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Square feet: 15,412 Number of members: 2,660 Tanning, 60 classes per week, free weights, machines, boxing, krav maga, TRX Asking price: $599,000 Call or email […]
Fitness Management & Consulting Start Your Own Gym Opportunities Are Available In The Fitness Industry To Start Your Own Gym, Health Club or Fitness Center […]
Health Club | Fitness Center | Gym Broker Are you ready to sell your gym in San Diego, Orange County, Los Angeles or Ventura County? […]
35,000 SF Former Gym 35,000 SF former gym In a 254,000 SF grocery/drug/theatre anchored community center in the heart of La Mirada Join the La […]
Sublease at Existing Health Club Locations These are closed ready to go health clubs with no equipment at below market rents. Manhattan Beach – 1133 […]
2 Half Courts of BASKETBALL COURTS. 17,620 sq. ft former LA Fitness is now available in Orange County, California 17,620 sq. ft former LA Fitness […]
Health Club | Fitness Center | Gym Broker We have buyers seeking health clubs in western states Call or email for confidential appraisal of your […]
5,500 sq ft Southern California Gym – unique opportunity Strong, Loyal Member base | With regular advertising and promotions lots of room to grow | […]
Owner says sell! 21,000 ss ft, fully equipped with racquetball and outdoor pool. Receive the business for $1 when acquiring the building and land for […]
Please email for details. This is ideal for a personal trainer or owner operator. 5,000 square feet Beautiful facility.
Health Club | Fitness Center | Gym Broker For Lease Available Immediately 22,500 Square Feet Located in Orange County Close Proximity to AMC Theatre, Target, […]
Los Angeles area Gym for Sale. Ideal opportunity for experienced operator.
A Recommendation of Jim Thomas, President of Fitness Management and Consulting
by Norm Cates, Club Insider Publisher and Tribal Leader Since 1993
Jim Thomas is a talented, experienced, dedicated, determined, and very professional expert in the health, racquet and sportsclub industry. A club industry veteran of over 30 years, Jim has been a Club Insider Contributing Author since March of 2006, when he joined our Club Insider Contributing Author Team. During that time Jim has written and contributed 50 articles which have been published during our 284 months of Club Insider publishing. Jim Thomas is a truly great asset to our publication, and to our wonderful industry, and he can be trusted to deliver great results, over and over, no matter what the challenge.
When is it Time to Sell Your Health Club or Gym?
Owners of Health Clubs all reach a point in the history of their enterprise when it is time to “hang it up.”
Many factors will tell you when it is time:
- Gym Owner’s “burn out” Owner’s or key employee’s health problems
- Business relocation or rerouting of expressways
- Lease expires and you do not want to renew for another term
- Changing technology Get estate in order
- Not interested in investing long-term capital
- Children do not want to enter family gym business
- Largest accounts in financial difficulty
- Bank unwilling to renew credit lines for gym financing
- Supplier and gym vendor problems
- Staff problems
- Gym member’s habits changing
- Seeks retirement
- Wants to cash out and go fishing
Whatever the reason, you will need to plan an orderly transition to new ownership with less involvement on your part.