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Tennis Courts Indoor/Outdoor-Property Also Being Sold - Reduced!

Tennis Courts Indoor/Outdoor-Property Also Being Sold - Reduced!

This Listing is Closed

Tennis Courts Indoor/Outdoor-Property Also Being Sold - Reduced!

Business Type: Sports Related Biz / Sports Instruction


    • Listing# : 16148
    • Listed Price : $460,000
    • Total Sales : $1,371,892
    • SIC : 7997
    • Down Payment : $460,000
    • Status : Closed
    • Discretionary Earnings : $323,597

Business Type

Sports Related Biz / Sports Instruction

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 being offered for $2,340,000 through KW Williams Realty and must be purchased with the Business. 14 acres of all grass!



Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $3,500,000
    • Incl:No
    • Inventory: $28,000
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $210,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $250,000
    • Incl: Yes
    • Total Assets: $488,000
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $3,500,000
    • Incl:No
    • Inventory: $28,000
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $210,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $250,000
    • Incl: Yes
    • Total Assets: $488,000
    • Incl: Yes

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