- State: North Carolina
- Country: United States
- Listed: December 3, 2018 10:13 pm
- Expires: 77 days, 7 hours
ILKB is a turnkey business opportunity with current revenues that is well-positioned for either an owner-operator or an investor looking to acquire assets in the fitness industry.
iLoveKickboxing (“ILKB”) solves major problems in the $25.8 billion dollar fitness industry that many gym-goers encounter, like boredom and goal accountability. The fitness boutique designs a new hour-long workout for every day of the year that can burn 700-1000 calories. This is accomplished through a full body workout incorporating cardio, resistance training and martial arts. There are also weight loss challenges throughout the year locally and nationally with winners winning cash prizes. ILKB emphasizes community, fun, and expert support for long-lasting results. Great experiences lead to referrals which explains how ILKB has created a solid pipeline of new memberships coming from existing members.
ILKB offers a distinct advantage over competitors by conducting small group classes, with a personal trainer feel. New customers get a designated trainer for their first class, ensuring a positive and intimate experience. This personal trainer feel for a lower cost is appealing because customers can attend multiple classes at the cost of about three personal trainer sessions.
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?
Many 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
- 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
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.