Gym owner opens three gyms in 10 months

John Franklin (https://twitter.com/JohnIsBuilding) & Mateo Lopez chat with Jeff Schumacher, the Co-Founder of Engage Personal Training (https://engagepersonaltraining.com/), about how he opened 3 gyms in 10-months. Jeff provides insight for gym owners on how to run and scale multiple profitable gyms.   Show Notes: (0:36) Introducing Jeff Schumacher (3:47) The most difficult part of running multiple gyms (5:19) Explaining Engage Personal Training–why it works so well (9:38) The economics of Engage locations (15:00) The secret to obtaining high profit margins (17:00) How do you run a gym successfully with 2 staff members? (23:26) Jeff's strategies & offers to get bodies in the door (27:49) Why great customer-service is important (30:44) How Jeff finds the right operator & staff for his gyms (33:44) What's the onboarding process like? (36:23) Where does the cash come from to open a new facility? (37:58) How are staff members compensated at Engage? (42:26) Breaking down the costs of opening multiple locations (44:18) Would Jeff ever consider franchising? (47:05) Buying real estate vs. renting for multi-location (49:16) Launching a new location Out-of-State