How do I buy an existing gym or fitness business?

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Gyms and the fitness industry is worth $2.4 billion in Australia, according to IbisWorld. There has been a marked increase in certain types of gyms including the 24/7 models,  such as Anytime Fitness and PlusFitness as well as other models including F45 and crossfit. In order to buy an existing gym for sale you should register for alerts so you are notified when a new business is listed. You can then make contact with the seller and request more information. Usually the seller or broker will ask you to complete an NDA to ensure the confidentiality of the business. Buying a  gym or fitness business  requires professional advice during the process to ensure the due diligence is conducted properly.

Tags: gym

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