One Path to $1M Net Worth? Buying Your Gym's Building

Many paths lead to millionaire net worth as a gym owner, and one of them involves buying your gym’s building.

In this episode of “Run a Profitable Gym,” host John Franklin sits down with Brian Strump, a chiropractor and the owner of Live Active Charlotte, who recently bought his gym’s building for $1.8 million.

The pair get into the details of the huge purchase and discuss the benefits of owning your building—some might surprise you!

Whether you’re ready to buy now or considering real estate as an option in the future, John and Brian share tips to get you moving toward your goal.

To find out how a dozen other gym owners became millionaires, check out Chris Cooper's latest book, “Millionaire Gym Owner,” available via the link below.

Links

"Millionaire Gym Owner"

Gym Owners United

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1:04 - Brian and the CrossFit Forum

9:09 - Brian’s team

17:53 - Brian's building

26:28 - Advice for first-time building owners

39:22 - When is someone ready?