Ask a Lawyer: The Top 3 Lease Issues for Gym Owners

As a gym owner, you'll likely face some issues when it comes to your lease. Three of the most important elements: rent (including CAM expenses), use of premises, and additional costs you're responsible for through "triple net" leases (insurance, maintenance, etc.).

How do you negotiate a better lease for your gym business? Is your rent increase justified? What happens when your use of the premises—dropping plates, loud music—becomes a problem for other tenants?

We pose these questions and more to Gym Lawyers founder Matthew Becker. Matthew—a gym owner himself—gives you tips for covering your bases and protecting yourself as you navigate the tricky terrain of gym leases.

Links

"Breaking the Sound Barrier" by Chris Cooper

2:15 - The "big 3": rent, use of premises, and what you're responsible for

3:07 - What comprises rent 

9:08 - Base rent plus fees

12:52 - Recourse if base rent goes up 

14:55 - Use of premises

18:06 - Noise issues

23:39 - "Everything is negotiable"

27:07 - Protecting yourself

32:27 - Cost of legal fees