Many Gold’s Gyms use ShapeNet Software and our billing services to manage and optimize their business.

CASE STUDIES

Health Club (2,800+ members)

The draft $70,538 settled
The fails 9.91%
Service Fee at 2% $1,410
Merchant fees $1,975 (credit cards and ACH)
Late fees $2,030 collected
Late fees returned to club $609

Profit share late fee amounts SHAPENET 70%; Club 30%
Actual monthly cost to the club $2,776 (Service Fee at 2% +Merchant Fees – Late Fees)
Competitor’s Costs $4,725 (Service Fee at 3.9% + Merchant fees)
Monthly Savings with ShapeNetFinancial $1,949 Actual Annual Savings $23,388
This is real data from a health club in Oklahoma.

Gold’s Gym (7,000+ members)

The draft $161,439 membership settled; $34,285 recurring PT settled
The fails 6.75% membership; 11.48% PT
Service Fee at 2% $3,914
Merchant fees $4,580 (credit cards and ACH)
Late fees $4,095 collected
Late Fees returned to club: $1,023
Profit share late fee amounts SHAPENET 75%; Club 25%

Actual monthly cost to the club $7,460 (Service Fee at 2% +Merchant Fees – Late Fees)
Competitor’s Costs $12,213 (Service Fee at 3.9% + Merchant fees)
Monthly Savings with ShapeNetFinancial of $4,753 and Actual Annual Savings of $57,036
This is real data from a 42,000 square foot Gold’s Gym located within one hour of Washington, DC. At June 1st, the membership totaled 7,200 and their Medallia score was 55.4.

Recent News

Virtual Fitness Software: Take Your Fitness Club To The Next Level

Since the Covid-19 pandemic began, the fitness facilities have been impacted the most. Many fitness businesses had to close their services for many months, and [...]

Read More

How to Turn Your Gym Into a Smart Fitness Facility?

How to Turn Your Gym Into a Smart Fitness Facility? Due to the Coronavirus outbreak, smart fitness facilities have become crucial to ensure the smooth [...]

Read More

The Benefits of a Branded Mobile App

The Benefits of a Branded Mobile App Let’s face it, before you enjoy that cup of coffee each morning, chances are you’ve already [...]

Read More

Our Partners

  • Open Edge
  • Keiser
  • TRP
  • Club
  • Brivo
Request Demo
REQUEST A DEMO TODAY Close

REQUEST A DEMO TODAY