Owner Financing is Available!
Business Overview:
Eastern Suffolk County Tennis and Sports Court construction, design, installation, maintenance and supply company. Also does Basketball, Bocci and baseball. Established 36 years. Dominant presence in his market. All types of surfaces. Extensive Business clientele: schools, yacht clubs, tennis clubs and residential communities. Also retaining walls, fencing and patios. 100s of regular residential clients. 13 vehicles included in sale. Business is active from March to December. Sellers turns away substantial work in and outside his area. 2/3 of his court openings take maintenance contracts. Real Estate: Property purchasers will pick up additional net income of $61,300 - rent roll of $30,000 and $31,300-(difference between rent expense of $36k and RE taxes of $4700)- enough to amortize a building mortgage. Property with 2 buildings, 2 tenants and $30,000 rental revenue offered through Vested Realty Group at $1m. Seller will provide extended training and transition. 2 key employees will remain. Unique opportunity for qualified buyers.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Long Established (36 years) dominant presence in his market (Eastern Suffolk County). Extensive regular business and consumer accounts. Construction, design, installation, repair and maintenance revenue. Loyal workforce and 2 key managers will remain. Turns away work out of his area. 2/3 of court openings take maintenance contracts.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: