NY Tennis Sports Court Installation And Maintenance Business For Sale

Business description

Eastern Suffolk County Tennis and Sports Court construction, design, installation, maintenance and supply company. Also does Basketball, Bocci and baseball. Established 36 years. Dominant presence in his market. All types of surfaces. Extensive Business clientele: schools, yacht clubs, tennis clubs and residential communities. Also retaining walls, fencing and patios. 100s of regular residential clients. 13 vehicles included in sale. Business is active from March to December. Sellers turns away substantial work in and outside his area. 2/3 of his court openings take maintenance contracts. Real Estate: Property purchasers will pick up additional net income of $61,300 - rent roll of $30,000 and $31,300-(difference between rent expense of $36k and RE taxes of $4700)- enough to amortize a building mortgage. Property with 2 buildings, 2 tenants and $30,000 rental revenue offered through Vested Realty Group at $1m. Seller will provide extended training and transition. 2 key employees will remain. Unique opportunity for qualified buyers.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

personal

Trading hours:

10/8

Employees:

1973

Other information

Support & training:

yes

Financing available:

300,000 down & $325,000 at 7% over 96 months

Furniture / Fixtures value:

$75,000

Inventory / Stock value:

$15,000