Tennis Facility & Academy

Charlotte, NC (Mecklenburg County)

Tennis Facility & Academy
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Asking Price: Get Financing: $200,000

Cash Flow: $108,074

Gross Revenue: $289,501

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $900,000*

Established: 1989

*not included in asking price.

Tennis Facility & Academy

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Business Description

When the owners started this business in 1989, they saw an opportunity to provide quality tennis instruction to clients ranging from beginners to more advanced players. Over the years, they have developed an excellent reputation and worked with beginners, juniors, more advanced/competitive junior players in a variety of clinics, private lesson and competitive coaching. Over 30 kids have gone on to play college tennis after training with this business, further cementing their reputation as an excellent teacher of advanced juniors. In addition, they consistently work with adults that are looking to enhance their existing skills or help those newer to the game. The culture has been developed around being fun, yet organized so that their clients can work hard and enjoy the experience while getting better at the game of tennis.

The result is a profitable tennis business that has enjoyed consistent revenue and customers and currently has a very busy Fall schedule already booked with existing and new clients.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
4-6
Facilities:
• Nice facility with 8 courts (5 lighted) • Unique opportunity to own the business and the land (7.5 acres), which is for sale in a separate transaction.
Growth & Expansion:
• Offer wide range of classes (more days/times) including such things as Cardio Tennis, ladies group instruction, Sunday clinics • Expansion opportunities in tennis or other related sports (Pickle Ball, Paddle tennis) • Create kid size courts for new beginners under 10 • Host tournaments on site • Offer tournament coaching • Investigate non-tennis opportunities on property
Support & Training:
Sellers will work with new owner to train and prepare new ownership for an agreeable period of time. Exact timeline to be negotiated.
Reason for Selling:
Desire to transition out of ownership/provide opportunity for future owner
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(from currently available funds)
 
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Adam Petricoff

Business Listed By:
Adam Petricoff

VR Business Brokers Charlotte

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