Gym Startup Cost Comparison

Sandy Springs, GA vs Miami, FL

Sandy Springs, GA

$92,000 - $463,000

COL Index: 108.3

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Sandy Springs, GA Miami, FL Difference
Business Registration & Licenses
$2,400 - $8,900 $2,600 - $9,500 -7%
Commercial Lease (First + Last + Security)
$19,300 - $115,800 $23,500 - $140,900 -18%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$16,500 - $88,000 $16,200 - $86,400 +2%
Business Insurance (Annual)
$3,000 - $10,000 $3,000 - $10,000 Same
Technology & Software
$2,000 - $10,000 $2,000 - $10,000 Same
Marketing & Pre-Sale Campaign
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3 Months)
$16,200 - $65,000 $19,200 - $77,000 -16%
Total Estimated Cost $92,000 - $463,000 $100,000 - $499,000 -7%

Local Market Factors

Factor Sandy Springs Miami
Cost of Living Index 108.3 128.3
Commercial Rent ($/sqft/yr) $22 - $52 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 8.9% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $100 $125

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