Rabil: Unstaffed 24-Hour Gyms Generate Strong Cash Flow at 250 Members
Paul Rabil · Paul Rabil - Lacrosse and Entrepreneurship (Capital Allocators, EP.95) · Apr 15, 2019 · at 16:25
Paul Rabil explains the business model and economics of operating Snap Fitness franchises in Maryland early in his career.
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“There didn't need to be an attendee there. They had this 24 hour security system that kicked back to HQ, so that's why I was really lean, and we could operate these things and If you get them up to 250 to 500 members, they spit out cash”
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