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Allegheny County

  • Listing No.: 228-20463

  • Category: Fitness

Asking Price $275,000
Down Payment
Gross Revenue $145,155
Total Adjusted Net Income $18,023
Equipment / Fixtures $200,000
Year Established 1996
General Location Allegheny County
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Located in Allegheny County, this established, fully equipped private gym and fitness center provides group and private training, free weights, Olympic lifting equipment, a variety of cardio machines and tanning memberships. This is a great opportunity to own a turnkey operation that is profitable and has a large existing membership with room for new member growth.

Gross Revenue $145,155 Listed Price $275,000
Total Income $18,023 Down Payment
Base Rent $3,694 Square Feet 7388
Total Rent $4,477 Lease Expiration 12/2023
Rent Deposit Lease Options 1/5
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $200,000 Other Assets
Full-Time Employees Training Period 1 Month
Part-Time Employees Special License Required
Contract Staff Reason for Selling Looking to pursue other business ventures outside of health and fitness

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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