Listing ID: 81555
This 10 year old company provides athletic training and sports programs for children and young adults ages 3 to 14.
The programs promote fun, sportsmanship, teamwork and communication with other participants through a challenging and motivating learning environment.
Business focuses on the following sports
• Gymnastics, Floor Hockey and Yoga
Coaches offer private and group lessons as well as summer camps and recreational leagues at the following Park Districts
• Norridge Park,
• Park Ridge
• Schiller Park
• River Grove
• Glendale Heights
• Midlothian Park
Present owner operates this home-based business around his fulltime day job. He has 15 parttime coaches that handle the majority of the classes and camps. Most programs are offered in early evenings and weekends at Part District Facilities.
Owner will provide as much training and assistance as needed for smooth transition
Business growth is easily obtained by introducing these programs to additional Park Districts
Business has strong Social Media presence, website and excellent reviews.
For additional information contact listing broker.
- Asking Price: $45,000
- Cash Flow: $32,500
- Gross Revenue: $102,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2011
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:15
- Furniture, Fixtures and Equipment:N/A
Owner will provide training and assistance as needed
Business has tremendous growth potential. Existing Park districts love these programs. New owner needs to market to nearby park districts
This Business Is Home Based
The business was started in 2011, making the business 11 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals resolve to sell businesses. Nevertheless, the genuine factor and the one they tell you may be 2 totally different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might simply be justifications to try to hide the reality of altering demographics, increased competition, recent reduction in incomes, or an array of various other factors. This is why it is really essential that you not rely completely on a vendor's word, but instead, utilize the seller's solution along with your overall due diligence. This will paint an extra realistic picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can mean that revenue margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be met or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location draw in new customers? Often times, businesses have repeat clients, which form the core of their day-to-day profits. Particular aspects such as brand-new competition growing up around the area, roadway construction, and staff turn over can influence repeat customers and adversely affect future earnings. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the greater the possibility to develop a returning customer base. A last thought is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the regional typical house earnings influence future income prospects?