CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2022

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Orbit4: What’s the first thing you think about when selling gym equipment?
29 May 2022 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Product news

Company advertorial
What’s the first thing you think about when selling gym equipment?

Supplier: Orbit4
More Orbit4 details


What’s the first thing you think about when selling gym equipment?

photo: Shutterstock image 1028106646
According to our poll, the first thing 80 per cent of operators and gym owners think about when it’s time to sell gym equipment is how much your equipment is worth. But really we should already know exactly how much our assets are worth and when’s the best time to sell them.

This can be done easily by using the industry’s favourite secret weapon – Orbit4. It’s a money-saving platform, similar to smart energy-saving websites but instead focuses on gym equipment/servicing/buying/selling.

So, why are gym operators so excited about this platform?

Orbit4 digital tech leader Daniel Jones explained: “Orbit4 is an amazing present to the industry and a genuine win-win for any company involved in the fitness industry. It allows gym operators to go digital when it comes to purchasing, financing, maintaining and disposing of fitness equipment.

“More importantly, the sooner operators use the platform, the sooner they can start to understand the true cost of ownership of their assets”.

What if we told you, you could get a free valuation just by signing up as a seller in WeBuyGymEquipment (WBGE)? Sounds too good to be true, but it’s not!

The only people who will tell you not to compare prices are the people taking you for a ride. We know times have been tough and gym owners need to make as much profit from selling their used gym equipment as possible so, here are our top selling tips…

1. Find out how much your used gym kit is really worth. Auction platform WBGE is used by many leading gym operators, not just to sell equipment but to get early-stage valuations so they know what equity is left in their assets to act as a deposit for the next equipment purchase.

2. Don’t sell as individual items, but as a job lot. Selling used gym items off individually is a huge mistake. Time-wise alone it will be like taking on a second job. Arranging collection and payments is a painfully time consuming and complicated process. It’s safe to say you’ll end up losing big overall.

3. How much is your time worth?. Selling second-hand commercial gym equipment piece by piece is both time consuming and hard work. On paper, it might look like you’ll make more for the high-value items, but you’ll likely be left with a lot of undesirable equipment which you’ll not know what to do with.

4. Don’t end up getting sued in a costly legal battle. It’s a big risk letting consumers and multiple uninsured people take heavy commercial equipment from your club. If someone gets hurt, even at home, they’ll hold you legally liable for any damages. Traders on WBGE must be fully insured so you don’t have to even think about it.

5. Don’t sell off your best pieces of kit and be left with the less attractive items gathering dust or going to the dump. In most cases, it will cost you more to have your unsold items removed and taken away than the real value of the equipment.

6. Get paid before your gym equipment even leaves the building. Guaranteed payment before extraction is worth its weight in gold. Go with a company that gets you the cash right now, when you need it. No messing around chasing or losing money.

7. Read reviews before you deal with anyone.

8. Be honest about the state of what you’re selling to avoid delays and confrontation later. The more tests you do and the more photos you take, the more confident you can feel about getting the right money.

9. Get it done fast. You don’t want to run out of time trying to sell items or waiting for people to turn up and collect. In a worst-case scenario, you could end up having your items repossessed by the landowner if your tenancy is up.

Jo Weelen, WBGE UK/EU sales manager, said: “Over the last seven years, our platform has collated accurate residual values of over 2,500 commercial gym equipment assets. In turn, we can offer speedy valuations of gym operators' assets.

“Alternatively, register on our platform and upload your equipment via our easy three-step process. Within three days, you’ve hit our 60+ traders in one swoop and secured the best buyback price under no obligation.”

Contact us for more information at [email protected].


Supplier: Orbit4



Web: https://orbit4.org/
More Orbit4 details

Product news
Phytomer’s Oligo 6 serum is like the sea in a bottle, says Mathilde Gédouin-Lagarde   27 May 2022

Phytomer’s Oligo 6 serum is like the sea in a bottle, says Mathilde Gédouin-Lagarde

Oligo 6 is Phytomer’s first ultra-vitamin marine formula – offering a boost of vitamins, minerals and trace elements the serum is designed to help re-energise tired skin and promote a healthy radiance for all skin types.

Mosaïque Surface introduces elegant Gem Glass range   25 May 2022

Mosaïque Surface introduces elegant Gem Glass range

North American mosaic manufacturer, Mosaïque Surface, has announced the release of its new Gem Glass collection.

Mother nature inspires J Grabner’s new embossed sauna panelling   23 May 2022

Mother nature inspires J Grabner’s new embossed sauna panelling

Intricate textures found in nature have inspired J Grabner’s new 3D embossed Saunaboard Arte range.

Customise a bespoke SnowRoom with TechnoAlpin’s new design simulator   20 May 2022

Customise a bespoke SnowRoom with TechnoAlpin’s new design simulator

Italian SnowRoom specialist TechnoAlpin has developed a new interactive tool to help clients virtually simulate and design their own SnowRoom before committing to purchase.

REM UK unveils Legacy Spa Couch and adopts new strategies to fight climate change   18 May 2022

REM UK unveils Legacy Spa Couch and adopts new strategies to fight climate change

The Legacy Spa Couch is the latest massage bed created by spa and salon equipment supplier REM UK.

Lion Stone Art crafts statement natural stone designs to enhance wellness environments   16 May 2022

Lion Stone Art crafts statement natural stone designs to enhance wellness environments

Turkey-based Lion Stone Art is producing luxury natural stone design pieces to create aesthetic spaces in spas, wellness facilities, gyms, hotels and private residences.

Oss Fitness wins tender for three sports centres in Burgos, Spain
  13 May 2022

Oss Fitness wins tender for three sports centres in Burgos, Spain

Oss Fitness has won a public tender to provide new fitness equipment from Core Health & Fitness to three sports centres in the City of Burgos in Spain.

Zelens launches professional treatments for spas and clinics
  13 May 2022

Zelens launches professional treatments for spas and clinics

Science-led skincare brand Zelens has entered the spa market with a set of four new professional treatments.

Company profile


Magicline GmbH

or over 30 years, Magicline has been driving the digitalization of the fitness industry with innovative, state-of-the-art software solutions.

View full profile>>

Catalogue gallery


Featured Supplier

Fitness industry to gather at Sibec Europe-UK in Portugal this September

Fitness industry to gather at Sibec Europe-UK in Portugal this September

Questex’s iconic event Sibec Europe-UK – known as Europe’s leading hosted buyer event for the fitness industry – will take place from 27-30 September at the Anantara Vilamoura Algarve Resort, in Portugal. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



Latest jobs

Jobs Search



Deputy General Manager
Salary: £35,000 + excellent benefits
Location: Canaston Bridge, Narberth SA67 8DE, UK
Company: Oakwood Theme Park
Recreation Assistant
Salary: £22,000pa
Location: Hammersmith, London, UK
Company: Latymer Upper School
Operations Assistant (NPLQ required)
Salary: Competitive
Location: Whitby
Company: Everyone Active
Diary dates
Powered by leisurediary.com




02 Jun 2022

Forum HOTel&SPA

Four Seasons Hotel George V, Paris, France


02-05 Jun 2022

Rimini Wellness

Rimini Exhibition Center, Rimini, Italy



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Social good: Spice of life
Oomph! founder Ben Allen is bringing variety to residential homes More>>
  Tourism: Right to roam
Sweden is inviting everyone to come and stay – and indulge in a spot of wild camping. Jenny Kaiser from VisitSweden talks about the initiative More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Last word: Nature’s bounty
FairWild is setting standards in the harvesting of wild ingredients More>>
  Disruption: Rule breakers
Leisure architecture that’s pushing boundaries and upturning expectations More>>


Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd