Ask a Lawyer: 3 Things to Consider When Buying or Selling a Gym

Thinking about buying a gym? While it's easy to get distracted by all the bells and whistles, you really need to ask three major questions first: 1. Is the space the gym is in leased or owned? 2. What are the assets and debts of the current business? 3. What contracts are currently in play and what exactly do they say? Gym Lawyers founder Matthew Becker takes you through these questions and explains how the answers can affect the sale of a business. Are there more legal issues that...

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Run a Profitable Gym is packed with business tools for gym owners and CrossFit affiliates. This is actionable, data-backed business advice for all gym owners, including those who own personal training studios, fitness franchises, and strength and conditioning gyms. Broke gym owner Chris Cooper turned a struggling gym into an asset, then built a multi-million-dollar mentoring company to help other fitness entrepreneurs do the same thing. Every week, Chris presents the top tactics for building a profitable gym, as well as real success stories from gym owners who have found incredible success through Two-Brain Business mentorship. Chris’s goal is to create millionaire gym owners. Subscribe to Run a Profitable Gym and you could be one of them.