Understanding equipment value is essential for the success and sustainability of a gym. As a gym owner, gym buyer, or gym seller, you may encounter situations where you must obtain a gym equipment appraisal. Knowing when and why to seek an appraisal can impact your...
When buying, selling, or growing a fitness center, it is important to know how much the gym equipment is worth. This helps you make more informed choices in various situations. An equipment appraisal provides insights into the gym equipment’s value. In this...
Businesses in the fitness industry operate fitness and recreational sports facilities. Fitness centers or gyms can offer a variety of amenities such as weights, cardio machines, pools, saunas, hot tubs, etc… IBIS World notes that the fitness industry has struggled in...
Obtaining a gym equipment appraisal is crucial before engaging in any gym transaction. Whether you are buying a gym, selling a gym, or seeking financing reach out to Peak Business Valuation. We provide comprehensive and precise gym equipment appraisals. We determine...
Businesses in the gym and fitness industry operate fitness and sports facilities. These facilities feature exercise and other forms of physical fitness. This may include weights, cardio, swimming, skating, etc… An industry report on IBIS World notes that there are...
The fitness industry has struggled over the past several years due to social distancing regulations as well as intense competition. As a result, we have seen a decline in sales revenue and profit for many gyms across the United States. Moving forward, these effects...