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Fitness Center with Tanning Spa

Allegheny County, PA
Fitness Center with Tanning Spa
Asking Price : $ 155,000    
Cash Flow : N/A    

Gross Revenue : $ 125,000    
Inventory : N/A    
FF&E: $ 125,000    
Year Started: 1985    

Business Description

Are you looking for semi-passive income? This could be it. After over 25 years in business, one of the area's top fitness centers is now on the market! This is a full service gym and fitness center that includes weight training, fitness classes, and a tanning salon. They currently have about 1,000 members paying monthly subscription fees. A huge bonus is that 60% of members are insurance members, which is great because insurance pays for the memberships.

This gym has one of the best free weights, squat racks, and deadlift sections in the area. Their facility includes a 1,100 sq foot aerobics studio, 2 tanning beds, and a spray tanning area. They have an excellent website as well as a social media presence. A new owner could increase membership by increasing advertising efforts and approach local businesses about providing memberships for their employees as part of their wellness program. The current owner is looking to move but will help the new owner transition.

Detail Information

Location: Allegheny County, Pennsylvania

Inventory : Not Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Real Estate For Lease

Building SF : N/A

Rent : N/A

Lease Expiration : N/A

Year Established: 1985

Reason for Selling: Moving

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