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Basketball Training Programs

Basketball Training Programs
Listing
1702
SOLD!
Fast Growing Eastern Mass. Business
Acquired By
Individual Buyer
Eastern Massachusetts
Revenue
$622,934
Cash Flow
$382,040
Asking Price
$749,000
Sold Price
$749,000
Business Description

This business is a great choice for anyone looking for an income over $350,000 in a business that is growing fast.  Revenues grew 28% in the first half of this year versus a year ago from increases at existing and new locations.

This business provides basketball training to children from ages 7 to 18 at 14 locations in Eastern Massachusetts.  They are the exclusive provider of these services at the locations they have contracted with.  The locations are municipal and independent gyms — for profit and non-profit.  The training is provided by men and women with basketball experience.  There are several new locations that the business has identified where their service can be expanded to.  The business can take advantage of these opportunities with another full-time or part-time manager.

The owner focuses on managing the business and developing new locations. The business gauges the interest at a new location by offering a free clinic in cooperation with the owner of the facility.  The owner is providing other recreational services at the location and has an extensive list of people that are contacted to attend the free clinic. In addition, the business uses social media to get the word out. The business also uses social media, email marketing, Facebook, and Google Ads to market the business.  Customers can go to their website and sign up for classes or sign up at a location.

Growth Expansion and Opportunities

There are two areas that offer tremendous opportunities for growth.The business has identified 14 additional locations where basketball training can be offered.Another area for growth is providing training in another sport.

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
To pursue other business opportunities
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Brian McInerney

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