Tennis Sports Court Installation And Maintenance
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1898842
Net Profit / Cash Flow $195500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1975
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description Eastern Suffolk County Tennis and Sports Court construction, design, installation, maintenance and supply company for sale. Also does Basketball, Bocci and baseball. Established 36 years. Dominant presence in his market. All types of surfaces. Extensive Business clientele: schools, yacht clubs, tennis clubs and residential communities. Also retaining walls, fencing and patios. 100s of regular residential clients. 13 vehicles included in sale. Business is active from March to December. Sellers turns away substantial work in and outside his area. 2/3 of his court openings take maintenance contracts. Real Estate: Property purchasers will pick up additional net income of $61,300 - rent roll of $30,000 and $31,300-(difference between rent expense of $36k and RE taxes of $4700)- enough to amortize a building mortgage. Property with 2 buildings, 2 tenants and $30,000 rental revenue offered through Vested Realty Group at $1m. Seller will provide extended training and transition. 2 key employees will remain. Unique opportunity for qualified buyers. Email or call Joe Stansky at 631-383-3109.
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