How to Buy a Gym Step by Step
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
How to Buy a Gym Step by Step
-
Narrated by:
-
By:
About this listen
Buying a gym can be one of the best business decisions you’ll ever make or one of the most expensive mistakes of your life.
In this episode of “Run a Profitable Gym,” Two-Brain Business CEO John Franklin and attorney Matthew Becker of Gym Lawyers PLLC walk you through exactly how to buy a gym without overpaying, buying a disaster or landing on legal landmines.
Matthew has handled over $50 million in gym transactions, and John has personally bought and sold five gyms in New York City.
In this step-by-step training, the pair break down:
- The formula for valuing a gym.
- Factors that impact the valuation.
- How to define and find the gym you’re looking for.
- The legal process for buying a gym.
- Options for financing a gym purchase.
Before you commit to a buy, check out this show and make sure you're setting yourself up for long-term success in the fitness industry.
Links
Free valuation calculator: "How to Buy a Gym"
"How to Value a Gym: SDE, Multiples and What a Gym Is Actually Worth"
Book a Call
Gym Lawyers Consultation
2:41 - How to value a gym
17:14 - Define your “buy box”
18:55 - The search
22:12 - Legal and financing
36:43 - The full playbook