Business For Sale

Upscale Private Fitness Training Studio

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$200,000 $220,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Upscale Private Fitness Training Studio Broker: Arthur Warsoff
Owner Financing is Available!
35000.00

Quick Facts

Asking Price: $200,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $92,200
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 258250336
Broker Reference #: 15541-54651

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Business Overview:

Individual and small group personalized training encompassing cardio, strength, nutrition and fitness assessments. This is a national franchise and represents the current trend in the fitness industry emphasizing smaller facilities that provide a much higher level of service.

As a resale opportunity, the buyer can acquire an existing studio for half the cost of a similar new facility. The owner will be pursuing a different aspect of fitness and is looking for someone with a personal training or fitness background who wants to up their game and take over this first class quality facility.

The franchise highly successful formula has four key features:
1. Exceptional personal training that combines enthusiasm, knowledge, care, personalization, accountability, and support
2. Fully equipped private workout suites for sessions that maximize your time by eliminating distractions, not waiting for equipment and avoiding intimidation
3. The perfect combination of aerobic exercise and strength training
4. A common sense nutrition program based on scientific truths that fuel positive changes and maximize results

Clientele are loyal, with typical tenure of 18 months or more. A large number of success stories are proof of the effectiveness of the system.

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Property Features and Assets:

This upscale private fitness training studio was opened in 2007 and the original owner still operates the facility at the same location. It is part of a nationwide franchise that was founded in 1984 and currently has 550 locations.

Market Competition and Expansion:

Competition comes from personal trainers operating independently or at larger fitness facilities. Some clients have come from other local fitness clubs. Most clients live within five miles of the studio. Potential Growth Results for 2018 are significantly higher than in prior years as the owner improved the business model focusing on higher revenue per client. Further growth will result from additional clients acquired by marketing, referrals, re-engagement of the established client base, and outreach to the 400 prior clients on the house list. The owner now does limited training and is assisted by a manager and two part-time trainers covering both the early morning and evening classes. Growth can be easily accommodated by having two simultaneous trainings.

Reason for Selling:

Pursue new business opportunity

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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