Utah County Independent Fitness & Wellness Studio

Not Disclosed, UT
Utah County

Asking Price: Annual Revenue:
$195,000 $278,702

Recreation: Gyms, Health & Fitness, Sports

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RE: Utah County Independent Fitness & Wellness Studio Broker: Elizabeth Bellit

Quick Facts

Asking Price: $195,000
Annual Revenue: $278,702
Net Profit: $27,798
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $145,366
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 73604931
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This independent health studio offers high-quality, affordable fitness services to its members. They offer private and semi-private personal training, and nutritional counseling, with a focus on wellness. The business derives most of its revenue from personal training, charging $45-60/hour, with most members buying a 48-session package. Employees include an administrative person as well as trainers who are all 1099 independent contractors.

The owner has made a significant investment -- over $145,000 -- in equipment and build-out for their 5,500 square foot space. There is also value in their concept, a unique combination of wellness, fitness, and nutrition. that makes this much more than just a gym. A new owner could combine this approach with other fitness concepts like CrossFit to increase their services and attract new members.

They have a strong social media presence and are located in one of the fastest-growing areas of the state. The current owner would like to stay on as a trainer, and would also sub-lease space for her non-competitive, synergistic project.

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Property Features and Assets:

Approximately 5,500 square feet.

Reason for Selling:

Focus on other business.

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 not a franchise resale opportunity.

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