Exciting Turnkey Ground Floor Opportunity in the Recreational Sports industry
Price: $3,750,000
Annual Revenue: $2,500,000
Net Cash Flow: $1,200,000
Industry: Services, Recreational Sports
Location: New York
We present an exciting opportunity to invest in two premier indoor pickleball facilities poised for success. Our Long Island location, already nearing break-even after opening just months ago, serves as a proof of concept with robust profitability expected as we enter the busy fall and winter season. This success sets the stage for our second location in Brooklyn, which is 90% finalized and strategically positioned to capture a significant share of the city’s rapidly growing pickleball market.
Pickleball participation has surged by 223.5% over the last three years (SFIA), with nearly 50 million Americans playing in 2023 (APP). Brooklyn is especially underserved in terms of court availability, making our 13,500 sq. ft. facility a key player in meeting this soaring demand. The facility boasts five indoor courts, high ceilings, and easy accessibility via multiple public transportation routes, making it a prime location to attract a diverse group of players from surrounding high-income neighborhoods. With a median household income of $106,926 and 47% of households earning above $150,000, the local market is well-positioned to support premium recreational offerings.
Multiple income streams ranging from parties, corporate and personal events, ancillary food/beverage sales and merchandise sales provide the creative entrepreneur many scaling opportunities.
Together, these locations offer year-round revenue potential, supported by a growing base of enthusiasts and the underdeveloped pickleball infrastructure in New York City. Ownership’s well-conceived branding plan ensures you’ll benefit from the strong foundation set by the Long Island location while tapping into the explosive demand in Brooklyn. Don’t miss out on this chance to invest in the future of this fast-growing sport!