37 min
Don't Buy That Gym: Horror Stories, Red Flags and Real Tips Run a Profitable Gym
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- Entrepreneurship
When should you not buy a gym?In this episode of “Run a Profitable Gym,” host Mike Warkentin dives into this question with Nick Habich, Two-Brain mentor and owner of Shark Bite Fitness and Nutrition in Cape Coral, Florida. Nick has bought a couple of gyms and passed on several others, and he’s acquired a few horror stories along the way.Some of the red flags he’s learned to look out for include high expenses—such as a ridiculously costly lease—and mismatches between financial data in the gym’...
When should you not buy a gym?In this episode of “Run a Profitable Gym,” host Mike Warkentin dives into this question with Nick Habich, Two-Brain mentor and owner of Shark Bite Fitness and Nutrition in Cape Coral, Florida. Nick has bought a couple of gyms and passed on several others, and he’s acquired a few horror stories along the way.Some of the red flags he’s learned to look out for include high expenses—such as a ridiculously costly lease—and mismatches between financial data in the gym’...
37 min