Start-up costs
Legal, Accounting & professional services
Legal and Accounting $1,000
Consultants $2,500
TOTAL $3,500
Consultants $2,500
TOTAL $3,500
Advertising & Promotion
Facebook Ads $250
Google Ads $750
Pittsburgh Tribune Review Online Ad $free
Pittsburgh Tribune Review Paper Ad $100
South Fayette InCommunity Magazine $50
Billboard off of Route 79 $200
TOTAL $1,350
Google Ads $750
Pittsburgh Tribune Review Online Ad $free
Pittsburgh Tribune Review Paper Ad $100
South Fayette InCommunity Magazine $50
Billboard off of Route 79 $200
TOTAL $1,350
Deposits for utilities
Water $200
Trash Services $50
Electricity $450
Telephone $400
Gas $400
Sewege $200
TOTAL $1700
Trash Services $50
Electricity $450
Telephone $400
Gas $400
Sewege $200
TOTAL $1700
Licenses & Permits
Pittsburgh Business License - Fortunately, there is no fee to remit your Business Privilege License Application, also known as the New Business Registration Form. However, there is a tax that will be due. The first tax that will be due must be received within 40 days of the commencement of your business. The dollar amount that will be due is based on the gross receipts that were earned in the first 30 days of business operation. Every year thereafter, the Business Privilege Tax is due for the previous year on April 15th.
Prepaid insurance
Prepaid Insurance $3,200
TOTAL $3,200
TOTAL $3,200
Salary & Wages
Owner $25,000
Personal Trainers (Training) $1,000
Board of Directors $35,000
President of Marketing $20,000
President of Human Resources $20,000
Sales Director $15,000
Sales Representatives (Training) $2,000
Sanitary Workers $1,000
TOTAL $118,000
Personal Trainers (Training) $1,000
Board of Directors $35,000
President of Marketing $20,000
President of Human Resources $20,000
Sales Director $15,000
Sales Representatives (Training) $2,000
Sanitary Workers $1,000
TOTAL $118,000
Payroll Taxes
TOTAL $1,180
Truck & vehicle
Gasoline $2,000
Truck Lease $4,000
Insurance $5,000
Tolls $500
Tires $600
TOTAL $12,100
Truck Lease $4,000
Insurance $5,000
Tolls $500
Tires $600
TOTAL $12,100
travel
Airline $3000
Hotel $800
Meals $2000
Transportation $1000
TOTAL $6,800
Hotel $800
Meals $2000
Transportation $1000
TOTAL $6,800
tools & supplies
Member ID Scanner with Computer $2,000
Towels $1,000
Washing Machine and Dryer $2,000
Equipment repairs $3,000
TOTAL $8,000
Towels $1,000
Washing Machine and Dryer $2,000
Equipment repairs $3,000
TOTAL $8,000
Furniture & Fixtures
5 Executive Offices Fully Equipped $71,000
2 Conference Rooms Fully Equipped $15,000
6 Cubicles for Sales Directors Fully Equipped $24,000
Break Room Fully Equipped $8,000
Reception Desk $1,500
Benches $1,000
Lockers $5,000
TOTAL $125,500
2 Conference Rooms Fully Equipped $15,000
6 Cubicles for Sales Directors Fully Equipped $24,000
Break Room Fully Equipped $8,000
Reception Desk $1,500
Benches $1,000
Lockers $5,000
TOTAL $125,500
Machines & Equipment
2 Marcy Combo Smith Machines -$1500
10 SOLE F63 Treadmills - $10,000
5 SOLE E25 Elliptical - $5000
3 SOLE R92 Recumbent bikes - $3000
1 Body Solid Stack Home Gym - $3800
3 Body Solid Hex Dumbbell Sets - $3000
2 Body Solid Kettlebell Sets - $1000
1 Fitness Gear Pro Core bench - $13
1 Body Solid Decline bench - $765
2 Body Solid bumper sets - $2000
2 Adidas Olympic benches - $900
1 Body Solid EXM4000S Home gym - $6300
1 Body Solid Pro Clubline Dual Cable - $3000
1 Leverage horizontal leg press - $2300
1 Body Solid Leverage Shoulder Press - $1000
1 Body Solid Pro Clubline Leg Curl - $2130
2 Fitness Gear Olympic Weight Sets - $440
5 Stability Balls - $83
5 Yoga Mats - $60
Stairmaster Free Climber 4600cl W/ Blue Face - $3,900
Miscellaneous equipment or accessories - $5000
TOTAL $52,308
10 SOLE F63 Treadmills - $10,000
5 SOLE E25 Elliptical - $5000
3 SOLE R92 Recumbent bikes - $3000
1 Body Solid Stack Home Gym - $3800
3 Body Solid Hex Dumbbell Sets - $3000
2 Body Solid Kettlebell Sets - $1000
1 Fitness Gear Pro Core bench - $13
1 Body Solid Decline bench - $765
2 Body Solid bumper sets - $2000
2 Adidas Olympic benches - $900
1 Body Solid EXM4000S Home gym - $6300
1 Body Solid Pro Clubline Dual Cable - $3000
1 Leverage horizontal leg press - $2300
1 Body Solid Leverage Shoulder Press - $1000
1 Body Solid Pro Clubline Leg Curl - $2130
2 Fitness Gear Olympic Weight Sets - $440
5 Stability Balls - $83
5 Yoga Mats - $60
Stairmaster Free Climber 4600cl W/ Blue Face - $3,900
Miscellaneous equipment or accessories - $5000
TOTAL $52,308
Building Improvements
Painting $2,500
Mirrors $5,000
WiFi Routers $1,000
Office Remodeling $25,000
TOTAL $33,500
Mirrors $5,000
WiFi Routers $1,000
Office Remodeling $25,000
TOTAL $33,500
Land & building
TOTAL $15,000
Starting Inventory
TOTAL $15,000
Cash (working capital)
TOTAL $150,000
TOTAL
$547,138.00