Business For Sale

Growing Weight Loss Center w/Physician Oversight

Not Disclosed, UT
Utah County

Asking Price: Annual Revenue:
$125,000 $217,628

Recreation: Gyms, Health & Fitness, Sports

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RE: Growing Weight Loss Center w/Physician Oversight Broker: Art Warsoff

Quick Facts

Asking Price: $125,000
Annual Revenue: $217,628
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 336450336
Broker Reference #: 15541-985225

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Business Overview:

This business is an individualized weight loss franchise offering physician oversight. The franchisor provides full marketing and technical assistance, and nutritional supplies. This program is successful because of the focus on weekly visits where the client is individually counseled, offering a balance of education, appetite management and exercise activity to lose weight. This is a great opportunity to purchase an operational location with an established and growing customer base at a lower cost than opening a new franchise.

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Property Features and Assets:

The franchise has been in existence for 10 years with nearly 100 locations nationwide. This business opened in December 2016 with the current owner. The owner is a physician who currently spends 5-10 hours/week at the center as the medical director, providing management oversight, and occasionally performing client sessions. This center’s clients have successfully lost over 4,000 pounds since opening.

Market Competition and Expansion:

The most similar businesses are those that provide a doctor or nurse to oversee the clients’ weight loss program, as well as chiropractors that provide weight loss services. There are about a dozen other such facilities in the Salt Lake Valley. There are also Weight Watchers and Jenny Craig businesses in the area; however, they are not direct competitors, as there is not the medical component to those programs. If the new owner spends more time in the business, leverages the current marketing strategies, and works to increase clientele, this business will be highly successful. The current owner is willing to stay on part-time as the medical director with a new owner, if desired.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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