NOT DISCLOSED, Maryland
| Asking Price |
$1,500,000 |
Year Established |
2025 |
|
| Annual Revenue |
$1,084,633 |
Reason for Selling |
Selling corporate locations and focusing on the franchise model. |
|
| Annual P/L |
$0 |
Attention |
Ken Tallmadge |
|
| Annual Cash Flow |
$148,676 |
Listing Number |
1010255 |
|
| # of Employees |
7 |
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
This premier indoor racket sports facility serves a high-growth market in the Mid-Atlantic region, offering an institutional-quality athletic environment for players of all skill levels. The operation features approximately 26,550 square feet of purpose-built space, including ten climate-controlled courts equipped with professional-grade cushion surface technology to reduce joint impact and enhance playability. Utilizing a membership-driven model to produce recurring revenue, the business also incorporates guest play, instructional programming, and corporate events to ensure diverse cash flow. The facility is designed with advanced player-focused lighting and amenities tailored for competitive leagues, positioning it as a leading destination in an underserved submarket.
This Is A Recently Opened Pickleball Facility In The Initial Scaling Membership And Optimizing Business Operations Phases. The 2027 Proforma Suggests The Business Will Reach An Adjusted Positive Ebitda Of $65k And A Seller's Discretionary Earnings Of $150k Based On A Projected Revenue Of $1.1million. By 2031, The Proforma Indicates Significant Scalability With An Adjusted Ebitda Of $480k And A Seller's Discretionary Earnings Of $567k On Total Projected Revenues Of $1.7 Million.
The company operates with a streamlined management structure and a turnkey digital reservation system that optimizes court utilization and check-in processes. A well-trained staff oversees daily operations, retail sales through a modern pro shop, and organized tournaments, allowing for a smooth ownership transition. Located in a densely populated corridor with significant highway visibility, the business benefits from a loyal customer base with average household incomes well above the national median. The acquisition includes all specialized infrastructure, premium equipment, and a robust marketing framework. This represents a scalable opportunity to capitalize on the increasing national demand for dedicated, year-round sporting venues.
Property Features and Assets:
<p>The business operates from a custom-designed, 26,550-square-foot indoor athletic complex specifically engineered for racket sports. The facility features ten climate-controlled courts with specialized surfacing designed to enhance player longevity and performance. Strategically located along a primary regional transit corridor with daily traffic exceeding 120,000 vehicles, the site offers exceptional visibility and ease of access for a broad regional membership base.<br>The business opened in Q1 of 2025. Financials 2026-2031 are Pro Forma. <br></p><p>Assets = $765,000</p>
Market Competition and Expansion:
<p>The business competes in the fastest-growing sporting segment in North America, which has seen participation increase by over 300% in recent years. While general fitness centers exist in the region, this facility benefits from being a "dedicated" venue, meaning it is specifically designed for this sport rather than a converted multi-purpose gym. The nearest dedicated competitor is located more than eight miles away, providing a significant competitive moat in a densely populated, high-income submarket.<br></p><p>Significant upside exists for a new owner to optimize operations and expand revenue streams. While the membership base is growing, the facility has the physical capacity to support several hundred additional members before reaching a waitlist stage. Opportunities for immediate growth include expanding corporate partnership programs, increasing tournament frequency, and enhancing the pro shop's retail offerings.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity