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Financing Opportunities for your Gym

Fitness Center Broker, Fitness Center Valuation, Gym Broker, Gym Valuation, Gyms for Sale, Health Club Broker, Health Club Valuation, Health ClubValuation, new gym start up September 28, 2016

You can’t execute your vision for your gym if you don’t have the financial resources needed to implement it: this is a simple truth for every gym owner across the industry. It takes capital to transform vision into reality, and in most cases, the bank across the street from you may not be your best option. In fact, given the strict nature of bank lending over the past decade, it may not be an option at all.

Most small- and medium-sized gyms and fitness centers struggle to secure funding needed for acquisition, growth or working capital needs. Gym owners are focused on the day-to-day challenges of running their club, and it can be very difficult and time-consuming to survey a vast array of lending options to identify one that can actually be secured.

While every vision will not be suitable for every lender, there is usually a lending partner somewhere that is the right fit for that vision. And it is the role of Fitness Management & Consulting to connect you with a lender or investor that will allow you to move forward and take action.

Fitness Management is not a direct lender but an advisor and advocate to the small- and medium-sized gym community:

• We will promote and guide you throughout the lending process to secure the financial strength and flexibility you need to achieve your goals.

• Our firm brings guidance, focus and financial leverage to our clients by leading them through a lending maze that can be very difficult and frustrating to navigate without direction.

• We operate under a strict code of ethics in developing and implementing what we feel is the best financing solution for each and every client.

• And most critically, through a national network of lenders, investors and other financial partners, Fitness Management helps to put cash into our clients’ hands so they can implement their visions and realize their dreams.

Fitness Management & Consulting can provide you with financial solutions that allow you the freedom to run your gym…the freedom to move forward, the freedom to grow and the freedom to thrive.

Now, go get funding for your gym!   

Jim Thomas is the founder and president of Fitness Management USA Inc., a management consulting and turnaround firm specializing in the fitness and health club industry. With more than 25 years of experience owning, operating and managing clubs of all sizes, Thomas lectures and delivers seminars and workshops across the country on the practical skills required to successfully build teamwork and market fitness programs and products. Visit his Web site at: www.fmconsulting.net or www.jimthomasondemand.com.

 

 

                                                                                                  

  

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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.

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When is it Time to Sell Your Health Club or Gym?

gymsaleMany factors will tell you when it is time:

  • 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 business
  • Under-capitalized
  • Largest accounts in financial difficulty
  • Bank unwilling to renew credit lines
  • Supplier problems
  • Staff problems
  • Customer’s habits changing
  • Seeks retirement
  • Wants to cash out and go fishing

Learn More

Whatever the reason, you will need to plan an orderly transition to new ownership with less involvement on your part.

For more info, please call us at 214-629-7223.

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We sold our health club within 4 weeks - Thanks!

Shawn T.