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Gyms are risky. However, there has got to be at least some money in it for people that know how to run it and do it right. I have seen our local GOld's gym close a few years ago and reopen in a new location with a new owner.
There is actually a gym here that seems to be flourishing and with tons of members. It's not a large national chain, but it's got several locations in the surrounding 60-100 mi area. They seem to be doing very well.
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