Pharos-Tribune

Business

July 13, 2014

Small Parts employee buys Ultimate Fitness

Logan's Landing accreditation renewed

Ultimate Fitness on Logansport’s west side is under new ownership.

Steve Raderstorf, an employee at Small Parts, took over the health club July 1. A lifelong Logansport resident, Raderstorf said he and fiancee Lisa Jasmantas planned to keep their current jobs while taking on the business.

Raderstorf found out former owner Steve Thompson was looking to retire and purchased the business and the building that also houses Phipps Chiropractic Center.

“So I’m going to make a go of it,” Raderstorf said. “I feel that in this day and age, everybody wants to be fit and likes to do that.”

Ultimate Fitness will be Raderstorf’s first entrepreneurial venture. Raderstorf and Jasmantas had been looking at buying a small business for about six years, he said, but had ruled out taking over a restaurant because of the high overhead costs.

“It’s just such a huge price to start out with,” Raderstorf explained. “It scared me to death to attempt something like that, starting out with such a big payment.”

He plans to grow the club from the approximately 130 monthly members it has now in order to bring back yoga and spin classes, he said. The health club previously offered those events, he explained, but “it kind of fell to the wayside” after the club moved from Eastgate Plaza out to its current location in late 2011.

The two employees at Ultimate Fitness under Thompson’s ownership continue to supervise the health club for Raderstorf, he said.

Hours remain at 8 a.m. to 8 p.m. Monday through Friday and 8 a.m. to 1 p.m. Saturdays, but may change once colder weather arrives, Raderstorf added.

“It may open earlier in the wintertime because you can’t get out and run and do all those things in the wintertime that you can in summer,” he said.

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