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Doug's Return to Gym Ownership and Starting a Second Location

In this episode of Wealthy Gym Owners, Pat Rigsby and Doug Spurling discuss Doug's return to gym ownership and the process of starting a second location of Spurling Fitness. They delve into Doug's journey from selling the original Spurling Fitness in mid-2024, to focusing on real estate and coaching, and then deciding to embark on this new venture. Doug shares his thought process, financial planning, and the logistics of securing a new location, including his strategy to operate with a leaner staff and a singular small group training model. They explore the benefits and challenges of entering a tier-two market and how past experiences will inform the new approach. Additionally, they talk about the opportunity for coaching clients to follow along and build their own gyms in tandem with Doug's new project.

00:00 Introduction and Exciting News 00:34 Doug's Journey Back to Gym Ownership 02:41 Planning the New Gym 03:18 Financial and Operational Strategies 07:10 Marketing and Growth Strategies 08:06 Location and Facility Considerations 14:08 Timeline and Future Plans 17:35 Final Thoughts and Flexibility in Business