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February
2005 Client of the Month
Suzann Holton
Slim and Tone - S&B Fitness LLC
Waterloo and Cedar Falls, IA
After 20 years
in high pressured corporate sales and marketing, Suzann Holton
wanted to do something different. "I had seven different
bosses and gave 200 percent in each job. I worked hard but decided
it was time to work hard for myself and my family." With
a passion for fitness and in helping others, Suzann explored the
possibility of purchasing a "Curves for Woman" fitness
center franchise. After finding that franchise was already taken
in the Cedar Valley, Suzann recognized that if there was more
than one place to buy a hamburger, then why couldn't there be
more than one fitness center for women?
Suzann then went online and searched for women fitness facilities.
In conducting her research, Suzann found a newer franchise called
Slim and Tone - Express Workout for Woman that offered a unique
niche. "I was impressed with their process in using adjustable
weight resistance machines and the start-up costs were reasonable."
Using her savings, Suzann opened Slim and Tone of Cedar Falls
in December of 2003. Within 14 months, the Cedar Falls operation
was recognized by Slim and Tone in 2004 as one their fastest growing
centers.
With that success, Suzann naturally looked toward Waterloo in
opening a potential second location. "I want to build the
business differently there by owning the building and offering
a larger floor plan with more amenities." Knowing the proposed
Waterloo location would involve more, Suzann worked with the UNI
Regional Business Center in developing an expansion plan. "They
kept me focused and gave me direction. They really helped me in
determining market potential to develop realistic numbers."
With those numbers, Suzann was able to craft a $500,000 expansion
plan securing funds through various partners including Black Hawk
Economic Development, the Iowa Department of Economic Development
(through the Targeted Small Business Program) and Community National
Bank - Cedar Valley.
In
March of 2005, Suzann will open Slim and Tone of Waterloo near
the intersection of Kimball Avenue and Brookeridge. As far as
future plans, Suzann will remain focused on her two operations
in the Cedar Valley. "I contribute my success to the fact
that I live here and meet and greet members on a daily basis."
In asking her how entrepreneurship changed her life, Suzann reacted,
"It has been spiritual and inspirational. Having a member
go down in dress size and providing a testimonial through word
of mouth is the ultimate way to market!"
Slim and Tone is open from 6 a.m.- 8 p.m. Monday through Thursday,
6 a.m. - 7 p.m. Friday, 8 a.m. - noon Saturday, and noon - 4 p.m.
Sunday. To learn more about Suzann Holton and her fitness center
for women, contact the UNI RBC-SBDC at 319-236-8123.
Suzann
Holton
Slim and Tone - S&B Fitness LLC
2520 Melrose Dr.
Cedar Falls, Iowa 50613
Phone: (319) 277-8663
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