Health Club Broker
CONTACT: Steve Paterson - Gym Appraiser
Sales@UsedGymEquipment.com
Gym Appraiser Launches A New Service That Gives The Fitness Business Operator A Low Cost FITNESS EQUIPMENT ASSET APPRAISAL. The First Service Of Its Kind.
LAKE FOREST, CA - JANUARY 1, 2000 – Gym Appraiser launches its new service Nationwide. Offering the Fitness Business owner valuable information to operate his/her business more profitably. For anyone SELLING A GYM, BUYING A GYM, NEEDING COLLATERAL FOR A BANK LOAN, BUYING ASSET INSURANCE, OR TRADING-IN THEIR CURRENT FITNESS EQUIPMENT TOWARDS NEW.
Steve Paterson, the company founder, has been in the used fitness equipment business for more than 15 years. In that time, has created the largest database of used equipment transactions. Both from the end user purchases as well as wholesale BlueBook values. This database is full of real business transactions that actually occurred. Giving the businessperson an accurate current market value to base decisions on.
Gym Appraiser is the first and only BlueBook database in the commercial fitness industry. The car industry has the Kelly BlueBook to give current market values but the fitness industry, up to this point, has had nothing.
Gym Appraiser gives asset valuation on ALL removable and reusable fitness center equipment. Including: All types of used fitness equipment. Lockers, weights and dumbbells, weightroom and aerobics flooring, audio visual and computer systems.
Gym Appraiser offers its appraisal services for only $389.00 per location and gives the customer 2 values. The first is the low BlueBook value or wholesale. This is the current market value if it was traded-in or sold to a broker or reseller. The second value is the current market value when sold to the next user (end user). This is the high BlueBook value. All values are guaranteed to be real current market values. Gym Appraiser offers to buy the equipment for the low BlueBook value or sell it at the high BlueBook value if the business operator ever needs to liquidate.
Finally there is a low cost solution to find out the "REAL" market value of fitness equipment inside a commercial fitness facility. Only $389 will get you an asset appraisal that includes all styles of exercise machines, rubber flooring, lockers, weights, and aerobic flex flooring. Don't make a bad business decision with mis-information. Get accurate "real world" asset valuation of your fitness business or one you are looking to buy.
All you need to do is take a thorough video walk through of your facility. No need to make an inventory list. Just put it on film and mail it to us and we will do the rest. This video gives us all the information we need to complete your appraisal.
Gym Appraiser uses a huge database with over 12,000 transactions accumulated over 10 years. This databank was accumulated from fitness business transactions that actually occurred. You want accurate information to make a smart business decision. Not an estimate that has no basis in real transactions.
The automobile industry has the Kelly Bluebook™ but the fitness industry has nothing to base fair market values on. So the only smart way to appraise real values is to look at actual transactions that occurred in the business world.
What will a Health Club Broker really pay for your equipment and what can you expect
to get if you sell it yourself?
Too many business owners lose money because they had inaccurate values on their appraised fitness equipment. If you buy a gym and the fitness equipment was valued at $75,000 and you go to sell the equipment to upgrade your gym and find out you can only get $25,000 for it... You lose $50,000 !
If you need collateral to get a loan to improve your gym and the bank tells you your equipment is only worth $20,000, then you find out that the fair market value is really $80,000. What's that worth to you ? When you need to trade-in your old equipment for new and your sales rep tells you it's only worth 10 cents on the dollar. An appraisal may show that a broker will give you 25 cents and if you sell it yourself, you can get 50 cents on the dollar. That can mean tens of thousands of dollars to your Health club business.
If you are buying insurance, you need to know the current market value for the equipment you have now. And you need to know the real replacement value in case of a catastrophe. Don't get caught short.
I Am Selling A Gym, What Exactly Do I Need ?
You need to get an accurate asset value on all your removable and reusable fitness equipment. Including flooring, lockers, exercise machines (all types). Weights and dumbbells.
I Am Buying A Gym, What Do I Need ?
You need to get an accurate value of the used fitness equipment in the gym you want to buy. So you won't pay more than it's worth. This appraisal will help you negotiate your best deal with the current owner. Healthclub Brokers love this service.
I Am Insuring A Gym, What Will I Need ?
You need an accurate value so you have enough insurance coverage; and not too much. You need to know what the replacement value really is based on real transactions. Insure your business properly. Fitness center and health club insurance.
If I Need Collateral For A Loan ?
You need to acquire a bank loan to grow your business. You want to use your fitness equipment as collateral to guarantee the loan. The bank will undervalue your fitness machines! They don't know what the current market value is. Lower value means you don't have as much collateral.
I Need To Trade-In Equipment, Will This Help Me?
When trading-in your current equipment, the manufacturer you’re buying from will not give you a fair wholesale value. And when you trade-in your equipment it's harder to cut a good deal. So make sure to get the maximum value for your trade-in. An asset appraisal will give you proof of it's real wholesale value.
What is High Blue Book Value?
The current market value of your used fitness equipment if you sold it directly to the next user.
What is Low Blue Book Value?
The current value of your used exercise equipment if you sell it to a broker or trade it in to the manufacturer.
Gym Appraiser is located in Southern California and appraises gyms anywhere in the USA. The company strives to give every business operator valuable asset information to help them run their business more profitably. Health Club Broker Steve Paterson can be reached by email at Sales@UsedGymEquipment.com
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