What It’s Worth: Valuing Fitness Centers, Health Clubs, and Gyms
February 2023 PDF (146 pages)
BVR (editor)
Business Valuation Resources, LLC
Valuing fitness centers, health clubs and gyms can provide a serious workout for even the best conditioned veterans of the business valuation field. Make sure you're up to date with all the latest considerations and industry-specific challenges, with this must-read financial fitness report.
- Gain an increased understanding of the fitness industry and learn more about key sources of industry specific information.
- Grasp how firms make money and identify industry forces that impact their operations.
- Keep up with changes in consumer behavior, the lingering impact of the pandemic, and market forces that have changed the industry landscape.
- Reference key benchmarks from DealStats and important Rules of Thumb from the Business Reference Guide and unique industry data from Vertical IQ, along with expert analysis of it all.
- Includes a detailed case study by a leading valuation expert who walks you through the valuation of a growing chain of fitness centers. The valuation was successfully used in litigation.
INTRODUCTION
SECTION I: INDUSTRY OVERVIEW
- FITNESS CENTER INDUSTRY STRUCTURE AND HOW FIRMS OPERATE
- MACRO DRIVERS OF PROFIT IN THE FITNESS CENTER INDUSTRY
- ASSESSING THE RISKS INHERENT IN THE FITNESS CENTER INDUSTRY
- QUESTIONS TO ASK MANAGEMENT: OPERATIONS AND RISKS
SECTION II: CURRENT TRENDS AND FORECAST
5. OVERALL TRENDS IMPACTING THE FITNESS CENTER INDUSTRY
6. RECENT DEVELOPMENTS IMPACTING FITNESS CENTERS
7. CASH-FLOW CONSIDERATIONS SPECIFIC TO THE FITNESS CENTER
INDUSTRY
8. FORECAST FOR THE U.S. FITNESS CENTER INDUSTRY
9. QUESTIONS TO ASK MANAGEMENT: RECENT TRENDS AND CASH FLOW
SECTION III: FITNESS CLUB VALUATION CASE STUDY
10. CASE STUDY: SETTING THE STAGE
11. CASE STUDY: FORECASTING
12. CASE STUDY: DCF, COST OF CAPITAL, DISCOUNTS, AND FINAL VALUE
SECTION IV: ANALYSES OF KEY COURT CASES
13. ANALYSES OF KEY COURT CASES IN FITNESS CENTER VALUATION
3925928 Manitoba Ltd., et al. v. 101029530 Saskatchewan Ltd., et al.
Beverly Hills Concepts v. Schatz & Schatz (I)
Beverly Hills Concepts v. Schatz & Schatz (II)
In re Body Transit
Freestyle Martial Arts Corp. v. Soco
Lacoste v. Lacoste
Life Time, Inc. v. Zurich Am. Ins. Co.
Pure Power Boot Camp v. Warrior Fitness Boot Camp
Schuetzle v. Lineberger
Verghetta v. Lawlor
In re Yellowstone Mountain Club, LLC
14. SUMMARY VALUATION DATA AND MULTIPLES FROM DEALSTATS
15. RATIOS AND FINANCIAL BENCHMARKS
16. RULES OF THUMB FROM THE BUSINESS REFERENCE GUIDE
17. FITNESS INDUSTRY RESEARCH AND RESOURCES