Set Up & Installation of Recreation Courts

Not Disclosed, OK


Asking Price: Annual Revenue:
$780,000 $1,279,268

Recreation: Gyms, Health & Fitness, Sports


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RE: Set Up & Installation of Recreation Courts Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $780,000 12.5% Buyer Down Payment: $97,500 12.5% Seller Financing: $97,500 75% Bank Loan: $585,000

Quick Facts

Asking Price: $780,000
Annual Revenue: $1,279,268
Net Profit: Not Disclosed
Cash Flow: $223,774
Total Debt: Not Disclosed
FF&E: $91,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 2
BBN Listing #: 276834398
Broker Reference #: CON077

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Business Overview:

Looking for a design and installation business with very low overhead and one that can be managed from a home office? This dynamic company experiencing year-over-year growth and an excellent 51% profit margin may be for you. Designing and installing sports facilities in six states, this company was established in 2014 and has grown every year since its inception. The team specializes in field, court, and turf installation as well as retractable and static safety netting. Sports include baseball, football, soccer, basketball, volleyball, golf as well as weight/training rooms and tracks. Clients are diverse and extend throughout Oklahoma, Arkansas, Colorado, Kansas, Nebraska, and Texas. Most work (75%) is earned from contracts with schools, while 15% of revenue is from private businesses and the remaining 10% are residential and recreation center projects. The owner currently oversees the business and is entirely hands-off for design and installations.

This business operates with a small team consisting of one sales representative and one project site lead. Two contractors manage the projects as well as the marketing. All other work is completed by subcontractors local to the project site, reducing travel time and expenses and materials are drop-shipped directly to the location.

The team has built many client relationships, and this is apparent in the productive year-over-year growth. Additional revenue could be found by continuing to build client relationships in the service area or expanding into additional cold-weather states. New areas could be explored, such as dog training centers or agility courses, or expanding relationships with municipalities to increase city recreations projects.

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Property Features and Assets:

Lease: Work from home! Tool are stored in one trailer.

Market Competition and Expansion:

Location: Oklahoma, relocatable within and outside of the state Service Area: Oklahoma, Arkansas, Colorado, Kansas, Nebraska, Texas Services: Design and build sports installations Clients: Schools (75%), private business (15%), residential, recreation centers (10%) Growth Opportunities: Build client relationships in the six-state service area, focus on private business clients, network with municipalities for city recreation projects, seek contracts with sport-focused franchises, increase work in cold-weather states.

Reason for Selling:

Divestment

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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