Gym businesses lose 40% to 50% of their clients every year
Ron Cantowitz · Ron Kantowitz – Direct Lending's Evolution and Invesco's Edge (EP.457) · Jul 17, 2025 · at 42:40
Ron Kantowitz, Head of Private Debt at Invesco, discusses the unique operating risks and churn dynamics of investing in gym franchises.
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“The thing about gym businesses, on average, you lose 40 to 50% of your clients every year.”
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