Tennis Club On 7-Acres for Tennis Pro - 70% Seller

Not Disclosed, NC
Wilson County


Asking Price: Annual Revenue:
$625,000 $130,118

Recreation: Gyms, Health & Fitness, Sports


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RE: Tennis Club On 7-Acres for Tennis Pro - 70% Seller Broker: Tony/Jarma Khoury

Quick Facts

Asking Price: $625,000
Annual Revenue: $130,118
Net Profit: Not Disclosed
Cash Flow: $105,399
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 797058201
Broker Reference #: 13485-777775

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Business Overview:

Tennis Club On 7-Acres for Tennis Pro - 70% Seller Financing
100-member, 20+ year tennis club, with newly renovated 3 bedroom/2 bath living quarters located above the tennis clubhouse.
Real estate alone appraised in June 2021 for $560,000 (without the renovation).

This club is located in the Southeast, has 6 har-tru clay courts, with completed engineering design plans for the addition of 5 more courts. Or, this open area can easily be developed to add pickleball courts, a soccer training venue or other sports related venues.

PERFECT for the Tennis Professional who wants to OWN their own club, with real estate and with a seller who is willing to provide up to 70% seller financing.

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 part-time tennis pros.

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.

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.

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.
Tennis Club On 7-Acres for Tennis Pro - 70% Seller Financing
100-member, 20+ year tennis club, with newly renovated 3 bedroom/2 bath living quarters located above the tennis clubhouse.

Real estate alone appraised in June 2021 for $560,000 (without the renovation).

This club is located in the Southeast, has 6 har-tru clay courts, with completed engineering design plans for the addition of 5 more courts. Or, this open area can easily be developed to add pickleball courts, a soccer training venue or other sports related venues.

PERFECT for the Tennis Professional who wants to OWN their own club, with real estate and with a seller who is willing to provide up to 70% seller financing.

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 part-time tennis pros.

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 .

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.

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.
Beautiful clubhouse, with wrap around deck, ample parking space and an adjacent vacant lot.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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 not a franchise resale opportunity.

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