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PERFECT FOR ABSENTEE OWNER OR owner operator Greater than 25 % return ANNUALLy on investment DENSLEY POPULATED, ON Main ST with LARGE parking AREA for […]
Dense Population with High Income Population Located in well known shopping center with plenty of well lit parking. Not far from heavily traveled roads that […]
Seize your best opportunity for owner/operator to buy a 16,000 s.f gym for 70% discount off $800,000 replacement cost. Asking price $240,000. Annual revenue from […]
A highly profitable 1200sqft. turnkey Fitness Training Studio up and running since it’s establishment in 2013 to present. Located right on major highway. Excellent for […]
Open your own fitness center, health club or gym. No long term contracts – No franchise fees. More support than any franchise in the industry. Usually there are hefty franchise fees, royalties and long-term contracts to pay after buying a successful franchise business. But under Jim Thomas’ proven program these all disappear, saving the new gym owner thousands of dollars per year.
Health club, Fitness Center or Gym wanted with a minimum of 10,000 square feet up to 40,000+ square feet. Must have solid EFT base. Franchised or […]
13k sq ft Fully Equipped Health Club with AWESOME New functional training area, New Audio and Video in Stadium style Spin room PLUS Barre/Yoga studio. […]
Do you own a health club, fitness center or gym in the sun belt, New Jersey, New York, Central Florida, California, Colorado, Kansas City, Atlanta […]
Plenty of Parking, well established with a very generous gross, long term lease, No CAM. Pre aproved location with a National Franchise! $247,000 cash flow […]
East Coast Fitness Website Sold*Sold*Sold Top of the line neighborhood gym serving 2,000 members. Beautiful locker rooms and completely equipped facility. Asking price: $299,000 Annual Sales: […]
Off The Market Included in the build out is an 8 camera surveillance system, key card access, “CYBEX strength circuit, life fitness treadmills, ellipticals, and […]
Sold * MERCER COUNTY Full Service Fitness Center in a Densely Populated High Traffic. Full Service Fitness Center with Dedicated Spin Room, Tanning Room, Group […]
“Outstanding NJ Fitness Center for Sale Nestled in Hunterdon County NJ….Which ranks fourth among U.S. counties for household income, this fitness center boasts growing revenue […]
Recently renovated facility boasts over 850 members. Ideal for a conversion to co-ed or run as is.
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.