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What Is A Low Blue Book Gym Equipment Value

When the gym appraiser puts a low blue book value on a gym business it is based on real current values that have sold.  It has nothing to do with a percentage of the new selling price.

The low blue book value is what a used fitness equipment broker will pay for it.  Haul it back to his business facility to be refurbished and resold to the next user.

This is about the same as a trade-in at the car dealership.  The real value is added after the fitness equipment is moved,  inventoried, refurbished and repaired like new.  And then marketed and advertised to find the next retail buyer.

This is the value a bank wants to see when a Gym owner is not making payments and will get shut down.  This is also the value a gym operator wants to see when he is buying brand new gym equipment and wants a trade-in value.

6 comments:

  1. He has to justify the waste of more money on the proposed new equipment.Fitness equipment,

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  3. This comment has been removed by the author.

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    1. Of course you should get weights and this means dumbbells and barbells - starting with dumbbells as the most important.

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  4. Someone asked me this question over the weekend and I must have really raised an eyebrow or something, because the person went on to

    Dr Oz Yacon Syrup say she really just wanted to have the BEST wedding possible and how do you go about getting it?Someone asked me this question over the weekend and I must have really raised an eyebrow or something,because the person went on to say she really just wanted to have the BEST wedding possible and how do you go about getting it?

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  5. When the gym appraiser puts a low blue book value on a gym business it is based on real current values that have sold. It has nothing to do with a percentage of the new selling price. Fitness Deals

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