20+ Year Tennis Club Located on Seven Acres

Not Disclosed, NC
Wilson County

Asking Price: Annual Revenue:
$565,000 $163,850

Recreation: Gyms, Health & Fitness, Sports

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RE: 20+ Year Tennis Club Located on Seven Acres Broker: Tony Khoury
Owner Financing is Available!

Quick Facts

Asking Price: $565,000
Annual Revenue: $163,850
Net Profit: Not Disclosed
Cash Flow: $130,940
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 952258201
Broker Reference #: 13485-777775

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Business Overview:

Real Estate Included - perfect tennis club for an owner/operator who would like to own their own business. Located in the beautiful southeast, this club is situated on 7 acres of land, has 6 har-tru clay courts with completed engineering design plans for the addition of 5 more courts. Eight lights per court, with the clubhouse having 2,800 square feet and a 2 bedroom/1 bath apartment located on the second floor.

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Property Features and Assets:

Beautiful clubhouse, with wrap around deck, ample parking space and an adjacent vacant lot perfect for a residential home to be built. Current layout has 6 clay courts, with 5 additional courts permitted for future expansion. Eight lights per court and a storage building on-site. Built originally in 2003, this tennis club has had only two owners, with the existing owner increasing membership steadily over his 12 year tenure, even though he delegates the majority of the tennis club's operations to a full-time tennis pro. Revenue is generated by membership dues, tennis camps and clinics, individual lessons, the stringing of tennis racquets and the rental of the second floor of the clubhouse. This club boasts multiple USTA league state championship banners and has member players of all ages.

Market Competition and Expansion:

This club does not have major competition within a 30-mile radius. This is especially key for a tennis club that is focused on serving its membership base. Potential Growth: There are tremendous opportunities to grow this club, especially with the addition of a full-time owner/operator who is actively engaged with the recruitment and retention of members. This club is located in close proximity to a large population and would benefit from a targeted marketing and sales effort to attract new members. There are additional opportunities to generate revenue with the introduction of regional tournaments, through the sale of products and with the potential of building out additional courts as the club grows.

Reason for Selling:

Other business interests.

Additional Details:

  • 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.

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