Jim Gerber’s Gym on South Broadway is for the soccer mom and pro athlete.
“It’s a really tough sport, and people are tired coming here for the first time,” he said.
Gerber opened Saturday in the 12,000-square-foot building at 1409 W. 38th Ave. Traverse Fitness is opening a second location on the border of Denver’s Sunnyside and Highlands neighborhoods.
The new space cost $2 million to build and comes with “a little bit bigger than everything” — including a 36-person sauna, 32- and 42-person exercise classes, a 2,500-square-foot open gym and workspace.
“By the time we open, we’ll probably be over 500 members … and we’ll be profitable on day one,” Gerber, 46, said.
Today, Gerber’s gym has 850 members, paying an average of $220 per month.
He co-founded Traverse and opened his first location in late 2019 in a small building along the South Broadway walkway. Today, it has outgrown this building and the one next door, totaling about 10,000 square feet. It offers an altitude room that can feel like being on top of a mountain 19,000 feet above sea level, a sauna room, an open gym and two other exercise class spaces.
The business model is built from class work. Equipment includes everyday squat racks and benches to slide presses and awesome resistance machines.
The new location will offer even more modern equipment.
“We have turf, we have cardio with treadmills — a new version of the treadmill that actually does slide presses. We’re the first club in the United States, a commercial club, to have a treadmill like that,” he said.
But money doesn’t always come easily.
“I’ve had some serious home loans and some serious debt,” Gerber said.
The idea for Traverse was born in 2018. Gerber was on a skiing trip with his wife, fitness trainer Chris Peters. Peters, Wash Park’s Orange County coach, will lead groups to the mountains on weekends.
“He jumped in our car on a Saturday morning, and on a two-hour drive to the mountains, we just hit it off, and we had a lot of the same ethos and values and thoughts in the industry,” Gerber said.
“I’ve been in the industry for over 25 years, and I’ve always been looking for deals. I’ve always wanted to start my own business, a fitness business, and I know the operations side really well. And he was a fitness guy,” he added.
Gerber, who moved to Denver from San Francisco, California in 2016, has spent the bulk of his career working for West Coast gym Brand B Club. He started painting fences for a summer job at age 16 and worked his way up to the general manager of a place. He then dabbled in swimming and tennis clubs before taking the first step in running his own business selling inflatable bounce houses for birthday parties.
“I sold it in the spring of 2019,” he said. “401(k) enthusiasm. I went all in.”
Gerber and Peters found a 7,000-square-foot warehouse on South Broadway to start Traverse Fitness. The lease was signed in early 2019.
They never went inside.
First, Denver’s permitting process is underway. Construction took so long that they signed a separate lease for a smaller, temporary space off the street, which opened in December 2019 with 30 members paying $100 a month.
Then, the epidemic broke out.
“I got a call from the bank, ‘Hey, gyms around the world are failing, USA, we’re taking your loan. We can’t lend you.’ …and we’re only two weeks away from starting construction.
That same day, Gerber contracted COVID-19. He remembers sitting in his room, calling his high school friends, frantically trying to save money for the business. Eventually, he had to break the lease, losing $100,000 in doing so between the proceeds and the architect’s fees.
So, the temporary lease became a permanent home. They shared the building with music bands, and it wasn’t exciting.
“We’ll rehearse, and you’ll hear ‘Stairway to Heaven’ just going crazy,” Gerber said.
About two months after the bank foreclosed on him and he lost out on a bigger new location, Gerber suffered another blow — his existing building burned down.
“You really learn what you’ve got in your tank, and how to persevere when you face those kinds of obstacles,” he said.
Gerber was able to save some of his equipment, moving it to an empty warehouse next door at 2449 S. Broadway. It was then that his fortunes changed. He persuaded the landlord to lease the place to him. A few months later, he built an elevation chamber inside. When his old location next door was built, he leased it back, expanding into two buildings in July 2024.
Overall, he beat the metro area for second place. Armed with a LoopNet subscription — no broker needed — he traveled building after building to find the next iteration of the Traverse.
The municipality? It was very dead and expensive. Rino? Not enough parking. Then he arrived at a 12,000-square-foot empty box on the corner of Mariposa Street and 38th — his future home. NAI Shims Makowski Brokers Joey Gargotto and Solomon Stark represented the landlord side of the deal.
“What’s always been interesting about this place is that we have members from Boulder. That’s almost unheard of in the fitness industry. Anything outside of a 15-minute drive, your membership level goes down,” Gerber said.
“We have members who drive 20, 25 minutes to come here. You get those early signs. [that] We are doing a really good job here.
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