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Fitness Together spokeswoman Candice Hudson said the company finished 2012 with $59.7 million in revenue. Studios delivered more than 75,000 personal-training sessions per month, she said.

Fitness Together was booming when Jervik arrived, opening 344 studios from 2004 to 2008 and attracting big-earning customers who thought nothing of dropping $5,000, $10,000 or even $15,000 at a time ...