MergerPlace

Tennis Anyone! Indoor/Outdoor Courts

Pennsylvania (Bucks)


  • Asking Price: $460,000
  • Gross Income: $1,371,892
  • Cash Flow: $323,597
  • Real Estate: Not Disclosed
  • Inventory: $28,000
  • FF&E: $210,000
  • Listing ID: #225528
  • Established: 1970
  • Employees: 10 FT / 23 PT

Business Description

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.


Business Details

Primary Business Category: Retail Trade - Sporting Goods, Hobbies, Books
Location: Pennsylvania
County: Bucks

Company Information

Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT / 23 PT

Financial Information

Asking Price: $460,000
Gross Revenue: $1,371,892
Cash Flow: $323,597
FF&E: $210,000
Inventory: $28,000
Seller Financing Available: No

Property Information

Facilities:

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

Growth & expansion opportunities:

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.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers