Property Type

Gym & Fitness Center Loans.

Finance your gym purchase, buildout, or expansion. From boutique studios to full-service health clubs — SBA, conventional, and equipment lending options for fitness operators.

90%
Max LTV (SBA)
5.5–9%
Rate Range
$300K–$5M
Loan Amounts
25 yr
Max Term
No credit impact Fitness industry experience Equipment included No upfront fees
GYM TYPES

What Type of Fitness Facility Are You Financing?

The fitness industry has diversified dramatically. Lender appetite and financing structure vary by gym model and membership economics.

Boutique Studio
CrossFit, F45, Orangetheory, yoga, pilates
Small footprint (1,500–5,000 sqft) with specialized programming. High revenue per sqft ($40–80/sqft). Franchise models (F45, Orangetheory) get preferred lending. Lower buildout cost but premium equipment. Strong membership retention.
Full-Service Health Club
Large format, multiple amenities
10,000–40,000+ sqft with cardio, weights, group fitness, pool, basketball, childcare. Higher buildout ($40–80/sf) and equipment cost ($500K–$1.5M). LA Fitness, Lifetime, and independent clubs. SBA 504 covers the full project.
Budget / HVLP Gym
Planet Fitness, Crunch, EoS model
High volume, low price ($10–25/month). 15,000–25,000 sqft. Lower revenue per member but massive scale (5,000–15,000 members). Franchise backing dramatically improves financing. Low staffing model with strong unit economics.
FINANCING OPTIONS

Loan Options for Fitness Properties

Gym financing is driven by membership economics and operator track record. Franchise backing significantly improves terms.

SBA 504
Best for buying your gym building
Rate5.5–7.5% fixed
LTVUp to 90%
Term20–25 years
EquipmentCan be included

Covers real estate + buildout + major equipment (cardio machines, strength equipment, flooring). 10% down for existing operations.

SBA 7(a)
Franchise acquisition + buildout
RatePrime + 2.75%
Max Loan$5M
TermUp to 25 years
FlexibilityMulti-purpose

Combine franchise fee, real estate or lease deposit, buildout, equipment, and working capital. The most flexible option for new gym launches.

Conventional Bank
Established operators, multi-unit
Rate6.5–9%
LTV65–75%
Term5–20 years
Down Payment25–30%

Best for multi-unit franchise operators with proven performance. Portfolio pricing available for 3+ locations.

Equipment Financing
Cardio, strength, specialty equipment
Rate6–10%
Term3–7 years
Amount$50K–$1.5M
Speed7–21 days

Treadmills, ellipticals, rowers, strength machines, free weights, specialty rigs. Equipment lease or loan with the equipment as collateral. Refresh cycles every 3–5 years.

KEY METRICS

What Lenders Evaluate for Gym Loans

Membership Count
Active + recurring
Monthly recurring revenue is the #1 metric
Revenue Per Member
$30–$150/mo
Boutique $100–150, budget $10–25
DSCR
1.25x+
Subscription model improves predictability
Franchise Backing
Significantly helps
Planet Fitness, F45, OTF unlock preferred lending
Buildout Cost
$30–$80/sf
Flooring, HVAC, showers, electrical
Down Payment
10–30%
10% SBA for owner-operators
THE PROCESS

How Gym Financing Works

01

Define Your Project

Buying a gym, building out a franchise location, or purchasing equipment? Share property details, concept, member count, and equipment needs.

02

Submit to BestLoanUSA

Single application with business financials and franchise agreement (if applicable). No hard credit pull.

03

Advisor Review with Jason

Jason evaluates your fitness model, membership economics, franchise standing, and property requirements to recommend the best financing structure.

04

Lender Matching

We submit to fitness-experienced lenders. Franchise operators access preferred lender programs. You receive competing offers.

05

Underwriting & Appraisal

Provide trailing 12-month P&L, membership reports, franchise agreement, equipment quotes, and buildout estimates.

06

Close & Build/Operate

SBA: 60–90 days. Conventional: 30–45 days. Equipment: 7–21 days. Buildout typically 8–16 weeks for boutique, 3–6 months for full-service.

Ready to Finance Your Fitness Center?

No credit pull. No commitment. See what gym financing options are available.

FAQ

Frequently Asked Questions

Should I buy or lease my gym space?

If you plan to operate 5+ years, buying locks in occupancy cost and builds equity. SBA 504 at 10% down makes this accessible. Gym buildouts (flooring, showers, HVAC) are expensive to replicate, so owning protects your investment. Many successful gym owners lease initially, prove the concept, then buy.

Does franchise backing help with gym financing?

Significantly. Planet Fitness, F45, Orangetheory, Anytime Fitness, and Crunch franchisees access preferred lending programs with better rates and higher approval rates. The franchise brand provides proven unit economics, operational systems, and marketing support that reduce lender risk.

How much does gym equipment cost?

Boutique studio: $50K–$150K (specialty rigs, bikes, rowers). Full-service gym: $300K–$1.5M (full cardio floor, strength circuit, free weights, functional training area). Equipment financing with 3–7 year terms is available. Most operators plan for equipment refresh every 3–5 years.

Can I open a gym with no experience?

Franchise models like Planet Fitness and F45 are designed for operators without gym industry experience — the franchise provides the playbook. SBA lenders are comfortable with franchise-backed first-time operators. Independent gyms require demonstrated fitness industry experience for most lenders.

How has COVID affected gym lending?

The fitness industry has fully recovered and exceeded pre-COVID membership levels. Lenders are comfortable with gym financing again, especially for franchise models with proven post-pandemic recovery. Some lenders still ask for trailing 24-month financials to demonstrate sustained recovery. The shift to hybrid fitness hasn’t hurt brick-and-mortar — in-person attendance has rebounded strongly.

What buildout costs should I expect?

Boutique studio: $30–50/sf (rubber flooring, mirrors, basic HVAC). Full-service gym: $50–80/sf (locker rooms, showers, pool, group fitness rooms, upgraded HVAC and electrical). Budget gyms: $25–40/sf (open floor plan, minimal wet areas). HVAC is often the single largest buildout expense due to high-volume air handling requirements.