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  • Reasons to Buy a Gym Today

    by on October 29, 2013 - 0 Comments

    With today’s rising unemployment, there is a corresponding rise in the number of prospective buyers looking for gyms, health clubs and fitness centers for sale. Many people dream of owning their own gym, being the boss, setting the rules, controlling their lives, and earning for themselves. Starting a gym can be difficult. You have to […]

  • The Do’s and Don’ts of a Fitness Center Valuation

    by on December 11, 2015 - 0 Comments

    Whether you own a fitness center and want to sell it, or you’re an entrepreneur who wants to acquire an existing gym, one way or another you will need to know what the gym is worth.  On the selling side, the idea is to make the price low enough to attract plenty of buyers, but […]

  • Selling your Gym | Fitness Center | Health Club

    by on April 2, 2014 - 0 Comments

    Fitness Management & Consulting has buyers for clubs in your area.  Call us today for a free broker’s opinion of value. We are seeking facilities between 5,000 – 75,000 square feet and can include real estate. We know that selling your gym, fitness center or health club can be an overwhelming process. We can help […]

  • 5 Major Mistakes When Buying a Fitness Center or Gym

    by on April 22, 2014 - 0 Comments

    Owning your own fitness center or gym can be a very financially rewarding experience. The thrill of being the boss and having complete control over your own destiny are the primary reasons people leave the work force to operate their own gym. Owning your own fitness center or gym can easily turn in to a […]

  • American Fitness Associates Health Clubs Recommendation

    by on September 24, 2014 - 0 Comments

    David Nahama 32 Valley View Street West Morristown, NJ 07960 April 14, 2014 Dear sir/madam: If you’re looking to sell your business or purchase an existing one, there’s no better person than Thomas Wynn at Wynn Realty. Thanks to Thomas Wynn I was able to sell my business. Mr. Wynn is an exceptional individual with […]

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.

214-629-7223

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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

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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.