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…