Buying into a gymnasium, what to look for?
June 13, 2014 1:51 PM Subscribe
Mr. Attackpanda teaches gymnastics and has been offered a job to become the head coach of a gymnasium and eventually become the owner of it. What should we ask of the current owner to make sure this is a good opportunity for us?
posted by Attackpanda to Work & Money (5 answers total)
Mr. Attackpanda has dreamed about opening his own gym for a while now and a good friend of ours wants my husband to coach for him and eventually buy the gym. What questions should we be asking to make sure this is a good financial move for us? What should we be researching about owning a business or gym?
We're both excited at this possibility, but I want us to be cautious. I've never been the owner of any business so I'm very clueless. Our friend tells us the gym is doing great financially, and we've been to see the gym and the students are happy and the gym is set up quite well so we're hopeful that this is good for us.