From Gym Owner to a $950K Exit: Daniel Meng’s Journey

In this episode, Billy Hofacker interviews Daniel Meng, a former gym owner who sold his gym for $900K ($950K with interest). Daniel shares his inspiring journey—from his days as a college baseball player to becoming a personal trainer for celebrities like Kenny Chesney and eventually running and selling a successful fitness business.

Topics covered:

• Transitioning from a private to a semi-private training facility
• Key strategies for gym owners at different stages: those starting out and those ready to sell
• The importance of systems, financials, and simplicity for a smooth exit
• What adds value to gym evaluations and what detracts from it
• How Daniel used a broker and tips for a seamless selling process
• The impact of surrounding yourself with the right people

Whether you’re planning to sell your gym someday or just want to optimize your business, this episode is packed with insights that can help you run a smarter and more profitable gym.

Links and Resources:

• Connect with Daniel Meng: daniel.meng@comcast.net
• Newsletter sign-up link

Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram!

Listen and grow!

Your Financial Coach,

Billy

P.S. If you or someone you know is looking for a plan to dial in their finances and achieve some financial freedom, book a short call with me here!

P.P.S. You can book a call at that same link if you are interested in getting your financials dialed in and efficient with bookkeeping.