Fitness & Gym
Youth and Adult Basketball Training Franchise - Absentee Owned
Business Description
Youth and Adult Basketball Training Franchise - Absentee Owned!
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
Ad#:2494276
Additional details: - Listing status: Active - Revenue: $500,000 - EBITDA: Not Disclosed - Cash flow: Not Disclosed - Reason for selling: The reason the Seller is selling is to pursue other interests. - Real estate: Leased - Building SF: 19,530 - Inventory: $5,000 Included in asking price - 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. - 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. - Franchise details: This business is an established franchise - Intermediary: Brett Sargent · Sunbelt of Sacramento · 669-201-9195 - Source listing: https://www.bizbuysell.com/business-opportunity/youth-and-adult-basketball-training-franchise-absentee-owned/2494276/
Training Provided
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.
Support Provided
Seller financing available Some Seller financing may be available dependent upon the offered purchase price and
Franchise System Information
About the Franchise Brand
Youth and Adult Basketball Training — Youth and Adult Basketball Training Franchise - Absentee Owned! 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,...
Semi-absentee ownership available.
Support to Franchise Owners
Seller financing available Some Seller financing may be available dependent upon the offered purchase price and
Training Provided
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.
