Business Valuations

WONDERING WHAT YOUR HEALTH CLUB IS WORTH?

Fitness Management Is The Health Club Industry’s Valuations Expert!

Regardless of where your club is located, we have the experience and tools to quickly and accurately evaluate your business. By working with Fitness Management you have the advantage of dealing with over 25 years of health club experience.

WHY DO PEOPLE NEED BUSINESS VALUATIONS?

The top 5 reasons to obtain a business valuation are:

1. Planning for sale
2. Obtaining financing
3. Conducting annual review
4. Enhancing value
5. Tax or legal issues

HOW DO WE ESTABLISH THE VALUE?

Ultimately, the club is worth what the market will bear. This means that the club is worth the highest price a Buyer is willing to pay!

With that said, although we look at several different valuation methodologies, there are three that generally carry the most weight. They are: (1) multiple of earnings, (2) asset-based valuation, and (3) discounted cash flow analysis. Our valuation experts will value a club with more than one of the methodologies simultaneously, comparing results among the different approaches to determine a correct valuation, all the time keeping in mind the strengths and weaknesses inherent in each approach.

WHAT DO WE NEED TO GET STARTED?

All clubs are different. Some clubs keep great books and records. Others keep very little. We can work around any situation. However, most often we require:

1. Three years of business tax returns or profit-and-loss statements.
2. Current year-to-date profit-and-loss statement.
3. Current balance sheet.
4. Approximate value of furniture, fixtures, equipment, and inventory.

HOW LONG DOES IT TAKE?

In most cases, we can provide the valuation within 48-72 hours of receiving the COMPLETE packet.

WHAT DO I GET?

The completed Business Valuation consists of a 15 – 20 page bound document listing the:

  • Value of the business
  • Valuation methodologies used to establish that value
  • Descriptions of each valuation methodology
  • Possible financing scenarios.

HOW MUCH DOES IT COST?

The cost of the valuation is $1,500.00 if the business has clean books.

Contact Us today!

Be Sociable, Share!

Testimonials

Hello, my name is Dave Didion and I am the founder of AmericanGymTrader.com. I can't tell you enough how important it is to you to contact Jim Thomas if you are looking to buy or sell a gym. Jim is a nationally recognized leader in the industry. When I first spoke with Jim I felt as if I have known him all my life. He is very easy to talk to and does not start a conversation with a sales pitch. None the less his knowledge of the fitness industry will blow you away. Jim is the best consultant in the country, period. Don't waste your time and money and call Jim now.

Dave D.

800-929-2898

Call Today

Contact Us

  • Yahoo & AOL emails do not always get delivered due to their email systems. If you do not hear back within 24 hours, please call or use this email link - Email Us

GET OUR NEWSLETTER
Enter Email


asseenontv

directoryad2

fitmgtmktplce-ad

Our Top Services

 credit cards accepted

 Make A Payment

Membership Login

Monthly Webinar Training and Consulting

First Pacific Funding - Click Here For Financing