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I invested in a CrossFit gym three years ago with 2 partners and we've done about 40x our original investment in dividends over the last three years. It was a l
by kylered 14y ago
I invested in a CrossFit gym three years ago with 2 partners and we've done about 40x our original investment in dividends over the last three years. It was a lot of work the first 18 months, but now it's a solid business with good recurring revenue and a staff that runs it very well.
- gregcohn 14y agoAre you opening additional locations? Was it a full-time job for the first 18 months?
- kylered 14y agoNo, for a variety of reasons. Mainly we always wanted it as a lifestyle business, but also due to location factors and not wanting to put in that much time again. I'd say about 15 to 20 hours a week for the first 9 months, then declining to about half that after 18 months.