By: David Didion, President of American Gym Trader
2018 is the Best Year to Buy a Fitness Franchise
If you have always dreamed of owning a fitness business, there is no better time than now! Let me tell you why.
Despite all the drama for the Trump administration, the market is performing very well with the Dow Jones surpassing 25,000. The economy is strong and banks are more willing to lend.
Two Major Changes This Year 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% equity down payment requirement to only 10%.
First Time Buyers
Perfect candidates for SBA loans should have credit scores of 720 or higher, education and real-life experience. This experience hopefully will consist of hiring, 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 buying 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 much more!
This is the year for you to turn your passion into profits and join the $83 billion global fitness industry. Contact American Gym Trader or a Fitness Franchisor today. You’ll be glad you did.