Utah County Independent Fitness & Wellness Studio

  • List Price: $195,000
  • Sales: $278,702
  • Adjusted Income: $27,798
  • Down Payment: NA
  • FFE Values: 145000
  • Inventory: NA
  • R.E. Value: NA
  • Location: Utah
  • Category: Health / Medical

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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