When The Going Gets TOUGH The Smart Get Help
Dallas, Texas (PRWEB) July 01, 2014
Entrepreneurs and corporations taking advantage of the booming health and fitness industry are continuing to meet up at Gyms For Sale, the extensive website with listings of gyms, fitness centers, and health clubs nationwide that are ready for the next owner’s vision and success.
The 2014 gym sale closings thus far include these successes:
- Two separate deals in the Garden State of New Jersey, both of which involved first-time buyers of clubs with more than 20,000 square feet. “Both of these buy-sells were great situations regarding acquisitions costs,” says Jim Thomas, owner and president of Gyms for Sale and Fitness Management & Consulting.
- One of the transactions was with an Asian real estate group who originally bought a club as an investment, then found not only a willing buyer for the club, but also a tenant for the building where the gym resides.
- A building/club owner in the Midwest with more than 100K square feet of gym space and a desire to close down the business. The owner connected with a gym buyer/building tenant through Gyms for Sale, and realized a new income gain instead of the expected loss from closing down the gym.
Gyms for Sale features a streamlined online search by state for gyms, health clubs and fitness centers for sale. Each listing delivers details that potential buyers find important, such as the asking price, existing membership base, number of trained employees on site, square footage, competition and club equipment. A recent feature added to the site gives searchers the ability to register and then receive an email automatically from the site when a seller adds a new listing by the specified state.
There are other companies that promote fitness business opportunities, but the unique advantage of Gyms For Sale is its tie-in to Fitness Management & Consulting. "If you're relatively new to the fitness industry, or maybe just new to the business end of fitness, we can take you through the entire process of setting up your operations, management, business structure and more," says Thomas. “Once a potential buyer finds a property that seems to meet the criteria, we’ll facilitate the communication among the involved parties and ensure smooth business transactions during each step of the process.” While Fitness Management & Consulting can serve as the broker between buyer and seller, it also welcomes outside brokers to introduce potential buyers or sellers to the opportunities at Gyms for Sale.
“Gyms for Sale complements Fitness Management & Consulting’s experienced consulting services perfectly to help gym owners properly enter or exit the gym business,” states Thomas. owner and president. One of the many valuable tools and resources available to club owners considering a sale is the application of the company’s 25 years of solid experience in business valuations. Thomas and his team effectively analyze the strengths and weaknesses of the club (financially and operationally) and the overall value of the club’s assets while factoring the amount the market will bear.
About Jim Thomas’ Fitness Management & Consulting
Fitness Management & Consulting is a firm specializing in health club business consulting, turnarounds, new club start ups without franchisee fees, and sales training. Its founder, Jim Thomas, has over 25 years experience in all aspects of health club sales, club ownership and management. Fitness Management & Consulting is a privately held company based in Dallas, Texas. For more information on Fitness Management & Consulting, please visit http://www.fmconsulting.net.
Fitness Management & Consulting