: The owner is the primary engine (coaching, sales). You are essentially "buying a job".

: Audit the active, paying member count. Beware of "registered" lists that include uncancelled or non-paying members. Analyze the churn rate —the percentage of members leaving each month—to gauge long-term stability.

: Confirm if there are any outstanding equipment leases, loans, or legal liens that you will inherit. 3. Operational & Legal Assessment

: Review the last three to five years of federal tax returns and compare them directly against reported internal P&L statements.

The physical and contractual health of the gym is just as critical as its bank account. How to Buy a Gym: The Complete Step-by-Step Guide