Fitness Center Feasibility Study in the Allentown-Bethlehem-Easton, PA-NJ Metro Area

Fitness across two states

Two ranks frame Allentown-Bethlehem-Easton: 4 of 39 for fitness center among Allentown-Bethlehem-Easton's classes, and 71 of 608 for Allentown-Bethlehem-Easton itself. 31 approvals, worth $16.3 million in all, fall in FY2017 to FY2026, and Lehigh County, PA supplies 15 of them. Allentown-Bethlehem-Easton carries a location quotient of 1.23x: fitness center loans claim a larger share there than nationally.

Median loan size is $215,000; beside the national figure for fitness centers that is 0.83x, and a middle band reaches from $125,000 up to $680,000. The franchise share of loans is 45.2%. The page omits the way these loans divide between 7(a) and 504 in Allentown-Bethlehem-Easton in Allentown-Bethlehem-Easton. For Allentown-Bethlehem-Easton, the figures cover SBA-recorded fitness center loans, and a project in Allentown-Bethlehem-Easton should rest on its own evidence before any ratio in Allentown-Bethlehem-Easton.

Years with and without loans

Four years are shown: FY2019 with 9 loans and $2.4 million, FY2021 and FY2023 with no loans and $0 each, and FY2024 with 5 loans and $3.4 million. Two empty years among four printed ones show an uneven pattern, and since all of them are complete fiscal years the zeros are real counts. No lender is listed for this cell. We hold back Allentown-Bethlehem-Easton's both loss-side rates since the Allentown-Bethlehem-Easton FY2017 to FY2021 set of loans contains beneath 30 loans, under our own line for Allentown-Bethlehem-Easton. A missing rate in Allentown-Bethlehem-Easton is never a zero.

A proposal for a gym or studio should be sized beside a median in the low six figures and a band whose upper edge is far above the lower. Because Allentown-Bethlehem-Easton spans Pennsylvania and New Jersey, a borrower should confirm which counties the examples come from before relying on them. Lehigh County supplies 15 of the 31 loans; the rest lie beyond it.

What a study in Allentown-Bethlehem-Easton must prove

A fitness plan around Allentown should examine the member base the location can bring in, the spend on equipment and buildout beside a loan near $215,000, and the revenue that carries rent or ownership. Payment cover should be shown with memberships building slowly and, where a franchise applies, with its fee. The lease should outrun the loan. The federal delineation draws Allentown-Bethlehem-Easton; so loans from counties Allentown-Bethlehem-Easton cannot place are left out of the totals.