How To Start Your Own Mma Gym – MMA has become very popular in recent years due to the increasing popularity of UFC and Bellator. As a result, more and more people are interested in participating in the sport, either as a form of training or eventually fighting professionally. This increased interest is an opportunity to profit for those willing to work for owning an MMA gym.
Table of Contents 1 MMA Gym Research2How Much Does an MMA Gym Owner Make?3Income4Expenses5Profit6Develop Your Skills7Business Formation8Run an MMA Gym9Marketing Your Gym10Personal Website
How To Start Your Own Mma Gym
But keep in mind, owning an MMA gym is not easy and is a labor of love for most people. However, for the right people, it can be a very profitable business. If you’re interested, here’s a comprehensive guide showing you how to start your own MMA gym.
How To Start An Mma Gym In 2021
According to the Google Trends chart below (for the United States), which rates interest by Google searches, search interest for MMA gyms grew impressively between 2004 and 2009. Interest in MMA gyms appears to have peaked in the summer of 2009 and has declined slightly then stabilized between 50-75 search range since then.
For the sake of comparison, search trends for Brazilian Jiu Jitsu (BJJ) gyms are also added to the Google Trends graph. Search interest for BJJ shows more consistency than for MMA gyms. Interest in BJJ has slowly but surely increased over time. However, the overall search value for BJJ gyms pales in comparison to the number of Google searches for MMA gyms since 2006.
According to IBISWorld, the market size for Martial Arts Studios was around $5 billion in 2019. They also state that an average industry growth of 3.7% occurred for Martial Arts Studios between 2014-2019. Remarkably, an estimated 35% of martial arts participants attend MMA classes. Next, Statistica created the following chart of MMA participants and it shows just how much people have taken MMA classes, let alone untapped potential.
Statistics on the average annual salary for MMA gym owners are not available. Payment ranges can vary widely based on an owner’s ability to attract students, what fees they charge and the money gym owners have to spend to keep the school running. The final content will be expanded upon later in this article. Several sources can give you an idea of expected salary by evaluating the following data. Company Indeed states that the average UFC Gym Martial Arts Instructor salary is $31.95 per hour. Meanwhile the Salary.com website indicates that the average Mixed Martial Arts Trainer salary ranges from $77,407 to $117,091.
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MMA gym owners usually allow their students the opportunity to book private lessons with them in addition to the usual group classes. Fees for group classes can also be charged differently based on whether students want to focus on one particular skill such as striking or if they want to have access to all available classes. Following are the prices for MMA training at select gyms near me, which are major metropolitan areas. These gym prices provide a good representation of the average expected cost for an MMA participant.
A quick calculation shows that just having 30 students on the all-access option would give an MMA gym owner over $50,000 in revenue. Once an MMA gym owner continues to grow their program, they can add private lessons and sell merchandise to build. their MMA gym business is quite profitable.
The cost of owning an MMA gym varies. Equipment costs are one-time non-recurring costs. You just need to keep them in top condition so you don’t have to buy new ones as often. In addition, the facilities that you rent also need to be considered as costs. In addition, you may need to hire some administrative support. You can pay for administrative support or let them take classes for free.
Additionally, marketing costs need to be factored into the equation. Marketing costs will be much higher in the first few years when you start out. However, even with a mature business, you can expect to spend at least $2,000 a year on marketing expenses.
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Since many facilities and equipment have a set fee, the profit margin for running an MMA gym is highly dependent on how many members are present at the gym. The following calculation uses data from the company Zen Planner which surveyed more than 349 martial arts schools.
In our example, we determined the tuition rate of our class for 50 members who signed up for the “full access” membership option at a monthly fee of $144.99 per month as previously stated.
The calculations from the example above would give the gym a total profit of $4,450.5 per month and an annual profit of $53,406 with 50 students on the list.
If you want to own an MMA gym, you have to know some MMA. That means, if you haven’t practiced yet, you should start practicing. Compete in several competitions. Get some rewards. The more awards you have, the better off you’ll be when it comes time to recruit members.
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In terms of offense, if you have a black belt in traditional martial arts, that’s a great start. But you should have years of kickboxing and boxing training in your arsenal. And you should at least have at least a few amateur fights under your own. But to brand yourself as the owner of a “legitimate” MMA gym, you’ll need to put in some professional fights.
When it comes to grappling, having a black belt in Judo or Brazilian Jiujitsu (BJJ) is great. But if you have an extensive wrestling background, all the better. Many MMA gyms don’t have the wrestling background to complement BJJ. So what if you don’t have a black belt? Well it’s not necessarily the end of the world. There are people who open their own MMA gyms with blue, purple, or brown BJJ belts. But if you don’t have a colored belt, you don’t need to teach grappling. But if you don’t have a colored belt, you can hire someone on a part-time basis to teach classes.
Having said that, having extensive MMA training is a good thing but not absolutely necessary. You can also go the “silent partner” route. In this route, you own most of the business but are partnered with someone with extensive MMA experience. But this route is not the best route because the margins in an MMA gym are not that big unless you franchise or open multiple locations.
This section focuses on the six basic needs to make your MMA gym business legit as well as the content needed to protect your business.
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Decide what kind of business structure you want to create for your MMA gym. The common choice that is usually chosen is to form a limited liability company or s-corporation. Legal Zoom has more info on the similarities and differences between the different types of business formations. Plus, they’ll help you through the necessary processes to set up your business.
After the business entity was established in the previous step, it is now important to obtain an Employer Identification Number (EIN). This federal tax ID is often a requirement for the following tasks:
EIN applications can be completed through online companies such as Legal Zoom for $79 or can be completed free through the Internal Revenue Service (IRS) online application.
Take time and research about what permits and licenses are required in the state and city you are going to. Try using the U.S. website. Small Business Administration to find this information. Ensure that all applications and related fee payments are properly completed. If you need help determining the appropriate licenses and permits, visit the U.S. Small Business Administration website. and search in their Local Help directory. This website will provide all the help centers in your area.
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Protect your personal assets by setting up a separate bank account dedicated solely to your MMA gym business. Approach your local bank and talk to them about their offerings. Choose the bank account and credit card that best suits your business needs.
At a minimum, a Liability Insurance policy is required to protect your MMA gym against financial loss due to bodily injury. Take your time to find the insurance that suits your needs and is the most cost-effective.
Rocket Lawyer allows you to draft a Disclaimer form that you must all class attendees sign before becoming a member. Combine this with liability insurance to protect and defend your MMA gym from lawsuits related to injury.
When you’re looking to start an MMA gym, keep the following in mind as you strategize and develop your business plan.
How To Start Your Own Mma Gym
So, who do you want to service your gym to? Do you want to cater to the casual 9-5 crowd that wants
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