Partnership vs LLC: Which Is Right For You?

There are two main types of business structures: partnerships and LLCs. Both have their own unique benefits and drawbacks, so it can be tough to decide which is the best option for your business.

What is a Partnership?

A partnership is a business structure where two or more people own and operate the business together. Partnerships are relatively easy to set up, and they offer a lot of flexibility; partners can come and go as they please, and the business can be structured in any way that the partners agree on. However, partnerships can also be quite risky; if one partner dies or decides to leave the business, the other partners could be left in a difficult situation.

What is an LLC?

An LLC, or limited liability company, is a business structure that offers some …

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Gyms for Sale

Have you made the decision to sell your gym. This is a critical moment in your business cycle and we want to help you receive top offers. We understand that the sale is more than a transfer of assets and we will help you maximize the profits from your exit. We have over 30 Years of experience in the health & wellness industry and we know what buyers want. Contact us today! fmconsulting.net/contact or 800-929-2898. #gymbroker #healthclubbroker #businessbroker #gymowners #fitness #mma#crossfit #kickboxing fmconsulting.net/gymsforsale
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Listing Gym Broker – Co-broker

We want to Help! Would you be willing to work with us as a Business Broker to help sell your business for you??? There are NO Fees until your business sells. We will Advertise, Market, Network & Promote your business For Sale. We will work hard for you. We want to Help! We have a very strong data base of buyers who we work with that are specifically interested in the fitness business. We look forward to hearing from you. Please advise ASAP so we may execute a Sale of your Business. Other brokers are welcome to contact us.  We will co-broker.
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Financing Opportunities for your Gym

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 lend…
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Sealing the Deal: The Benefits of a Gym Broker

Traditionally, a broker serves as a facilitator between buyer and seller, arranging transactions in exchange for a commission. If you're starting a new gym or modifying your existing vendor list, you can benefit from the knowledge and expertise of gym brokers. You don't have to face the daunting venture of starting a fitness center business alone. Getting Started If you're thinking of becoming a health club or fitness center owner, your gym broker can locate prospective sellers. A qualified gym broker will have valuable insight on buying and leasing space, establishing contracts with companies that supply the latest in health club equipment, and securing package deals. Your broker can also assist in acquiring the basics -- pool maintenance products, locker room supplies, health and beauty products, or vending machines. Establishing or Expanding Your Vender List If you are just starting out as a fitness center owner, you don't need to spend more time establishing you…
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Sell Your Gym Now

Is it time to sell?  Wanting a buyer for your gym? Don’t know where to find them? Our channels get thousands of hits each month.  When owners of gyms are looking to sell they turn to Fitness Management.  Fitness Management is your link to leading gyms and top business brokers by connecting you with quality prospective buyers and strategic acquirers. Buy/Sell transactions are at the highest level since 2007.  For buyers, the represents strong value opportunity as a result of increasing revenue growth and stabilizing prices.  The consistently strong financial performance of gyms bodes well for the future and is why gym owners are earning healthy sales prices upon exit. Fitness Management has Sr. Business Intermediaries looking for gyms in your area.  Reply now to find out if you are a possible match. Qualified buyers and strategic acquirers are out in force, it is truly a seller’s market.  Act now for a no-obligation consultation. Please fill in the requested information an…
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TRUFUSION Studio Purchases Rights To Fly Gym Fitness Program

Vegas-Based Fitness Franchise Announces Ownership of Aerial Exercise Model LAS VEGAS - Dec. 22, 2015 // PRNewswire // - TRUFUSION, the Las Vegas-based workout studio known for its unique variety of group classes and hot fusion workouts, has announced ownership of holistic aerial fitness system, Fly Gym. TRUFUSION will offer Fly Gym to its members at new locations as the brand expands nationwide. Fly Gym Fitness Program is an innovative fusion of yoga, Pilates and cirque inspired movements. The workout method combines traditional elements of endurance, strength and power with the addition of flexibility, stability and release. Fly Gym Aerial Fitness uses an 11 piece set which includes fabric slings, daisy chains and carabiners that are hung from the ceiling. Pam Carter and Karen Andes originally came up with the concept in an effort to train first time students who wanted to build strength. Today, Fly Gym is used by individuals of all abilities to achieve optimal wellness in…
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The Do’s and Don’ts of a Fitness Center Valuation

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 while making sure that you’re not leaving potential profits on the table.  From the buyer’s point of view, you want to determine the value of the fitness center in comparison to the listed cost.  The price you pay for a gym can seriously affect months or years down the road of profits, so this is factor is not to be taken lightly.  In many cases, a seller of the fitness center will engage the services of an industry expert to assess the value of the business they wish to acquire. These experts may arrive at vastly different figures.  Their ability to compromise can result in a mutually satisfactory transaction for both buyer and seller, but much of that process may be based upon what method each side uses…
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