Refurbished or New Fitness Equipment – What are the Considerations?
Clearly the most important factor in your decision-making will be the budget you have set aside for the project.
Whether you are:
A start-up gym;
Expanding the equipment you have to cope with new members
Replacing old kit that has had its day
Wanting to add to your range of, say strength
Adding a class such as Spin or Suspension Training
Do your finances run to buying new this time around? Have you considered leasing?
If you consider the start-up costs of a typical gym with 55 pieces of Cardio, 25 Studio Bikes, 32 pieces of strength and an assortment of gym equipment the cost of buying New would be around £375,000 whereas the cost of buying the same Fully Refurbished would be around £140,000 saving over 60%.
So what should you consider when choosing refurbished:
The first and most important thing to think about is the level of refurbishment you are being offered. Typically trade suppliers offer a Full Refurbish (Note: some suppliers call this level re-manufactured.)
Full Refurbishment will always include repainting so you can use the opportunity to customise; whether to match your existing kit or choose a striking colour scheme to make a statement. It’s amazing the difference you can make to, such as Life Pro Series strength with a change of paint colour and bright upholstery. At this level you should expect that key components that have become worn will be replaced and that you will get a warranty – anything from 1 month to a year is normal. With regular maintenance this sort of kit should give you years of good service.
An Economy refurbish often means little more than a clean and service, so it will not compare with the ‘as new’ you would expect from a full refurb. This can be a viable option but it may not offer the same potential to refresh and delight your members. Ask for photographs so that you can check the condition.
Refurbishing takes time so check the delivery lead-time fits with your plans
Most gym owners are more than satisfied with their refurbished buys and there is no reason why you shouldn’t be. Check the specification, and warranty you’re being offered and choose your supplier carefully and you should benefit from the huge savings that refurbished kit can offer.
Sales & Service Manager