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MAXX · 01-12-2007, 01:14 PM

I am considering purchasing an existing facility and moving it to another location and replacing the equipment. I live in a town of about 12,000. We have a brand new YMCA and also 2 fitness centers--the one I am considering buying, and a 24 hour center. Both centers are relatively small, and there is not another facility closer than 45 minutes.

If I bought this center, I would own the building. Is it better to stay at this building even though the location is not good, or move to another location where I would have to remodel and lease?

I like the idea of owning a 24 hour center with keycard entry. What are the pros and cons? I don't think it would conflict with the existing 24 hour center, because I know a lot of people are unhappy that this place is not well maintained. In addition, I would add my services as a personal trainer, something that is not currently offered. I'm just wondering what the current clientele would think if I switched the center to 24 hours, or if it is going to cause me headaches.

Any advice or input is welcome...thanks!

01-12-2007, 01:14 PM	#11 (permalink)
MAXX Senior Member Join Date: Jan 2007 Location: Cambridge, Ohio Posts: 401 My Profile	I am considering purchasing an existing facility and moving it to another location and replacing the equipment. I live in a town of about 12,000. We have a brand new YMCA and also 2 fitness centers--the one I am considering buying, and a 24 hour center. Both centers are relatively small, and there is not another facility closer than 45 minutes. If I bought this center, I would own the building. Is it better to stay at this building even though the location is not good, or move to another location where I would have to remodel and lease? I like the idea of owning a 24 hour center with keycard entry. What are the pros and cons? I don't think it would conflict with the existing 24 hour center, because I know a lot of people are unhappy that this place is not well maintained. In addition, I would add my services as a personal trainer, something that is not currently offered. I'm just wondering what the current clientele would think if I switched the center to 24 hours, or if it is going to cause me headaches. Any advice or input is welcome...thanks!