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- RE: Sports Entertainment Business | Corporate Golf
- Contact: Ron Matheson
Quick Facts
Asking Price: | $24,500,000 | |
Annual Revenue: | $10,085,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $4,925,800 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 1 | |
BBN Listing #: | 980541 | |
Broker Reference #: | WC 3519 |
Business Overview:
Website Closers® presents a unique Corporate Golf Outing Business that has been in the swing of it since 2017. They are well known among clients for crafting exclusive events where C-suite executives can network with former professional athletes from various Major League Sports. These outings allow executives to reward staff, nurture client relationships, and build professional networks in a relaxed, upscale environment.
A large part of their appeal has been their dedication to providing a top-of-the-line, seamless multi-day experience, which is tailored to each of their client's preferences. The company has access to 75 go-to athletes and a wide-reaching network, allowing them to select athletes based on their guests' favorite sports teams which in turn attracts high-profile clientele.
While the company doesn't have a formal website, they have thrived through word-of-mouth referrals, with a notable 45% Repeat Guest Rate, an average revenue rate of $450,000 per outing, and 48% Net Profit Margins.
Here are some of the brand’s notable KPIs:
• Relationships with Famous Athletes and Access to Hundreds More
• Continues to grow Every Year
• Niche Sports Entertainment Business
• Owner Happy to Roll up to 20% Equity depending on the needs of the Buyer
• 48% Net Profit Margins
• $450,000 Average Revenue Per Outing
• 45% of Guests Repeat
• Low Working Capital Needs
• Low Hanging Fruit present for Many Growth Initiatives
Current ownership works an average of 10 to 15 hours per week if they aren't running an event, with their assistant handling all the company's administrative work: from booking hotels to negotiating pricing. This assistant has her own assistant, as well. The brand also hires 4 to 6 additional commission-based contractors that sell the outings.
The current owner is open to rolling 20% equity and is willing to remain involved during the transition process to ensure continued success post-purchase.
If you’re interested in learning more, please contact Website Closers today for more details from our brokers.
WC 3519
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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