answersLogoWhite

0

Are gyms recession proof

Updated: 4/28/2022
User Avatar

Wiki User

14y ago

Best Answer

Yes they are - they thrive on people being unemployed and having nothing better to do with their time, especially that many people use them to cut back on water and internet access at home. They also make sure that people spend the last money in their pocket on the promise of looking good, while keeping those promises in check, because if they actually made all people attending the gyms look good, they would be out of business - so they just throw them little something here and there just to keep their motivation up and sell them memberships, products and personal training sessions. Perfect recession proof business model.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are gyms recession proof
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the release dates for Recession Proof - 2009?

Recession Proof - 2009 was released on: USA: 20 July 2009 (limited)


What are the release dates for Rachael Ray - 2006 Recession Proof Your Life - 3.118?

Rachael Ray - 2006 Recession Proof Your Life - 3.118 was released on: USA: 12 March 2009


Why entertainment is recession proof?

Because people will always love to be entertained


What are the release dates for Rachael Ray - 2006 Recession Proof Your Life 3-118?

Rachael Ray - 2006 Recession Proof Your Life 3-118 was released on: USA: 12 March 2009


What are the ratings and certificates for House M-D- - 2004 Recession Proof 7-14?

House M-D- - 2004 Recession Proof 7-14 is rated/received certificates of: Netherlands:12


Are waitress jobs considered to be recession proof?

No, because many restaurants such as Applebee's are closing their stores and cutting back on jobs.


Is the gardening plants and flower industry recession proof?

It's one of the most recession-vulnerable industries around. Some people would say it's recession-proof because if things got bad enough people would start growing their own food. True enough, but the majority of that business is in the sale of decorative plants--which are luxury items. Any business that deals primarily in luxuries is going to be hard hit if things get bad enough.


Are there any alternative investments that could be made during the recession that are safe?

Safe investments are still available. There are many companies that are "recession proof", such as utilities and commodities. An investment banker can work up a financial portfolio for you, and give you some good options.


What is the job security for a branch manager insurance?

Insurance is a recession proof industry so as long as the BM is doing his her job properly and is profitable they will have great job security.


Is there 2 gyms in GTASA?

there are 3 gyms in gta san Andreas


What is good about shaffer trucking?

They're a good company, they actually do have some regard for their drivers, they pull refrigerated trailers (refrigerated freight is the most recession-proof freight of them all).


What is the adjective of recession?

The adjective of recession is recessionary.