{"id":12297,"date":"2016-03-14T12:35:52","date_gmt":"2016-03-14T12:35:52","guid":{"rendered":"https:\/\/www.rantamari.com\/success-stories-copy\/"},"modified":"2016-03-16T08:31:25","modified_gmt":"2016-03-16T08:31:25","slug":"sell-or-buy-a-fitness-club","status":"publish","type":"page","link":"https:\/\/www.rantamari.com\/en\/sell-or-buy-a-fitness-club\/","title":{"rendered":"Willing to Sell or Buy a Fitness Club?"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-fullwidth-1  fusion-parallax-none nonhundred-percent-fullwidth\" style=\"border-color:#eae9e9;border-bottom-width: 0px;border-top-width: 0px;border-bottom-style: solid;border-top-style: solid;padding-bottom:20px;padding-top:20px;padding-left:0px;padding-right:0px;\"><style type=\"text\/css\" scoped=\"scoped\">.fusion-fullwidth-1 {\n                            padding-left: 0px !important;\n                            padding-right: 0px !important;\n                        }<\/style><div class=\"fusion-row\"><h2>Find the best Deal for you<\/h2>\n<p>In order to be on the safe side and assure a fair and transparent deal, it is highly recommended to ask for a Business Assessment and Business Valuation Report regarding the sale or acquisition you would intend to do.<\/p>\n<h3>If you intend to sell a business, here are some main highlights:<\/h3>\n<ul>\n<li>Your business is already well known.<\/li>\n<li>You have a list of customers and a wide mailing list that has been set up during the time.<\/li>\n<li>There are expected future income and cash flow.<\/li>\n<li>The Club contains fitness equipment and technological facilities.<\/li>\n<li>There is a certain degree of certainty regarding past and present activities.<\/li>\n<li>The club enjoys a healthy local reputation.<\/li>\n<li><strong>How much is it worth?<\/strong><\/li>\n<\/ul>\n<h3>If you intend to buy a business, here are some main highlights:<\/h3>\n<ul>\n<li>Can I make a profit out of this Club?<\/li>\n<li>What about local competition?<\/li>\n<li>What is the actual state of the building and facilities?<\/li>\n<li>Is the expenses format of this Fitness Club actually real? Will it cost me more?<\/li>\n<li>How much would I have to invest in the Club beyond acquisition price?<\/li>\n<li>Can I introduce some improvements?<\/li>\n<li>How long will it take me to recover my investment?<\/li>\n<li><strong>Is it worthwhile buying this business? And what should be the appropriate price?<\/strong><\/li>\n<\/ul>\n<h3>The Business Assessment and Business Valuation Report includes:<\/h3>\n<ol>\n<li>Performance Analysis regarding marketing, services, customers retention, financial input of any business units.<\/li>\n<li>Financial parameters and potential growth of income.<\/li>\n<li>Required investments<\/li>\n<li>Financial Plan and Budget for 5 years<\/li>\n<li>Value of the business according to success parameters within the Fitness Industry.<\/li>\n<\/ol>\n<p>Some Important Tips:<\/p>\n<h3><strong>If you wish to sell:<\/strong><\/h3>\n<ol>\n<li>Sometimes even a losing proposition could be a good opportunity to the buyer.<\/li>\n<li>Often, an old business enjoys a higher degree of business certainty than a brand new business.<\/li>\n<li>A high profit making business is worth more money than actually mentioned in its accounts. Risk Reduction has a price.<\/li>\n<\/ol>\n<h3><strong>For the Buyer:<\/strong><\/h3>\n<ol>\n<li>Very often, a business is worth being bought in two situations:\n<ol type=\"a\">\n<li>When it is mismanaged and potential remains unfulfilled<\/li>\n<li>When very profitable and perfectly managed.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p>* A business which is run in a satisfactory way and with an average profit margin is not a platform for significant improvement.<\/p>\n<ul>\n<li>Never approach a business refusing to show you all the data you need (when the business owner has something to hide, it&#8217;s a red light for the potential buyer).<\/li>\n<li>Don&#8217;t get impressed from explanations nor rely on any opinion. Check data and decide according to real facts.<\/li>\n<li>Never suppose that the seller has mismanaged the business and that you will do much better certainly and easily. It\u2019s a first step to failure.<\/li>\n<\/ul>\n<div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"border-color:#e0dede;margin-left: auto;margin-right: auto;margin-top:32px;\"><\/div><\/div><\/div><div class=\"fusion-one-full fusion-layout-column fusion-column-last fusion-spacing-yes\" style=\"margin-top:0px;margin-bottom:20px;\"><div class=\"fusion-column-wrapper\" style=\"background-color:#bf1e2e;border:0px solid #bf1e2e;padding:35px 20px 0px 20px;\"><p style=\"text-align: center;\">\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f11749-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/en\/wp-json\/wp\/v2\/pages\/12297#wpcf7-f11749-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"11749\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.8.1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f11749-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/div>\n<h2 style=\"text-align: center;\"><span style=\"color: #ffffff;\">Kindly write full details and I will get back to you as soon as possible<\/span>\n<\/h2>\n<p><span class=\"wpcf7-form-control-wrap\" data-name=\"fullname\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" placeholder=\"Full name\" value=\"\" type=\"text\" name=\"fullname\" \/><\/span>\n<\/p>\n<p><span class=\"wpcf7-form-control-wrap\" data-name=\"phonenumber\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" placeholder=\"Phone number\" value=\"\" type=\"text\" name=\"phonenumber\" \/><\/span>\n<\/p>\n<p><span class=\"wpcf7-form-control-wrap\" data-name=\"email\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-email wpcf7-text wpcf7-validates-as-email\" aria-invalid=\"false\" placeholder=\"E-mail\" value=\"\" type=\"email\" name=\"email\" \/><\/span>\n<\/p>\n<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Send\" \/>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n<\/p>\n<\/div><\/div><div class=\"fusion-clearfix\"><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-12297","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Willing to Sell or Buy a Fitness Club? 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