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 …
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How to Buy a Gym for Sale
Buying a Gym for Sale
Gyms for sale are all around us. There are a number of factors to consider when buying a gym, and plenty of questions to ask once you have settled on a couple of possibilities. Learn as much as you can before taking the big leap.
Examine the Financials
Check over the gym’s profit-and-loss sheets and cash flow statements. You should know everything there is to know about how much money has come into the gym, where it went, and what are the projections for future earnings. Enlist the services of an accountant or CPA to assist with these efforts. Pay special attention to the gym’s liabilities, as new owners usually acquire these along with the gym’s assets. The due diligence package should also include the gym’s income tax returns, legal filings, articles of incorporation, and information on lawsuits both past and pending.
Understand Why the Gym is For Sale
Everyone has his or her own reason for wanting to sell a gym or health club. Retirement is a p…
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