PT & Fitness center (Full Version)

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black -> PT & Fitness center (May 10, 2008 12:59:23 PM)

HI All,
I am a PT practising in ON. An opportunity has come up with regards to offering my services at huge fitness center. From some posts I realise some PT's are already doing it. I would greatly appreciate some insight. What would be a viable arrangement financially between the fitness center and me so that I don't get ripped off by them.
The fitness center is asking a base rent and a percentage of the billings. I am only starting out in this place and do not have a established large client base. I am inclined to pay the fitness center only a percentage of my billings as I may not have patients some of the time and it's only a part time proposition,  so why pay for space that I don't utilize.
Any information on what people are currently negotiating would be appreciated.
Thanks
Black



NPPT -> RE: PT & Fitness center (July 1, 2008 10:24:02 AM)

Hi Black,

I have just opened a clinic in a fitness facility. If you were planning on eventually being there full time, do not give up any of your billings, just negotiate for space. If you are only seeing a couple of patients a week, I would not invest anything into space or equipment, make the patients pay cash and just give the gym a very small percentage. You will be sort of a glorified personal trainer, but should be able to charge more and receive a higher percentage. Just my 2 cents.
NPPT



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