Aug 9, 2023 | Business Valuation, Fitness Center, Valuation Multiples
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...
Jul 28, 2023 | Business Valuation, Fitness Center
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...
Mar 2, 2020 | Business Appraisal, Business Valuation, Fitness Center, Small Business, Value Drivers
Fitness is quickly becoming a part of everyone’s daily life. As such the fitness and wellness industry is experiencing rapid growth. If you own a fitness center, you may be in a great position to sell your business. The best time to sell is when cash flow is trending...
Feb 5, 2019 | Business Valuation, Fitness Center, Small Business
Bolstered by public health initiatives, the gym, health, and fitness club industry has grown tremendously over the past five years. With an average annualized growth rate of 2.6%, revenue has grown to $33.4 billion in 2018. Most of the growth has been attributed to an...
