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Business to Buy
Utah County Independent Fitness & Wellness Studio
not disclosed, Utah
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.
Financials
Price: $195,000
Gross Income: $278,702
Cash Flow: $27,798
FFE: $145,366
Inventory: $0
Real Estate Value: $0
About the Business
Office Reference ID: #202213
Year Established: 2018
Financing:
Training: 80 ours
Facilities: approx. 5,500 sf
Competition:
Growth:
Business Listed By
Name: Colliers International Mergers & Acquisitions
Company: Colliers International Mergers & Acquisitions
