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Archives

June 2016

7 Tips on How to Buy a Fitness Club or Business

7 Tips on How to Buy a Fitness Club or Business Finding a great fitness club or business to buy is a lot hard work. Most buyers review dozens of deals each month, and many buyers will evaluate hundreds of…

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Genesis Health Clubs Acquires 19 clubs from 24 Hour Fitness

Genesis Health Clubs

On June 15, 2016 Genesis Health Clubs acquired 19 clubs from 24 Hour Fitness for an undisclosed amount. With these additions, Genesis is now one of the largest health club companies in the Midwest.  Included in the transaction with 24 Hour Fitness, were…

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Gold’s Gym Acquires Six 24 Hour Fitness Locations

Gold’s Gym Acquires Six 24 Hour Fitness Locations in St. Louis and Oklahoma City Gold’s Gym  has agreed to acquire all of the 24 Hour Fitness locations in the St. Louis and Oklahoma City metro areas. As part of the…

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Johnson Health Tech Acquires Leisure Fitness

Leisure Fitness

Johnson Health Tech Acquires Leisure Fitness Johnson Health Tech (JHT) announced that it will purchase Leisure Fitness, a Newark, Delaware-based specialty fitness retailer with 27 stores, primarily on the Eastern coast. JHT is one of the world’s largest fitness equipment manufacturers and…

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Health Clubs See 5.3% Growth in Revenue from 2013 to 2014

Health Clubs See 5.3% Growth in Revenue from 2013 to 2014 According to the recently published 2015 IHRSA Profiles of Success report, the health & fitness club segment posted revenue growth of 5.3% from 2013 to 2014.  6 Fitness-only clubs reported median…

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