This text, a white paper by Jim Thomas, provides a comprehensive guide for independent gym owners and fitness entrepreneurs on preparing their gyms for sale and maximizing their value. It outlines a strategic roadmap focusing on key areas such as understanding the gym's worth, cleaning up financials, strengthening the membership base, improving the facility, documenting operations, optimizing marketing and branding, diversifying revenue streams, reviewing the lease, building an independent team, planning a smooth transition, and working with professionals. The paper emphasizes that starting early and being consistent with improvements is crucial for a successful sale at maximum value.
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