Opportunities Are Available In The Fitness Industry To Start Your Own Gym, Health Club or Fitness Center

Opportunities Are Available In The Fitness Industry To Start Your Own Gym, Health Club or Fitness Center No Franchise Fees.  No Royalty Fees.  Save Thousands.  Be your own boss and own your own health club or gym.  We can help a qualified buyer with the opportunity to be their own boss and earn an above average income.  The consulting services of Fitness Management & Consulting and proven programs make it easy for you to get started on your path to achieving your dream of starting your own health club. The Fitness Industry is  Growing The percentage of people belonging to health clubs and gyms has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can prevent or control diseases that are driving health care costs relentlessly upward. Economically, the health club industry has proven to be recession-proof, averaging an 8% annual growth rate since …
Read more
  • October 18, 2015
  • 0

Sell Your Gym, Fitness Center or Health Club

A health club broker is a professional gym business intermediary brokerage organization specializing in gyms for sale. They perform gym business evaluations, Mergers and Acquisitions serving clients on a nationwide basis in both the small closely held gyms and fitness centers up through the large private and corporate holdings. Email us today with details on your gym.

When is it Time to Sell your Gym?

Owner’s 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 Under-capital…
Read more
  • October 2, 2015
  • 0

5 Major Mistakes When Buying a Fitness Center or Gym

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 nightmare if you make mistakes. These mistakes are avoidable if you know what to look for in the gym. You have a better chance of becoming a millionaire if you avoid these 5 major mistakes when buying a gym. 1) Due Diligence, Due Diligence, Due Diligence Not everything is as it seems and that is especially true when buying a gym. The owner can produce financial statements that show a gym is thriving. You need to do due diligence to make sure the information presented to you is valid and shows an accurate picture of the condition of the gym. You want to make sure you know what items the gym actually owns, what is leased, what is owed to the gym and what the gym owes to oth…
Read more
  • April 22, 2014
  • 0

How Do You Get Gym or Fitness Center Financing From The SBA?

The U.S. Small Business Administration has various loan programs that provide gym and fitness center for small businesses. It particularly caters to new and existing small gyms that are unable to secure business loans from lending institutions on their own. The SBA does not directly provide financing. It works with other lending companies and guarantees that the SBA will pay the loan if the gym defaults on it. This makes the lending company more confident in offering gym loans. Here is some information on these loans. How to Get a Business Loan for your Gym The SBA has a standard set of criteria for loan applicants: 1. The gym should be small with at most $7 million in tangible net worth and a net income of $2.5 million or less. Size limits can vary according and are determined by the number of employees and annual income. 2. The gym must be operated for profit. It should be capable to generate cash flow to repay the loan. 3. The gym should be in the United Stat…
Read more
  • April 8, 2014
  • 0