Sports, Gymnastics, Tennis, Swimming and Pilates Programs Fitness Centre
Off-MarketLogan, UT
Health Club Split Academy Operates A Preschool, Tumbling And Gymnastics Programs, Tennis And Swimming Programs, Personal Training, And Pilates Services Under One Umbrella
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$6,500,000
$1,970,000
30.3%
1996
Past Week
Customers
Business operates a preschool, tumbling and gymnastics programs, tennis and swimming programs, personal training, and Pilates services under one umbrella. The facility experiences consistent traffic from 5 AM to 1 PM and 4 PM to 10-11 PM, attracting diverse demographics including families, singles, and senior citizens
Customer Acquisition
Approximately 60% of members are on yearly agreements, and the remainder are on month-to-month subscriptions requiring 30 days' notice to cancel. Most customers come through referrals and word-of-mouth based on the club's 30-year reputation rather than active marketing campaigns. Normal annual marketing spend is $60,000 to $75,000, including sponsorships of local sports teams, digital advertising, and radio contracts.
Team
The facility employs approximately 275 people, with roughly 15 full-time staff and the remainder being part-time coaches, instructors, and front desk college students.
Owner's Role
The business is owned by three main partners, with the owner and another partner each holding 37%, plus several smaller equity holders (directors and managers with 20+ years of tenure). The owner is the managing partner and manages all operations.
Reason for Selling
The owner is looking for exit strategies. The owner is willing to stay on for one year or provide post-sale consulting if a buyer desires his involvement.
Contracts
Yearly agreements with members
Real Estate
Yes. The facility consists of nearly 9 acres across three parcels, including a 98,000 square-foot main building and a separate 35,000 square-foot indoor tennis building. The property includes six outdoor tennis courts and an outdoor pool with a splash pad.
When Are You Looking to Sell
Within the next 6-12 months
Licenses Required
The business holds a North Logan business license and is registered with Utah's Division of Consumer Protection as a fitness center
Additional Notes
The owner manages a 2.1-megawatt solar system installed on the building roof, which typically results in a $75 monthly power bill.
Business ID: 1951
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence