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Attention Entrepreneurs, Investors and Personal Trainers. An existing 18,000 square foot Fitness location has become available for lease in Dallas County! As a Fitness business […]
Prime location offers great opportunity for personal trainer, husband and wife team or first time buyer; This 13,000 square foot facility has under market rent […]
Texas-MintonSportsplexAuctionNotice.pdf Texas-MintonBidProceduresEquipment.pdf This club is well run and easily managed. When touring the club, the first thing you’ll notice is how clean, fresh and new […]
Texas-MintonSportsplexAuctionNotice.pdf Texas-MintonBidProceduresEquipment.pdf BANKRUPTCY SALE MINTON’S SPORTSPLEX Bid deadline: June 24, 2016 Jim Thomas | email@example.com | (214) 629-7223 Mike Minton founded Minton’s Sportsplex in 1987 […]
Owner Operator make $ 120,000 <33% per year> on A Fitness Center with NO DEBT Great Location OR Be an Absentee Owner. Keep Great Manager. Make […]
No debt and increasing revenue…approximately 950 members. Great location in shopping center near large food stores and restaurants. Well maintained with new state of the […]
We have qualified buyers for club in Dallas. Call or email us today.
Turn key. Well established and very profitable gym near Houston with real estate. 15,000 sq ft with free weights, cardio, classroom, boxing area, lap pool, sauna, tanning, and merchandise sales. 2,000+ members. Owners operate remotely with dedicated staff in place.
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 […]
No Money Down. You will own a 12,888 sq ft fitness center in Mesquite, Texas. The fitness center current income is $3,900 per month. Buyer has to assume existing lease.
Established in 1993, Elite Gym and Fitness offers a complete fitness experience from free weights to group classes and personal training.
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.