Pickleball And Tennis Court Contractor Since 1976 Adj. EBITDA $1M

Business Overview:

This Company is one of the leading tennis, pickleball, and outdoor basketball court specialists, serving the Southeastern US for almost fifty years. The four dedicated crews have a combined 44 years of expertise, including painting, fencing, resurfacing, lighting, and court accessories. The Company also leverages many other sub-contractors who have close relationships with them including asphalt pavers, electricians, sport court specialists, graders, etc. They have constructed over 250 new tennis, pickleball, or basketball courts in the past four years and have resurfaced over 700 additional courts. The Atlanta Lawn and Tennis Association (ALTA) with 60,000 members and USTA Atlanta with over 40,000 members coupled with the nation’s fastest growing sport, Pickleball, provides significant opportunities for continued expansion. The Company also has excellent name recognition in their market and approximately 60% of its work is through referrals or repeat customers. There are currently 33 sold jobs totaling in excess of $2.1M in the pipeline. The two owners are willing to agree upon a training and transition plan, with one of the owners willing to stay for up to 2-3 years. This is offered as a cash free/debt free sale.INVESTMENT HIGHLIGHTS:✔ Established reputation✔ Broad product offering including design/build, installation and maintenance✔ Pickleball is the fastest growing sports in the country✔ Very low overhead as the crews are subcontractors/1099✔ Proven track record, methodologies, and reputation with clients and within the industry✔ Historically recession resistant ✔ Customer data base and strong pipeline for 2025GROWTH OPPORTUNITIES:• Clay courts, Padel courts, Bocce Ball and Post-Tension concrete• Social Media Presence• Additional salesperson, crew or project manager would lead to increased revenues

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Property Features and Assets:

The business leases a 2,000 sq. ft. facility in Georgia and a storage unit in South Carolina. The combined rent is $2,325.00 per month.

Reason for Selling:

Retirement

Additional Details:

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