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- This gym makes $60K/month by renting training pods
This gym makes $60K/month by renting training pods
A high-margin concept growing fast in one of the country’s toughest markets
What’s up Gym World?
In 2021, Joe Cicero launched a strength gym in San Francisco inspired by the barbershop model. Instead of renting chairs, members and personal trainers reserve private pods by the hour.

It’s called The Yard, and Joe’s opened two locations so far with a third on the way. One makes $60K a month with 40% margins. The other is newer, but already earning about two-thirds of that.
If you’re a gym owner looking to add a high-margin offering, or a trainer tired of fighting for floor space, this model’s worth studying.
Here’s the summary.
The Concept
Joe has a background in investment banking and competes as a powerlifter. While training, he was often frustrated by how crowded traditional gyms were. The equipment he needed was rarely available, and workouts took longer than they should have.
He realized other people felt the same way. Living in San Francisco, he saw an opportunity to solve that problem by creating a gym where members could:
reserve the equipment they need ahead of time
train in their own space without waiting or crowds
get a consistent, efficient workout every time
After COVID, commercial leases in the city became more accessible and good locations were easier to find. Joe took advantage of the timing and opened the first Yard in a 3,500 sq ft space.

The Yard’s first location opened in December 2021, between Pacific Heights and Anza Vista in San Francisco. Two years later, Joe opened a second 3,200 sq ft location in the suburbs of Mill Valley, saying the opportunity was too good to pass up.
Today, The Yard runs on a reservation-based system, similar to what we’ve seen on Gym World with FlexWerk Fitness. But while FlexWerk gives you an enclosed private room with premium gear and top-tier tech, The Yard takes a more hybrid approach.
You still get a private pod, but it’s open-air—more like a designated zone than a closed-off room. The rest of the gym functions like an access gym, with shared areas for cardio, conditioning, and group classes.

FlexWerk private training room (left) vs. The Yard training pod (right)
At FlexWerk, members pay $18-$22 each time they want to reserve a room. At The Yard, $265/month gets you unlimited bookings and one-hour reservations through an app, with each pod equipped with:
turf or rubber flooring
a squat rack
a bench
barbells

Private pods ensure members never have to share equipment. The San Francisco location has 8 pods, and the Mill Valley location has 9.
Members also get access to the rest of the facility, which includes:
a larger turf area
free weights and cardio machines
outdoor training space (San Francisco)
showers
a sauna (Mill Valley)

They can also join group classes, which are included in the unlimited membership. These include:
Barbell Basics: a 6-week program that introduces powerlifting movements and how to use a rack and train safely (most prospects start here)
A-Factor Fitness: a circuit-style strength and conditioning class
HYROX HIIT: combines cardio, strength, and functional fitness
Recharge: recovery-focused with heat therapy, mobility work, and breathwork
Group classes run in the open training space, so members can still train in their pods while classes are happening. HYROX classes are independently hosted. Trainers pay $100 per hour to run them, and The Yard blocks off a portion of the gym during those times.
How Profitable Is This Concept?
Most gyms we feature run small group or semi-private training. Joe charges similar rates, runs fewer classes, and still pulls strong numbers from a small footprint in one of the priciest cities in the U.S.
If you're into the numbers, Joe makes it easy to follow. Each year, he publishes a detailed review of The Yard’s performance, covering everything from revenue growth and operating margin to utilization and customer satisfaction. He also shares quarterly reports.
This level of transparency gives everyone a front-row seat to how the business is doing. It's the kind of data investors love because it shows the trends, the risks, and the opportunities. You can read it here.
If you look at The Yard’s revenue per square foot, San Francisco brings in nearly double what big-box gyms like Planet Fitness (PLNT) and Life Time (LTH) average. Even Mill Valley performs on par with those chains.

Calculated as total revenue ÷ (number of locations × average sq ft per location). Source — The Yard: 2024 Year in Review
Joe says the San Francisco location alone brings in $60K/month in revenue. And last year, total company revenue was up 86% from 2023.

Source — The Yard: 2024 Year in Review
Clearly, people like it. Utilization at each location has nearly doubled, doubled, or more than doubled year over year since opening.

Source — The Yard: 2024 Year in Review
Joe’s goal is to have each pod booked five times a day on weekdays and twice a day on weekends—that’s what he considers 100% utilization. That works out to:
San Francisco (8 pods): 40 bookings per weekday, 16 per weekend day
Mill Valley (9 pods): 45 bookings per weekday, 18 per weekend day
FYI: He’s already exceeding those targets. SF is at 150% utilization—pods are booked 60 times on weekdays and 24 times on weekends. MV is close to 100%.
Most members train 3 to 4 times per week (not including personal trainers or casual drop-ins), so Joe’s now exploring ways to make growth more sustainable—like capping usage to preserve the private, high-end experience.
So what’s driving the success?
👉 The concept is unique. It’s flexible, high-end, and reservation based. Each member gets their own pod and equipment—something you rarely see in other gyms. It feels premium but still accessible.
👉 It fits the market. The Yard offers the kind of privacy, convenience, and quality that people in these areas actually want.
👉 The locations are well chosen. San Francisco is busy, walkable, and full of young professionals, which helps drive drop-ins. Mill Valley is quieter but more affluent, and members stick around longer because they like the private, premium setup.

And it’s not just members filling up the pods—trainers love The Yard too.
Why Trainers Choose The Yard
Starting a business in a place like San Francisco is expensive—especially for personal trainers who need space, equipment, and clients. Like FlexWerk Fitness, The Yard gives them the tools and environment to grow without the cost or risk of running their own gym.
No complicated contracts. Trainers rent pods to run their own sessions. Most purchase a 40-pack of credits for $1,120.
Fully equipped space. Each pod has everything they need to coach effectively.
High-end clientele. The Yard attracts professionals and affluent members who value privacy and are willing to invest in quality coaching.
Lots of flexibility. Trainers set their own rates (usually $130–$150/hour), can work with 1 to 3 clients at a time, and train as often or as little as they want. Some do it full-time, others on the side.
FlexWerk earns most of its revenue from trainers, who pay $18 to $22 per hour to rent a room and keep everything they make. At The Yard, Joe collects a rental margin instead. About 50% of the gym’s revenue comes from personal trainers, with the other half coming from paying members.
To support them, Joe regularly promotes trainers on The Yard’s Instagram and website.

The website features a full roster with bios and links to their social profiles.

This helps prospects find a coach who fits their goals, personality, or training style—and reach out directly via email or a consultation link.
By letting prospects filter by location, specialty, and availability, The Yard makes the process faster and easier for everyone. It removes the middleman and helps people find the right coach without back-and-forth.
It also gives trainers a steady stream of exposure through the gym’s channels, helping them fill their schedule without doing all the outreach themselves.
Certified personal trainers can easily register online to work out of The Yard. Joe also mentors them through LaunchPad, which he calls “a mini MBA” for building a successful training business.
TL;DR
Time is valuable—especially at the gym. No one wants to waste half their session waiting for a squat rack or hunting down a barbell.
So Joe built something better:
Private pods
Flexible booking
No shared equipment
Now, The Yard delivers a better experience for members and trainers, while generating higher margins and less stress than your average gym.
Could something this simple work in your city?
Joe’s currently working on location three. He’s aiming for five in the Bay Area, then heading east. NYC’s on his radar next, and The Yard’s mix of structure and autonomy could be exactly what that market needs.
ttyl,
j
📣 P.S. Found this interesting? Share it with another gym owner who’d think so too.