Mitch McGinley Discusses How To Buy Or Sell A Fitness Business

Mitch McGinley was this week's guest on Success Profiles Radio. He is the owner of Boutique Fitness Broker, and helped fitness business owners cash out of their businesses with a cumulative total of over $10 million in 2024 alone. He sold his own studio for 5x more than he paid for it, and shares his expertise on how to scale, sell, or transition out of their businesses at industry events. We discussed buying and selling businesses, how to know if the deal in front of you is a good one, different funding options, how to put yourself in a position to buy or sell a business, and why some businesses never sell. In addition, we talked about how to make your business more valuable, how to price your business to sell, being transparent with your employees about the upcoming sale of the business, his toughest deal and his favorite deal. You can subscribe and listen to the show on Apple Podcasts/iTunes. You can also listen at Success Profiles Radio | Live Internet Talk Radio | Best Shows Podcasts