Gym for sale in PA (1471) | American Gym Trader
Full service 24/7 Fitness Center
(city not disclosed) | PA State | Allegheny County
*sold!*
*** sold! ***
Key metrics
Asking price: $399,000
Established: 2009
Gross income: $715,787
Cash flow: $107,429
Franchise: No
EBITDA:
Employees: 31
Square Feet: 13,000
Home Based: No
FFE: $180,000 (included)
Inventory: $1,500 (included)
Real estate:
Relocatable: No
Business description
Full service 24/7 fitness center in high traffic area near Pittsburgh. The gym is 13,000 sq. ft. and has a great reputation for providing quality programs and services. Over 1,800 dedicated members enjoy group classes, free weights, strength circuits, tanning, personal training, smoothie bar and very modern locker rooms. Outstanding like new equipment, books are in order, management and staff in place, strong social media sites. This is a very successful business that won't last long.
Growth
A new owner with fresh ideas and more hands on involvement could improve this business. Adding tiered membership pricing for premium classes and training.
Support
No cost for 2 weeks
Reason for selling
Pursuing a career in medical rehabilitation products
disclaimer
American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.
Contact Dave Didion
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Frequently Asked Questions
Important terms
- Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
-
EBITDA – Earning Before Interest Taxes
Depreciation and Amortization. This financial term is generally only
used with multi-million- dollar businesses.
Lean more >> -
FFE – This is the estimated value of the
Furniture, Fixtures and Equipment.
Lean more >> -
Inventory – This is the estimated value of
the retail products and merchandise.
Lean more >> - Cash Flow – Cash Flow is often also called
Sellers Discretionary Earnings or Owners Benefit. All debts on a
business are normally paid off at closing. Cash flow is the total of
net profit, owner’s salary, depreciation, amortization, interest, perks
and non-recurring expenses.
Lean more >>
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