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Business Sales
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Individual Business Listing
Full-Service Youth Basketball Sports Business
County: Southern California, CA
BusinessQuest ID: 24012
Contact: Ed Fixen, (909) 636-9827
County: Southern California, CA
BusinessQuest ID: 24012
Contact: Ed Fixen, (909) 636-9827
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Financial Summary
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General Information
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Price:
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$850,000 |
Financing:
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No | |
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Down Payment:
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$850,000 |
Year Established:
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2009 | |
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Sales:
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$905,000 |
# Employees:
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6 | |
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Cash Flow:
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$225,000 |
Facility Size:
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0 sq. ft. | |
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Inventory:
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$0 |
Training:
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2 weeks | |
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Inventory Included:
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No |
Reason for Sale:
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Relocating Out of State | |
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FF&E:
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$10,000 | |||
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Monthly Lease:
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$0.00 | |||
| Business Summary Contact business broker for more information regarding this youth sports business specializing in working with youth and young adults to reach their potential and prepare them for the next level of basketball competition. This highly successful and well-established sports business has been serving the youth and young adults in its community since 2009. The business is poised for growth with some basic business strategies and the seller has built a strong and reliable management team and coaching staff to allow a new owner to focus and work on growing the business. In addition to an existing YMCA contract, the business just opened a new independent location in an adjacent City that will allow greater flexibility with respect to controlling schedule and adding complementary sports such as volleyball, gymnastics, etc. with significant revenue growth opportunities. Additionally, beginning in March 2025 the business will be adding a Parks & Recreation contract that will add five (5) community/rec. centers to their existing basketball programs. The owner anticipates this will result in 20% to 40% revenue growth by the end of 2025. Located in a desirable and populated area of the greater Los Angeles area, the area has the perfect demographics for an abundance of prospective customers. Working with both male and female players of all ages, the business consists of multiple revenue streams consisting of group and semi-private training, camps and league team play. Company has four full-time and three part-time employees not including the working owner. The founder is selling to relocate out of state closer to family. Owner will assist with training and smooth transition to new owner and is open to serving as a part-time consultant for new owner after initial training. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this basketball training sports business for sale located in Los Angeles County. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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