EXECUTIVE SUMMARY

Established in 1983, this longstanding tennis and pickleball retail store represents a rare opportunity to acquire a profitable sporting goods business with over 40 years of market presence in Florida's Gulf Coast region. The business generates $550,000 in annual revenue with $180,000 EBITDA, demonstrating strong financial performance under complete absentee ownership.

BUSINESS OVERVIEW

This 2,000 square foot retail operation has built an exceptional reputation serving the local tennis community and surrounding Gulf Coast region. The store maintains strong relationships with players, teaching professionals, clubs, academies, leagues, seasonal residents, and visitors throughout the market area.

FINANCIAL PERFORMANCE
• Annual Revenue: $550,000
• EBITDA: $180,000 (32.7% margin)
• Inventory Value: $50,000
• FF&E Value: $5,000

LOCATION & LEASE TERMS
• Prime Florida Gulf Coast location
• 2,000 square feet of retail space
• Monthly lease: $4,400 ($26.40 per sq ft annually)
• Current lease expires August 31, 2028
• Renewal option available through August 2033

KEY BUSINESS HIGHLIGHTS
• 100% absentee ownership demonstrates systems and processes
• Recently renovated in 2024 with $60,000+ investment in upgraded displays, fixtures, and merchandising layout
• Established customer base with 40+ years of market presence
• Strong vendor relationships and reputation in tennis community
• Growing pickleball market segment expansion opportunity
• Significant e-commerce growth potential for increased revenue
• Easy-to-manage retail operation with proven track record

GROWTH OPPORTUNITIES

The business presents substantial upside potential for an owner-operator who can leverage the established foundation. Key growth areas include expanding e-commerce capabilities, capitalizing on the rapidly growing pickleball market, and implementing owner-operator management to enhance customer relationships and operational efficiency.

The comprehensive 2024 renovation has modernized the customer experience and positioned the store for continued growth in the dynamic racquet sports market. With its prime location, established customer base, and strong financial performance, this represents an exceptional opportunity to acquire a profitable, turnkey sporting goods retail operation.