ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Launch An Online Gym & Fitness Equipment Rental Marketplace

Updated on August 11, 2020
Bhavmeet Kaur profile image

A business consultant having experience of 4+ years and here to help you to grow your business or startup firm through complete analysis.

Launch an online gym rental business
Launch an online gym rental business

Let’s consider a few factors as below in starting an online gym and fitness equipment marketplace

As per the survey, the global fitness industry was valued near $100 billion in 2019 as more and more people were becoming more cautious about their health. Since physical activities are closely linked with well-being, in recent years strategies are being planned for improving the sedentary lifestyle. Fitness centers help in providing personalized training in which the trainers will invest their time in accomplishing fitness goals.

Since the winter of 2019, cases of Coronavirus have been confirmed and restrictions were imposed on travel from China. Not only China, but the pandemic wave also swept across the globe except the southernmost reach as only a limited number of people were allowed in and out of Antarctica. Governments are taking strict action to minimize the spread of the COVID-19 virus such as limiting the face to face contact and maintaining the social distancing with people. There is a need to maintain a space of at least 6 feet between yourself and another person.

Let’s consider a few factors as below in starting an online gym and fitness equipment marketplace:-

  • Fitness Industry Continues to Bear the Brunt of Coronavirus

    Physical activities lead to the long-lasting life of an individual. Because of the pandemic, it has become difficult to consistently clean or disinfects the gym.

Health specialists and other experts are dealing with COVID-19 risks in their everyday lives. This led to a ban on group gatherings and the requirement of wearing masks in public. The fitness industry has received a huge setback due to this. Will it be safe to reopen to gyms until and unless they guarantee the proper safety of their members?

  • Now’s The Time To Rent Out Your Gym Equipment

    To deal with this troubling situation, renting fitness equipment is the best option. The essence of this idea is quite straightforward.

Despite the COVID-19 virus continuously spreading, people are eager to join the gym. This is the reason that the industry is adjusting to the new reality of renting. Charging for gym and fitness rental equipment offers gyms a much-needed influx of capital.

Gym & Fitness Equipment Rental Marketplace Business Model

This includes purchasing fitness rental equipment from the owners & then entering into the zone of generating revenue. It is a common technique for converting the expenditure.

You can find convenient pickup and delivery choices that can meet your business needs. The security deposit will be refunded once the equipment is returned safely without any damage.

Revenue Generation Channels & Key Marketplace Features

Online gym & fitness equipment rental business helps in generating a huge amount of profit. The gym owners can rent out their equipment and increase their revenue.

The revenue channels are listed as below: -

  • Commission for every transaction that takes place

  • Advertising to publicize their products or service on the marketplace

  • Featured listing as an initial focus area of the website for new visitors

  • Subscription plans with the range of advantages like free delivery, fixed discounts on few orders and more

Key Players Dominating The Market

The online equipment rental industry has seen a major boom since COVID-19. Some of the key players that dominate the global market are as follows: -

  • A.E.S Fitness

  • FitDel

  • EasyFitness

  • GymLend

  • HireFitness

GymLend was created by two Sydney-siders for the business model that FATbit Technologies provides. There are more than 30 gyms in Australia and GymLend is one of them.

Key Features for Gym and Fitness Equipment Rental Business

As an entrepreneur, you must include the right features that a website can use such as: -

  • Homepage design keeping the target audience in mind such as a banner with a captivating image, variety of equipment, working and the platform

  • Gym Equipment rental page containing filters, high-quality images, rental price and vendor name

  • Product information page about the selected equipment

  • Booking form for filling out

Take Away

The demand for Online gym and fitness equipment rental has increased with the outbreak of Coronavirus. If you are interested in setting up such a marketplace, gather more information from our main blog, and become introduced with Yo!Rent.

Yo!Rent - Kick Start Multi-Vendor Online Rental Marketplace


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)