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Youth and Adult Basketball Training Franchise - Absentee Owned! - SC2268



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Northern Californian Youth and Adult Basketball Training Franchise - Absentee Owned! - SC2268

This Northern Californian Basketball Training Franchise is a California Limited Liability Company and was started almost 2 years ago, and still under the current founding ownership. Offering Pick-up games with refs, member-only tournaments, basketball training, full fitness rooms, recreational games, and youth development leagues, everything basketball-related can be found here. They offer three full courts, functional training, full weight and cardio rooms, along with a luxury lounge and retail merchandise. This business has over 300 5-star reviews and very high employee retention. Most members play recreationally, not just for training.

Financial Information

  • $475,000 Asking Price
  • On request Cash Flow
  • $500,000 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing
  • On request Adjusted EBITDA

Business Location

  • City: Northern California
  • State: California

Financing Comments

  • Some Seller financing may be available dependent upon the offered purchase price and the quality of the Buyer.

Reason for Sale

  • The reason the Seller is selling is to pursue other interests.

Detailed information

  • Year Established: 2024
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: 15
  • Contractors: N/A
  • Owner Worked Hours/w: 4
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: $13,360
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 19530
  • FF&E Included?: Yes
  • FF&E Value: $80,000

Training/Support

  • The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.

Facilities

  • They operate out of 19,530 square feet with a base rent of $13,360 and monthly CAM charges of $2,009. There is also $2,809 of tenant improvement amortization added to the rent as well. The current lease term is 10 years with a 5 year extension. This space was recently renovated, and almost $850,000 was spent in tenant improvements between the Seller and the landlord. The lease is assignable. They are located in an area developing an entire downtown with an arena as well as adding hotels. It is one of the fastest-growing cities in the region.

Market Outlook/Competition

  • The North American basketball training market is experiencing robust growth driven by high youth participation, professional, and technology-driven training, with the training equipment segment alone expected to reach over $500 million. Major trends include AI-powered analytics, specialized wearable tech, and premium personalized coaching, with the US serving as a primary hub.

CA 02100708; NV 1003039



Listed By: Clarissa Suratos

Background information

Reference:

2494276

Year established:

2024

Reason selling:

The reason the Seller is selling is to pursue other interests.

Finance

Sales:

$500,000

Operations

Employees:

Part-Time Employees: 15 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $80,000

Inventory:

Inventory Included: Yes Inventory Value: $5,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $80,000

Premises

Facility:

They operate out of 19,530 square feet with a base rent of $13,360 and monthly CAM charges of $2,009. There is also $2,809 of tenant improvement amortization added to the rent as well. The current lease term is 10 years with a 5 year extension. This space was recently renovated, and almost $850,000 was spent in tenant improvements between the Seller and the landlord. The lease is assignable. They are located in an area developing an entire downtown with an arena as well as adding hotels. It is one of the fastest-growing cities in the region.

Square footage:

19530

Rent and lease terms:

Monthly Rent: $13,360 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A

Location:

City: Northern California State: California

Opportunities

Market:

The North American basketball training market is experiencing robust growth driven by high youth participation, professional, and technology-driven training, with the training equipment segment alone expected to reach over $500 million. Major trends include AI-powered analytics, specialized wearable tech, and premium personalized coaching, with the US serving as a primary hub.

Price and terms

Price:

$475,000

Financing:

Some Seller financing may be available dependent upon the offered purchase price and the quality of the Buyer.

Training:

The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.