In many ways, it’s easier to buy an existing gym than to open your own gym from scratch, but what if you want to learn how to find gyms for sale? If you’re wondering how to find a gym business for sale, there’s good news. The question of where to buy a gym has answers for the persistent and motivated gym buyer. If you want to buy a fitness studio or buy a health club or buy a CrossFit box, you name it. Check out this guide to learn how to find a gym to buy, where to search, and what to do.
Typically, there are three main ways to find gyms for sale:
Of course, you can also pound the pavement and simply cold call an existing gym owner and ask them to sell their gym, but even though that type of off-market gym deal may get you the best valuation, it’s quite a bit harder convincing someone to sell who is not ready to sell. But don’t discount the power of persistence and face to face time with a gym owner who you are trying to convince to sell their gym.
Opening a brand new gym business is an exciting endeavor, but it’s also a lot of work. You’ll have to find a location, choose a layout, build your branding, apply for permits, and so much more. Wouldn’t it be easier to buy the business after someone else has already done all the work? In many ways, the answer is yes! If you’re wondering how to find a gym business for sale, there’s good news—you have many options to choose from, each with its own pros and cons.
And after you’ve purchased a gym, you can still make it yours with personal touches like custom branded gym apps. The right gym software will help your new gym operate at its best. Book a demo to learn more.
Ready to get started learning the pros and cons of the different options for finding gyms for sale? Then keep reading.
If you’ve never opened a business before, the process can be overwhelming. Choosing to open a gym franchise is akin to using the business fast lane. Because the franchise has laid much of the groundwork for you, you’ll likely get where you want to be much more quickly.
It’s the 21st century, and you can find pretty much anything for sale online, including fitness businesses. Sites like BizBuySell.com and BizQuest.com are great ways to browse gyms for sale, compare prices, and gather options—all in one convenient location.
A real estate agent helps to simplify the process of buying a house. In much the same way, a business broker’s job is to aid people who want to buy a business.
Here is a list of places to buy a gym that will get you started on your search (all listing data is as of this writing):
Read More: How do you value a gym business?
If you’d rather not go through the hassle of starting your own gym from the ground up, there are many avenues available for buying an existing fitness business. Do your homework, get shopping, and soon that gym will be yours.