Friday, September 30, 2022

$6900 Gym for Sale on Craigslist

 









Entire gym worth of equipment, all in great shape. All or nothing, not willing to sell off individual sets just yet.

Everything pictured:

11 assorted barbells - I see Olympic bars, EZ curl bars, oversized grip strongman bars and standard bars - average $75 each

7 dumbell length bars - These all seem to be standard bars, $10/each

2 WRIGHT 55 lb. bumpers - Nothing fancy - $1/lb

circular rack for holding bars - Nothing fancy - $50

15 York solid round head dumbell set, 45 lbs to 100 lbs. - $1-$1.50/lb - Over $1000 - I spotted, 40, 40, 45, 50, 55, 55, 60, 70, 80, 85, 90, 100

16 loadable dumbells - With pancake weights, about 40# each

2 Parabody dumbell racks - Nice racks - $100 each

3 iron triangle plate racks - Nothing fancy - $50 each

22 Ivanko Olympic Machined Plate Set, 2.5 lbs. to 45 lbs. - (8) 45; (4) 35; (2) 25; (4) 10; (2) 5, (2) 2.5 = 605# at $1/lb (Actually was only 425#)

47 York cast iron plates, 7.5 lbs to 100 lbs. - looks like at least (8) 100 (4) 50 (8) 25... 1500# at $1/lb (actual 1480#)

15 ADER Kettlebell set, 20 lbs to 150 lbs - 62,70, 53, 53, 20, 106, 106, 80, 80, 124, 150, 100, 100, 100? - 1200# at $1/lb (Actual 1429#)

1 Kettlebell rack - $100

1 Parabody weight bench - $50

Without taking a look, I am seeing roughly $6500 in equipment at aftermarket prices, so the ask of $6900 is on the mark for the end retail user.  This stuff will not be easy to move and could sit for nearly a year.  To buy the whole lot, I would be at $4000.  I would keep the dumbbells, the Ivanko plates and a couple of the barbells and try to flip the rest at between 50 and 75 cents/pound to break even.

Honestly, just hauling 3 tons of gear sounds like a nightmare.

I did offer $1/lb for the York Dumbbells.  I am not expecting much, but I did want to establish contact.

The guy did get backed to me and is offering 1050# of Dumbbells for $3000.

Pair of 40's
Singles 45-95
Pair of 100's

All in good shape with straight handles.  He said he would probably take $2,000, but that is still pricey for me.  Honestly, I do not even want the 55-95 and the 100's I am only getting because they are rare.  He dropped the price on the whole shooting match to $5900.


UPDATE:  10/12/2022:  The listings have slowly disappeared from Facebook.

York Roundhead set is down to $1300 ($1.25/lb for 1050# USA stamped) - sold for $1200

Ivanko Plates and Iron Mind Buffalo Bar and Curl Bar sold for $825

(3) Thick Bars sold for $175

Kettlebells set sold for $1100 (1429#)

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York Weight Plates 1480 pounds is down to $1400 (includes adjustable dumbbells)
York cast iron weightlifting plates, dumbbells, barbells, racks - 1700 lbs!
700 lbs of weights, all standard size.
What's included:
* 1700 lbs of york cast iron, standard sized plates
* 2 triangle plate holding racks
* 1 white dumbbell holding rack
* 6 empty dumbbells with collars + 10 dumbbellss with collars that are pictured on rack with weights already
* 6 barbells with collars
* 1 circular base stand for dumbbells/barbells

Breakdown of plates as follows:
four 100s
five 75s
four 50s
four 20s
the rest are 2.5, 5, 7.5, & 10s
Pictured is 375 lbs on the dumbbells on rack, and 1355 lbs of plates on the 2 triangle racks

In summary, the seller had an impressive gym offered at a high retail of $6,900 and then $5,900.  Splitting up the items, the seller has realized $1200 + $250 + $825 + $1100 = $3,375 and should see about $800 for the standard plates.

My initial assessment was that a reseller would want to get the collection for $3,000-$3,500 and then hope to flip at $4,500.  As it turns out splitting up the items should realize $4,200 which is pretty good.  There may have been another $300-$500 out there if the seller had waited 6 months or more, but with winter coming and the secondary market being finicky, I think he is doing really well.

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