Let me ask a question that has a twist on it. My daughter currently takes gymnastics and the gym is changing ownership for reasons to long to discuss but the gymnastics program is successful. They are moving into a 20,000 square foot building but only using about 10,000 and want to put a martial arts program in there along with other health related activities in the remaining 10,000 or so, they want to build a gym and workout area, etc. They want to be like the "Y' in a way. They have plenty of capital, are not new to the business they have done this before and were very successful in another state sold the business and were planning on doing it again just not here but when they stopped in to stay awhile they decided to do it here. I was at the meeting about the change and mentioned that my Sifu was interested in possibly providing the martial arts, since we had discussed this situation in the past and I knew he would be interested. We stopped by the new facility yesterday after a seminar and were quite impressed.
Now for my question, does anyone have any experience outside of the "Y" (or in the "Y" as an independent contractor) as to the success of the program and what he can expect in a setting like this. What do you think about the potential for students, 1 day self defense classes etc... He would be in there essentially subleasing the space under his name. This would be another location, he has no intention of closing the main facility but may close a satellite operation down. The last MA group that was with the gym several years ago before they moved the gym to another part of town and he and his students did not want to travel had 50 or 60 students that he credited to be directly related to the gymnasics program.
We see great possibilites for growth, do you agree or disagree? Any comments or experience good or bad are appreciated.