If you have always dreamed of owning a fitness business there is no better time than now. Let me tell you why.
The market is performing very well. The economy is strong and banks are more willing to lend than ever before. In addition, there are two major changes this year that benefit both buyers and sellers:
For sellers, the newly lowered tax rate for pass-through corporations creates a much stronger return on their investment.
For buyers, the SBA has lowered the 25 percent equity down payment requirement to only 10 percent.
First-time Buyers
Perfect candidates for SBA loans should have credit scores of 720 or higher, education and real-life experience such as hiring, firing, marketing and a proven history of successfully running a fitness business.
If you have good business skills but not all of the above, you should consider a fitness franchise.
Why Buy a Fitness Franchise?
Many banks favor businesses with recognized brand names and proven records of success.
A fitness franchisor can provide:
- A Proven Business Model
- An Established Brand
- Training Programs
- Ongoing Operational Support
- Marketing Assistance
and more ….
This is the year for you to turn your passion into profits and join the $83 billion global fitness industry. Contact a fitness franchisor today. You’ll be glad you did.
David Didion is the president of American Gym Trader. For more information call 571-989-6375 or visit https://americangymtrader.com/.
