I am currently considering selling my CrossFit gym. It has been running for 27 months.
The first 12 I made many mistakes however the last 12 have seen a massive change in the way it is run with 4 coaching staff including myself.
I'd like to sell because I have a new son 12 weeks old. I don't want to miss time with him and running the gym eats into your time.
Facts
102 members
Break even at 72 paying all staff
Average revenue £60 per member
We are growing approx 8 members a month.
If possible can someone point me in the direction where you would sell and also possible valuation as people have different formulas.
Any help would be appreciated
Selling my CrossFit gym.
The first 12 I made many mistakes however the last 12 have seen a massive change in the way it is run with 4 coaching staff including myself.
I'd like to sell because I have a new son 12 weeks old. I don't want to miss time with him and running the gym eats into your time.
Facts
102 members
Break even at 72 paying all staff
Average revenue £60 per member
We are growing approx 8 members a month.
If possible can someone point me in the direction where you would sell and also possible valuation as people have different formulas.
Any help would be appreciated
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