What is the investment to open a gym in portugal in 2023?
Posted: Thu Dec 05, 2024 6:25 am
The sports and fitness sector in Portugal suffered a drop in revenue of over 50% in 2020 due to the COVID-19 pandemic, according to All United Sports. However, 2022 was a year of great recovery for the sector, and 2023 continues to show positive figures. So, if you want to open a gym in the coming months, we explain how and what investments you should make.
First of all, it is important to understand that you can set up a gym in two ways - on your own or through a franchise agreement. If you want to have a great deal of autonomy, flexibility and create something completely different, having your own business is ideal, despite the increased costs and little training and support. Alternatively, setting up a gym through a franchise makes the process easier, requires less initial investment and offers greater support and training. Discover some of the best-known franchises in Portugal .
Once this is defined, it is important that you are familiar with the gambling data usa phone number you are going to enter, knowing what the competition is like, your target audience, the regulations in force, new trends, among other factors. In addition, it is important that you create a business plan for your gym that includes this analysis and your entire idea in detail, so that you can have something structured and organized about what you want. Find out more about how to open a business in 2023.
Discover the different factors you should invest in to create a gym or health club in Portugal
Location
For a business of this type, one of the most important things to invest in is the location of your space, which can be one of the crucial factors in its success. Therefore, it is important to invest in a location that is close to the target audience you want to reach, with good accessibility in terms of public and personal transport and with nearby parking and spaces available for the number of customers.
Licenses, Legislation and Insurance
There are mandatory factors for setting up your own business and licenses and legislation that you will have to comply with, depending on the type of business, activities and modalities that you will include. In the case of opening a gym, you will need to take into account at least 3 licenses:
License authorizing the use of the space for a sports facility, in accordance with Decree-Law no. 141/2009 of 16 June, amended by DL no. 110/2012 of 21 May, requested from the corresponding Municipal Council so that the space can be opened. If the Council does not respond within 10 days, a prior communication must be submitted via the electronic one-stop shop, identifying the activities, a declaration of responsibility that the facilities meet all the appropriate requirements for the exercise of the activities to be carried out and a copy of the operating regulations for the sports facilities, safety instructions and evacuation plans, in accordance with the legislation in force.
License for the use of music in classrooms/workout rooms and similar, requested from PassMúsica , which is the Licensing Service legally registered in Portugal to grant this generic authorization on behalf of producers and artists. Costs may vary depending on the size of the space.
Training certificate of the Technical Director, as defined in article 16 of Law no. 39/2012 , of August 28, which requires the identification of the Technical Director(s) and their working hours to be displayed in each sports facility in a clearly visible place for users.
For some sports, such as CrossFit, you also need to have an official affiliate license . You should find out as much as possible about each sport you intend to offer. In addition, all gyms are required to provide a complaints book and display a certified smoke-free sign.
According to the economic activity classification system (CAE), the code for gym and fitness activities is CAE 93130. If you have, for example, yoga or swimming classes, the CAE is 85510 and if you have Turkish bath, sauna and spa services, the CAE is 96040, find out what the CAE limit is per company.
It is also mandatory for all gyms to have Personal Accident and Civil Liability Insurance that covers the risks arising from their activity, and must be displayed in a visible location for customers, according to the 17th of Law no. 39/2012 , of August 28th.
Spaces
If you want to build your own gym from scratch, you will need to invest a large percentage of your total investment in the land and construction of the space. To do this, you will need to understand the type of gym you want to build.
There are mandatory spaces, such as the reception, administration room and men's and women's changing rooms, with locker areas, toilets and showers. Additionally, you will need to have rooms dedicated to group classes, weight training rooms with equipment and space for stretching and warming up. It may also make sense to have a room for physical and nutritional assessments and a restaurant area selling sports or related products.
First of all, it is important to understand that you can set up a gym in two ways - on your own or through a franchise agreement. If you want to have a great deal of autonomy, flexibility and create something completely different, having your own business is ideal, despite the increased costs and little training and support. Alternatively, setting up a gym through a franchise makes the process easier, requires less initial investment and offers greater support and training. Discover some of the best-known franchises in Portugal .
Once this is defined, it is important that you are familiar with the gambling data usa phone number you are going to enter, knowing what the competition is like, your target audience, the regulations in force, new trends, among other factors. In addition, it is important that you create a business plan for your gym that includes this analysis and your entire idea in detail, so that you can have something structured and organized about what you want. Find out more about how to open a business in 2023.
Discover the different factors you should invest in to create a gym or health club in Portugal
Location
For a business of this type, one of the most important things to invest in is the location of your space, which can be one of the crucial factors in its success. Therefore, it is important to invest in a location that is close to the target audience you want to reach, with good accessibility in terms of public and personal transport and with nearby parking and spaces available for the number of customers.
Licenses, Legislation and Insurance
There are mandatory factors for setting up your own business and licenses and legislation that you will have to comply with, depending on the type of business, activities and modalities that you will include. In the case of opening a gym, you will need to take into account at least 3 licenses:
License authorizing the use of the space for a sports facility, in accordance with Decree-Law no. 141/2009 of 16 June, amended by DL no. 110/2012 of 21 May, requested from the corresponding Municipal Council so that the space can be opened. If the Council does not respond within 10 days, a prior communication must be submitted via the electronic one-stop shop, identifying the activities, a declaration of responsibility that the facilities meet all the appropriate requirements for the exercise of the activities to be carried out and a copy of the operating regulations for the sports facilities, safety instructions and evacuation plans, in accordance with the legislation in force.
License for the use of music in classrooms/workout rooms and similar, requested from PassMúsica , which is the Licensing Service legally registered in Portugal to grant this generic authorization on behalf of producers and artists. Costs may vary depending on the size of the space.
Training certificate of the Technical Director, as defined in article 16 of Law no. 39/2012 , of August 28, which requires the identification of the Technical Director(s) and their working hours to be displayed in each sports facility in a clearly visible place for users.
For some sports, such as CrossFit, you also need to have an official affiliate license . You should find out as much as possible about each sport you intend to offer. In addition, all gyms are required to provide a complaints book and display a certified smoke-free sign.
According to the economic activity classification system (CAE), the code for gym and fitness activities is CAE 93130. If you have, for example, yoga or swimming classes, the CAE is 85510 and if you have Turkish bath, sauna and spa services, the CAE is 96040, find out what the CAE limit is per company.
It is also mandatory for all gyms to have Personal Accident and Civil Liability Insurance that covers the risks arising from their activity, and must be displayed in a visible location for customers, according to the 17th of Law no. 39/2012 , of August 28th.
Spaces
If you want to build your own gym from scratch, you will need to invest a large percentage of your total investment in the land and construction of the space. To do this, you will need to understand the type of gym you want to build.
There are mandatory spaces, such as the reception, administration room and men's and women's changing rooms, with locker areas, toilets and showers. Additionally, you will need to have rooms dedicated to group classes, weight training rooms with equipment and space for stretching and warming up. It may also make sense to have a room for physical and nutritional assessments and a restaurant area selling sports or related products.