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- RE: Turnkey Recreational Sports Business In NY
- Contact: Raj Sheth
Quick Facts
Asking Price: | $3,750,000 | |
Annual Revenue: | $2,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 979694 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Two premier indoor pickleball facilities poised for success. Long Island location, already nearing break-even after opening just months ago, serves as a proof of concept with robust profitability expected as we enter the busy fall and winter season. This success sets the stage for our second location in Brooklyn, which is 90% finalized and strategically positioned to capture a significant share of the city's rapidly growing pickleball market.
Pickleball participation surged by 223.5% over the last three years (SFIA), with nearly 50 million Americans playing in 2023 (APP). Brooklyn is especially underserved in terms of court availability, making our 13,500 sq. ft. facility a key player in meeting this soaring demand. It boasts five indoor courts, high ceilings, and easy accessibility via multiple public transportation routes, making it a prime location.
Multiple income streams ranging from parties, corporate and personal events, ancillary food/beverage sales and merchandise sales provide the creative entrepreneur many scaling opportunities.
Together, these locations offer year-round revenue potential, supported by a growing base of enthusiasts and the underdeveloped pickleball infrastructure in New York City. Ownership's well-conceived branding plan ensures you’ll benefit from the strong foundation set by Long Island while tapping into the explosive demand in Brooklyn.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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