Fun & Very profitable sports business, 45% profit growth in 3 years
Business Description
20+ year history, work from home, lots of flexibility, great cash flow
Fun and very profitable and efficient lifestyle sports events business in South Florida with a 20 year history and HUGE positive cash flow (income comes before expenses). Profits are over $777k and growing (+45% from 2022 to 2025) on $1.236M in revenues. Very high and growing margins plus positive cash flow make the business rock solid even in economic downturns. Lots of expansion potential with ability to work from home and live anywhere. Large and growing customer base. Easy to follow systems with documentation and videos. No liabilities. Owner semi-retiring. Asking only $3.1M, so expect it to go fast.
About the Business
- Years in Operation
- 23
- Employees
- 12 (12 Contractors)
All staff are loyal, part-time and work from home or at event locations. - Currently Home Based
- Yes
- Facilities & Assets
- Sale includes all physical assets needed to operate events (not owners personal truck), all trademarks and domain names, all governmental/permit contacts, all sponsor contacts, all vendor contacts, all staff contacts, all documentation & videos on how to operate the business, and full customer list. I work from home and all assets are on my personal property, so buyer will need to relocate them to a location of their choosing.
- Market Outlook / Competition
- The population of our primary customer zones are growing rapidly. The business can be located anywhere with a warehouse and trailer parking.
Competitors come and go. Most last at most a few years before folding. Most expenses are fixed, so the marginal profit on entries is very high, but new competitors don’t have our reputation, customer database, operational efficiencies, loyal & talented staff, sponsors, volunteer contacts, systems, or economies of scale and thus never exceed the profitability threshold. - Opportunities for Growth
- We expect the business to continue to grow organically as the population is growing quickly in the areas we serve.
Additionally, the company can be expanded both geographically into other markets and horizontally into other types of events. Assistance and training will be provided on how to develop new events and venues.
About the Sale
- Seller Motivation
- Retiring to travel and teach college
- Transition Support
- Seller will provide 3 months of transitional support to train and assist the buyer on daily operations and attend one event at each venue with buyer to train and assist. Ongoing support is available as needed. It is very important to seller that the buyer is very successful!
- Financing Options
- Up to 50% with personal guarantee and other terms TBD
Listing Info
- ID
- 2055441
- Listing Views
Listing ID: 2055441 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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