Iron & Grace Pilates & Fitness Studio
Staying fit in body, mind, and business
Received a $60,000 EIDL loan and $6,000 grant.
When Alaya and Chad Sexton left their home state of Minnesota in search of a change in scenery and a more manageable pace of life, they left behind a highly successful fitness studio they had built from the ground up.
Attracted to Central Virginia’s Blue Ridge Mountains and mild climate, Alaya and Chad settled in Lynchburg where, as seasoned business owners, they set up Iron & Grace Fitness shortly after arriving in 2012. By the end of their first year, they outgrew their first Lynchburg location and had cultivated another loyal client base with their unique approach to functional training based in Pilates, TRX® suspension trainers, and kettlebells.
When the COVID-19 pandemic hit in early 2020, however, the Sextons’ business — like many in the fitness industry — was forced to adapt. Iron & Grace pivoted to virtual classes. As the pandemic dragged on, Alaya sought financial assistance through the CARES Act, which led to a meeting with the SBDC in Lynchburg.
While that initial meeting was to facilitate an Economic Injury Disaster Loan (EIDL) application for Iron & Grace, the resulting partnership evolved into one that is still thriving.
“It was so much more remarkable for us than we thought it would be,” Alaya says of her initial meeting with Jennifer Woofter’s team at the SBDC. “We connected with them to start the process for an EIDL grant, but they helped us ferret out a bunch of other parts of our business.”
Alaya and Chad took the SBDC’s guidance to heart and got back to the fundamentals of owning a business. As a result, she says, she regained a perspective and clarity for Iron & Grace that she had not experienced since the business’s early days as an upstart.
“My trajectory with this business was this: I was very on top of all of my metrics while it was growing. Then, once it stabilized, I didn’t set sales goals. I didn’t have a really great marketing plan. I was busy. I didn’t carve out the time to be as intimate with my business, once it hit a place where it felt stable and fine,” says Alaya. “I don’t know that we would have been able to feel as good about our business as we do now without a business coach like Jennifer.”
Now with their doors reopened, Iron & Grace is back to running at a strong pace, and the Sextons are back to doing what they love.
“Our ethos has always been to help people enjoy their bodies, enjoy their lives, and not let their bodies hold them back from things they want to achieve,” Alaya says. “That’s different for every individual.”
The same can be said for any business. Sometimes it just takes the right coach to get there.