot breakeven, then there are a few options

A) Increase Fees - but no. of members maybe decrease 
B) Decrease Fees - to try and attract more fighters 
B) Fire Coaches 
C) Reduce Cleaning Costs (Try to maintain $10 x no. fighters per week)

Gym Tips - Revision history