Loudoun County, VA
$595,000
Loudoun County, VA
$595,000
Portland, OR
$449,900
DuPage County, IL
$167,500
Cabarrus County, NC
$150,000
King County, WA
$60,000
Scottsdale, AZ
$199,000
New Port Richey, FL
$895,000
Naples, FL
$59,900
Union County, NJ
$1,699,000
Mercer County, NJ
$799,000
Brevard County, FL
$50,000
Asheville, NC
$99,900
Cobb County, GA
$200,000
$375,000
Collin County, TX
Winter Springs, FL
$155,000
Texas
$5,100,000
Dean Wiltse
Sunbelt Network of Utah
Serving Salt Lake County, UT
Sunbelt sells more privately owned businesses than any other business broker in the world. Our Sunbelt Network Utah office covers the entire state of Utah. Our managing Broker, Dean Wiltse, with a successful track record spanning over three decades in the business realm, Dean Wiltse is a highly experienced and versatile leader. His portfolio includes an extensive range of expertise from negotiating, steering turnarounds, guiding initial public offerings, and managing small to mid-cap mergers and acquisitions. His outstanding acumen in operational analysis, business planning, and preparing businesses for sale sets him apart in the industry. Mr. Wiltse's track record demonstrates a rare ability to handle businesses of all sizes, ranging from those with modest annual revenue below $100,000 to large enterprises generating over $100 million. In his earlier career, Mr. Wiltse distinguished himself by taking Greenfield Online (SRVY) public on NASDAQ. This marked a significant milestone by establishing the world's most extensive interrelation of global online consumer communities. As CEO, he propelled this tech startup into a globally recognized, publicly-traded consumer insight powerhouse. His tenure saw the establishment of the world's largest global E-commerce platform. Following the successful IPO, he spearheaded the acquisition of seven companies, including Ciao in Europe, acquired for $150 million. Greenfield Online was eventually bought by Microsoft for a substantial $480 million, incorporating Ciao into Bing to boost its global eCommerce technology, revenue, and consumer awareness. Through his leadership, Mr. Wiltse has materially impacted the financial status of numerous individuals and organizations. To date, over 10 founders and their families have become millionaires under his guidance, and his teams have generated over $780 million in market value for investors.
Rockford, IL
$175,000
Minneapolis, MN
$150,000
Utah
$165,000
Broward County, FL
$60,000
Iowa
Iowa
Sarasota County, FL
$299,000
Bel Air, MD
$395,000
$424,900
Union County, NC
Delray Beach, FL
$225,000
Charleston County, SC
$160,000
Merrimack County, NH
$175,000
Columbus, OH
$100,000
Centennial, CO
$99,000
Pinellas County, FL
$300,000
Jacksonville, FL
$30,000
Weston, FL
$395,000
Camden County, NJ
$2,000,000
Miami Beach, FL
$120,000
$1,300,000
Pensacola, FL
Nashville, TN
$575,000
Chicago, IL
$250,000
Sacramento, CA
$29,999
Santa Clara County, CA
$800,000
Virginia
Cash Flow: $230,000
Covington, LA
Cash Flow: $126,641
Broward County, FL
$200,000
REAL ESTATE INCLUDED
Kalispell, MT
$2,449,000
Tony Pompeo
Sunbelt of Greater Boston
Serving Suffolk County, MA
Sunbelt Business Brokers advises business owners on the process of confidentially selling their business or acquiring another business. We match sellers with the right qualified buyers and surround them with high level legal and financial advisors to guide the transaction.
Massachusetts
$1,185,000
Alexandria County, VA
$1,400,000
Columbus, OH
Essex County, NJ
$395,000
Montana
$164,900
Sarasota, FL
$400,000
Quakertown, PA
$160,000
Los Angeles, CA
$475,000
California
$850,000
Butler County, PA
$295,000
The gym and fitness industry, a vital segment of the broader health market, is dedicated to promoting physical activity and healthy lifestyles. From traditional weightlifting gyms to boutique fitness studios offering specialized classes, this industry provides a variety of services aimed at improving physical fitness, mental well-being, and overall health.
If you are in the market to buy or sell a gym or fitness business, it’s important to get a handle on expected financial performance and valuation metrics in this space. To help provide context, we have aggregated and analyzed listings data from gyms and fitness centers for sale to surface average financial metrics and business valuation multiples. This can help provide a baseline for evaluating businesses in this market.
Market Overview
Number of Businesses Analyzed |
446 |
Median Asking Price |
$300,000 |
Median Reported Revenue |
$387,335 |
Median Reported Earnings |
$100,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Gym and Fitness Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.48 |
2.18 |
Median |
0.75 |
2.83 |
Upper Quartile |
1.03 |
3.66 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Gym & Fitness Center Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a gym or fitness business?
Prices range depending on size and sales volume, but the median asking price for a gym or fitness business in the U.S. is approximately $300,000.
How much do gym or fitness business owners earn?
Fitness businesses vary in sales volume, but owners report median annual sales of $387,335 annual owner earnings of $100,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a gym or fitness business?
Valuing a fitness business involves considering several factors, including annual revenue, profit, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples in the fitness industry typically range from 0.48 to 1.03, with the median at 0.75. Earnings multiples range from 2.18 to 3.66, with the median at 2.83. These values suggest the average gym or fitness business in the U.S. may sell for around 0.75 times its annual revenue, and 2.83 times its annual owner’s earnings.
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