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Listed by:

Transworld Business Advisors of Utah County

Upscale Private Fitness Training Studio With Loyal Clientele For Sale

Salt Lake County, Utah
Asking Price:
$200,000 Furniture / Fixtures included
Sales Revenue:
$220,000
Cash Flow:
$92,200

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.

Property information

Real Estate:

Lease

Leasehold Rent:

$18,000 per annum

Location:

Located in a upper middle class area along a main thoroughfare.

Premises Details:

This upscale private fitness training studio was opened in 2007 and the original owner still operates the facility at the same location with 1,200 square feet of space. It is part of a nationwide franchise that was founded in 1984 and currently has 550 locations.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Pursue new business opportunity.

Employees:
4
Years established:
12

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Owner will provide two weeks' training to the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will provide up to $35,000 in seller financing to a qualified buyer.

Furniture / Fixtures value:
$55,000 - included in the asking price

Contact Information

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