🌎 This week, Mateo sat down with Stu Brauer from WTF Gym Talk and the Gym Real Estate Company. Stu breaks down how he used gym cash flow to buy a 10,500 sq ft building with an SBA loan, filled the extra space with tenants to slash his monthly costs, and eventually sold the gym and leased the whole building. We also get into how to find the right location using customer data, why confusing zoning with building use is an expensive mistake, what lenders look for when underwriting a gym SBA loan, and why shopping for real estate before you're ready can quietly kill your reputation with listing agents.
P.S. If you like the show, then you'll love the Gym World newsletter. Every Friday, John Franklin breaks down the possibilities of making money in the fitness industry. Subscribe here, so you don't miss out.
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