Gyms and fitness businesses for sale

Gyms, personal training studios, CrossFit boxes and group fitness centres for sale in Denmark.

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Sitavo has just opened — the first gyms are on the way

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The members are the business

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Guides on the topic

Step-by-step knowledge that helps you make the right decision.

OverviewA gym lives on recurring memberships.Introduction

A gym lives on recurring memberships. Ask for the number of active members month by month, plus new sign-ups and cancellations, so you can see the churn. Look at how many members actually train: people who never turn up tend to cancel sooner or later. Review the membership terms: commitment period, notice, price increases and how payments are collected.

Payment agreements and the membership system have to move to the new owner. Find out how members will be told, and whether agreements can continue without every member signing up again. This is one of the points where a change of owner can cost members.

Equipment: owned or leasedMachines and weights are a large part of the investment.Guide

Machines and weights are a large part of the investment. Get a list of equipment with age and condition, and whether it is owned or leased. Leases usually need approval on a change of owner, and the outstanding balance affects the price. A gym with worn equipment often needs fresh investment soon after the takeover.

Price and premisesSitavo’s indicative range for the category is 1.5–3.5 times annual profit, cross-checked against 0.3–1 times revenue.Finance

Sitavo’s indicative range for the category is 1.5–3.5 times annual profit, cross-checked against 0.3–1 times revenue. A stable member base and low churn push the price up, while a short lease pulls it down. Gyms need large premises, so check the lease term, the rent and whether the landlord must approve a new tenant.

Before you make an offerMembership trend, sign-ups and cancellations over the last 12–24 months.Guide
  • Membership trend, sign-ups and cancellations over the last 12–24 months.
  • Membership terms and payment solution.
  • Equipment list with ownership, leasing and condition.
  • Agreements with instructors and personal trainers.
  • The lease, access control system and any municipal requirements for the premises.

Read the general advice on buying health and wellbeing businesses, and use the price estimate.

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