This business is the culmination of 18 years of combined experience in the design, construction, and installation of indoor and outdoor sports complexes. For more than ten years, the business has built custom facilities for colleges, universities and municipal entities, as well as private individuals and organizations. Facilities built to date include baseball complexes, basketball field houses, football stadiums and golf courses. The founder of the company started out making pitching machines, which led to expanding the business to include netting, turf and other complimentary products. In 2008, a separate entity was formed to deal exclusively with consulting, deign, construction and installation of athletic fields and facilities. Current customers include municipal parks and recreation agencies, county governments, high schools, universities as well as private individuals and recreational leagues. Revenue for the business is split approximately 60/40 between private customers and public government accounts. The company’s competitive advantage comes from its ability to offer a turnkey solution in a project-based industry that frequently requires bids from multiple suppliers. This business offers a unique opportunity to take advantage of an attractive niche market that is predicted to enjoy double-digit growth over the next five years.
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Property Features and Assets:
[Chris Taylor is a licensee (#SA00064305). This executive summary does not include the sale of any real property assets. Mr. Taylor does not profit from any real estate transaction outside of his capacity as a licensee.]
Market Competition and Expansion:
Competition: There are no other businesses offering the same turnkey solution as this company. Competitors with more of a retail focus include On Deck Sports (Brockton, MA), Kodiak Sports (Sherman, TX) and Practice Sports (Papillion, NE).
Growth/Expansion: This business operates within two attractive industries. The Sports and Athletic Field Construction industry is expected to enter a period of relatively strong growth over the next five year, while the Artificial Turf industry is projected to grow at an average annual rate of 3.3% to $3.0 billion over the five years to 2017, including an increase of 3.7% to $2.7 billion in 2013 (source: IBISWorld).
In addition to overall industry growth, many opportunities exist for this business to market to architects, partner with a large building manufacturer and add a sales rep to the organization. There is enormous opportunity for building and installing new facilities in the westerns U.S. and retrofit existing structures in the east.
Reason for Selling:
Other business interests
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.