Should I Buy this Gym?
I’m currently in negotiations to buy a gym. The gym has been around for approximately 3 years and has been at a loss since opening. It’s approximately an 8000 square foot facility and they have …
A Business Broker’s Perspective on Buying a Gym
“Most gyms are priced too high due to owners looking at what they put in versus what it is worth. Depreciation is a real thing – especially with gym equipment.”
This gym went from losing $4000 per month to making $45000 per month with one change
A new owner brought some new ideas and turned a failing gym around with one change.