Tennis Anyone! Indoor/Outdoor Courts

Not Disclosed, PA
Bucks County

Asking Price: Annual Revenue:
$460,000 $1,371,892

Retail: Sporting Goods, Recreation

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RE: Tennis Anyone! Indoor/Outdoor Courts Broker: Joe Chiarello

Quick Facts

Asking Price: $460,000
Annual Revenue: $1,371,892
Net Profit: Not Disclosed
Cash Flow: $323,597
Total Debt: Not Disclosed
FF&E: $210,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 33
BBN Listing #: 54954955
Broker Reference #: 2702-16148

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Business Overview:

This Racquet Club is an indoor/outdoor tennis only club open to the public. It offers tennis instruction (both private and small group), open time play, seasonal contract play and USTA sanctioned inter-club team play as well as a tennis pro shop offering frames, accessories, shoes, and a stringing service. They are a 100% family-owned business in operation for 50 years (as of 2020), originally built by the parents/grandparents of the current owner/managers. They are surrounded by very affluent residential communities which provide the perfect demographic for tennis clubs. They are uniquely diverse in terms of both staff and clientele which is in keeping with the region’s reputation as welcoming and inclusive. A great many of the staff and customers have been with them for many years and in some cases, decades. They are currently serving children and grandchildren of customers from the early 1970’s. During the colder months of the indoor tennis season, (November – March) they are often 100% booked for all available time slots. Property is offered for $3,500,000 through KW Williams Realty and must be purchased with the Business.

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Property Features and Assets:

Property is being Sold for $3,500,000 through KW Williams Realty and must be purchased along with the Business. Assets= $488,000

Market Competition and Expansion:

This Tennis club has 14 acres of property and can be used for camps! NO advertising is done at all! Same owners for 50 years so someone with new vision can add a lot to this already very successful business.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is owned.
  • The owner is not 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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