Nation's Top Table Tennis Academy
Akron, OH Summit County
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- RE: Nation's Top Table Tennis Academy
- Contact: Jeffrey Bury
Quick Facts
| Asking Price: | $292,744 | |
| Annual Revenue: | $445,496 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $95,972 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $155,900 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 2 | |
| BBN Listing #: | SB-52879 | |
| Broker Reference #: | NORTHOH001-52879 |
Business Overview:
The #1 results yielding table tennis academy converting from a 501 C-3 'not for profit' to an LLC 'for Profit' with a world class staff, programming, and facilities in place. Fourth largest academy of its type in the US. The only academy in the US offering full-time professional training including housing, transportation, and advanced group training twice daily. This team of expert coaches trained the first American girl to win a WTT event and the first American boy to reach the final of a WTT event. Currently training beginners to pros of all ages and all levels. Soaring high at 40 million views/year including social media, newsletters, website, and an additional 111,000 views each day on the Highway sign. Gross sales of $445,496, seller discretionary cash flow of $4,335 as a 501 C-3 and $95,972 for an LLC for profit pro forma estimate maintaining income and realizing savings, priced to sell at just $292,744 with a $155,900 in assets including Olympic grade equipment, access to an Olympic grade fitness center, fully-stocked pro shop, company car, office, and complete inventory. The team of experts includes USOPC Coach of the Year who is ITTF Level III Certified and his team of elite coaches and training partners. Check out this world class facility with international results, a full-staffed coaching team, and huge exposure for expansion for years to come!
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Property Features and Assets:
State of art, Olympic grade facility, 15,000 SF, workout, changing room, office, 2 restrooms, full access 24/7 to a separate 15,000 SF Olympic grade fitness facility
Reason for Selling:
Conversion 'not for profit' to 'for profit'
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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