Nation's Top Table Tennis Academy

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Entertainment & Recreation Businesses for Sale

  • Primary Category: Other Entertainment & Recreation Businesses for Sale

The #1 results yielding table tennis academy converting from a 501 C-3 "not for profit" to an LLC "for Profit" with a world class staff, programming, and facilities in place. Fourth largest academy of its type in the US.

The only academy in the US offering full-time professional training including housing, transportation, and advanced group training twice daily. This team of expert coaches trained the first American girl to win a WTT event and the first American boy to reach the final of a WTT event.

Currently training beginners to pros of all ages and all levels. Soaring high at 40 million views/year including social media, newsletters, website, and an additional 111,000 views each day on the Highway sign. Gross sales of $445,496, seller discretionary cash flow of $4,335 as a 501 C-3 and $95,972 for an LLC for profit pro forma estimate maintaining income and realizing savings, priced to sell at just $292,744 with a $155,900 in assets including Olympic grade equipment, access to an Olympic grade fitness center, fully-stocked pro shop, company car, office, and complete inventory.

The team of experts includes USOPC Coach of the Year who is ITTF Level III Certified and his team of elite coaches and training partners. Check out this world class facility with international results, a full-staffed coaching team, and huge exposure for expansion for years to come!

Financial Information

  • $292,744 Asking Price
  • $95,972 Cash Flow
  • $445,496 Gross Revenue
  • On request Down Payment

Business Location

  • City: Akron
  • State: Ohio

Reason for Sale

  • Conversion 'not for profit' to 'for profit'

Detailed information

  • Year Established: 2008
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 2
  • Part-Time Employees: 4
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: $70,034
  • Monthly Rent: On request
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 15000
  • FF&E Included?: Yes
  • FF&E Value: $155,900

Training/Support

  • Seller will negotiate a transition period

Facilities

  • State of art, Olympic grade facility, 15,000 SF, workout, changing room, office, 2 restrooms, full access 24/7 to a separate 15,000 SF Olympic grade fitness facility
Business Listed by
image of Jeffrey Bury
Jeffrey Bury
Sunbelt of Akron
Show Phone Number
Listing ID
NORTHOH001-52879

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