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Health Club, Fitness Center and Gym for Sale Broker

A health club broker is a professional business intermediary brokerage organization specializing in Health Clubs for sale. They perform business evaluations, Mergers and Acquisitions serving Texas, and represent clients on a nationwide basis in both the small closely held business up through the large private and corporate holdings. Email us today with details on your club. When is it Time to Sell? 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: 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…

Secrets to Buying a Gym or Fitness Center for Sale

Will you achieve your dreams or plans for the future by buying a gym or fitness center? Will this fit the lifestyle that you want? Buying an existing gym or fitness center is advantageous because both have an established member base and ongoing operations. Financing from traditional sources is also easier. Below are tips in finding the right gym or fitness center opportunity. 1. Are you familiar with the products or services offered by the gym or fitness center? What type of gym do you want? Does it match your background and experience? Having some understanding of the type of gym will lessen the amount of time you spend familiarizing with the product service, market and industry. 2. Do you have the support of your family? Running your own gym requires a lot of time and effort. There are some tasks that you cannot delegate to your employees. Share your plans with your family, so they understand and support your commitment to the gym. 3. Did you research the market an…

How to Buy a Gym the Right Way

Buying a gym or health club is a big and life-changing decision that also involves your family. You have so much at stake – your savings, energy and time – that the buying process could be overwhelming. Buying an existing gym is less risky than starting a new one. Its advantages include an existing market, trained employees, ongoing revenue and a proven working system in place. With these conditions in place, the question now lies on your capability to run the gym. Are you ready to be an entrepreneur? How can you avoid making the wrong decisions when buying a gym? How to Buy a Gym for Sale 1. Choose a gym you are not only interested in, but one that matches your skills and experience. Not knowing anything about the gym will entail spending valuable time and possibly costly mistakes to acquire the necessary knowledge. What type of gym matches your skills? The gym should thrive from your strengths. Choose a gym that you enjoy and find fulfillment. 2. How much cash …