Gym / Fitness Business Discovery Questionnaire
In order for us to help identity a fitness business that is well-suited for both your personal and financial goals, please take a few moments to complete this questionnaire thoroughly.Since we represent facilities that range from personal training studios to big box gyms, identifying your unique interests, location preferences, investment capital and timeline to get started etc., are important considerations.Minimum Requirements:
$125,000 liquid capital available (cash, 401k, home equity etc.)
680 credit score

    Part: I Personal Data

    MrMrs.Ms

    What specific type of opportunity are you interested in?

    Single-Unit Owner

    Multi-Unit Owner

    Area Rep / Master

    Preferred State Location

    Enter preferred city(s) / metro area(s)

    *Are you a US Citizen?

    YesNo

    If no, please example your immigration status.

    If no, are you interested in investor visa options?

    Military Service?

    YesNo

    If yes, you may qualify for VetFran or funding assistance.

    What is your highest level of education (High School, University/ College Grad, Some College, BS, MBA etc. (if applicable)?

    When would you like to start the business?

    Immediately

    3-6 months

    1-3 months

    6+

    *How much in available liquid funds do you have to invest into your business (Liquid capital to invest)?

    < $50,000

    $50,000 - $100,000

    $100,000 - $150,000

    $150,000 - $200,000

    $200,000 - $250,000

    $250,000 - $300,000

    $300,000 - $400,000

    > $400,000

    Do you have recurring monthly income now?

    YesNo

    *What is your estimated net worth?

    Will you require assistance to source financing options?

    YesNo

    Are you willing to use Use IRA/401K funds to purchase the business (min. $50K in IRA/401K) ?

    YesNoMay be

    How is your credit?

    ExcellentGoodFair
    Poor

    Are there any issues or commitments that need to be addressed prior to you getting started?

    YesNo

    If yes, please explain

    Part II Business Experience

    Present / Most Recent Position

    Annual Earnings

    Are you looking to Replace or Enhance your income?

    Replace

    Enhance

    Not sure yet

    Previous Position

    Do you own your own business now or in the past?

    Replace

    Yes

    No

    Have you managed employees?

    Yes

    No

    If so, what kind and when?

    If yes, how many employees have you managed at the same time?

    Part III Business Operations

    Are you planning to be Hands-on or a Passive Owner?

    Hands-onSemi-PassiveAbsentee

    Do you plan to operate the business yourself?

    YesWith familyWith partner(s)

    How many hours a week are you looking to work in this new business?

    What is your motivation for looking into a new franchise / business opportunity. (security, tired of the corporate grind, family time, flexibility etc.) ?

    Have you considered starting your own business from scratch or have you decided you are more interested in working within a franchise system?

    Do you tend to be assertive or non-assertive in your undertakings?

    AssertiveNon-Assertive

    Would you characterize yourself as being extroverted or introverted?

    ExtrovertedIntroverted

    Are you task oriented or people oriented?

    TaskPeopleBoth

    Part IV Industries / Categories

    How long have you been looking into franchise opportunities?

    Just Started

    1-3 months

    3-6 months

    6+

    Are you currently working with any Agent, Broker or Franchise Consultant? If so, please share their name(s) or company.

    Are you presently looking into any other business or franchise opportunities?

    Have you ever reviewed any Franchise Disclosure Documents (which brands) ?

    Acknowledgement Statement


    It is understood that the purpose of this questionnaire is for information gathering only and is in no way a binding agreement to purchase upon the applicant, the franchise company / business seller, or its agents
    and representatives. I understand that there is no fee charged to me by We Sell Gyms (WSG), its agents or affiliates for consulting services provided to assist me in researching business and/or franchise
    opportunities. WSG is customarily paid a referral fee by the seller or franchisor upon the successful closing of a transaction. I acknowledge that there are business risks associated with the purchase and/or
    operations of any business or franchise venture and, that it is my responsibility to evaluate these risks myself and/or with the aid of my own professional advisors. I agree to hold WSG, its agents, officers, or
    affiliates harmless from any claims, losses, or demands related to or arising from the purchase of a business or franchise opportunity.

    True and Correct

    By selecting True and Correct, and submitting this questionnaire, you assert that the information contained is true and correct, and acknowledge that a Franchisor or business seller may reply on this information.