211. Valuing your gym - why it’s probably worth nothing
06/07/22 • 27 min
How much is your gym worth? All gym owners have at least thought about the value of their business and most massively overvalue it. In fact, many studios are sadly worth nothing more than the equipment and fittings.
In this episode, host Jack Thomas talks about the different factors that affect the value of a gym and how to raise the value of your gym or studio.
PARTNERS SUPPORTING THE SHOW
ClassPassThe app for all things fitness, spa & beauty⮕ https://classpass.com/partners
Maya AgencyBranding, marketing and web development for fitness & wellness businesses⮕ https://maya.agency/
MyZoneIndustry-leading heart rate monitor and online social platform for gyms and studios⮕ https://www.myzone.org/
GlofoxInnovative and comprehensive fitness management software⮕ Glofox Website
SHOW RESOURCES
How much is your gym worth? All gym owners have at least thought about the value of their business and most massively overvalue it. In fact, many studios are sadly worth nothing more than the equipment and fittings.
In this episode, host Jack Thomas talks about the different factors that affect the value of a gym and how to raise the value of your gym or studio.
PARTNERS SUPPORTING THE SHOW
ClassPassThe app for all things fitness, spa & beauty⮕ https://classpass.com/partners
Maya AgencyBranding, marketing and web development for fitness & wellness businesses⮕ https://maya.agency/
MyZoneIndustry-leading heart rate monitor and online social platform for gyms and studios⮕ https://www.myzone.org/
GlofoxInnovative and comprehensive fitness management software⮕ Glofox Website
SHOW RESOURCES
Previous Episode
210. Michael Ramsey: From running the world’s busiest F45 location to founding Strong Pilates
Michael Ramsey ran the world’s busiest F45 studio with over 450 members and Saturday morning classes that hit 72 people! Michael sold his F45 studios to launch Strong Pilates, a concept that uses a pilates reformer and Concept 2 Rower hybrid.
Strong Pilates has 14 locations opened and 87 confirmed (and counting). It’s a great story of growth that he shares openly.
PARTNERS SUPPORTING THE SHOW
GlofoxInnovative and comprehensive fitness management software⮕ Glofox Website
ClassPassThe app for all things fitness, spa & beauty⮕ https://classpass.com/partners
MyZoneIndustry-leading heart rate monitor and online social platform for gyms and studios⮕ https://www.myzone.org/
Maya AgencyBranding, marketing and web development for fitness & wellness businesses⮕ https://maya.agency/
GUEST RESOURCES
SHOW RESOURCES
Next Episode
212. The Renaissance of Boutique Fitness (The Fit Summit)
After testing positive before the event, host Jack Thomas could not attend the Fit Summit. In this episode we cover the topics and points he would’ve spoken about on the panel.
Jack covers surviving the last two years, finances, franchises, technology and, to finish up, trends on the up and fads on the down over the next few years.
PARTNERS SUPPORTING THE SHOW
ClassPassThe app for all things fitness, spa & beauty⮕ https://classpass.com/partners
Maya AgencyBranding, marketing and web development for fitness & wellness businesses⮕ https://maya.agency/
MyZoneIndustry-leading heart rate monitor and online social platform for gyms and studios⮕ https://www.myzone.org/
GlofoxInnovative and comprehensive fitness management software⮕ Glofox Website
SHOW RESOURCES
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