Executive Summary
Premier, Turnkey And Established North County Baseball Academy. The Business Is Fully Equipped And Appeals To All Levels Of Players From The Professional Level To The Little Leaguer. The Business Includes Full Service Hitting And Pitching Areas That Are Rented To Individuals, Teams, Coaches, And For Private Clinics And Lessons. The Facility Has Seven (7) Iron Mike Pitching Machines, Which Cost 15K New. The Business Rents By The Hour To Individuals, And By The Day To Teams And/Or For Private Lessons.The Business Has Two (2) Cages Outside For Soft Toss Or Long Toss. The Business Also Includes The Following: Six Indoor Batting Cages; Indoor Pitching Tunnel; Two Outside Hitting Cages; Outside Pitching Mounds; Private Training Room For Teams; And Full Pro Shop.
Marketing
The Company Sends Out Flyers To Existing Leagues. There Are Substantial League, Pony League And Travel Ball Teams In San Diego County That Are Marketed To. Growth Areas Include The Following: Company Could Offer Extended Hours, More After-School Programs; Corporate Events And Parties; Add Lunch And Food Services To Take Advantage Of The Industrial Park Tenants; Extend The Hours And Or Rent It Out To Ancillary Vendors Like Personal Fitness Trainers.
Strengths & Opportunities
Weaknesses: High Rent-High Fixed Cost; Seasonal Business; Absentee Owner; Low Visibility, Low Traffic Patterns.
Strengths: Large Facility With Quality Upgraded Equipment; Good Reputation; Long Established, Turnkey Biz; Well Lit And Spacious; Excellent Parking.
Hours & Staffing
There Are Three Part-Time Employees. One Is The Manager, One Runs The Pro Shop And The Third Provides Hitting Lessons. They Are Paid Every Two Weeks. Compensation Is 12/Hr. 20/Hr Per Lesson. Company Does Payroll In House Via Quickbooks. All Revenues Are Logged Into The Computer. Daily Revenues Logged Into A Spreadsheet.
Area, Facilities & Equipment
Upgrades Include: Nets Have Been Replaced And Or Maintained. Facility Has Been Repainted. New Signs Have Been Added. New Flooring Including 10,000 In New Turf, New Lighting And Bathroom Sinks And Water Fountains Have Been Added. A Pro Shop Was Added, Which Is Rented Out For 400.00 A Month. The Facility Includes A Variety Of Equipment Including-Six Indoor Batting Cages; Indoor Pitching Tunnel; Two Outside Hitting Cages; Outside Pitching Mounds; Private Training Room For Teams; Full Pro Shop.
Company History
The Business Has Been Around For Nearly 15 Years. The Original Owner Had The Business For About 8 Years. The Business Was Then Bought By Two Business Partners Who Had The Business Another 4 Years. The Current Owner Bought The Business From These Partners June Of 2007. Although The Current Owner Is An Avid Baseball Lover, The Business Was Not Exactly What He Had Envisioned. According To The Current Owner However, This Business Does Have Great Potential For Growth.
Financial Summary
A Baseball Team Rents Two Cages Full Time For 2,000 Per Month. Outdoor Cages Are Rented By An Instructor For 500 Per Month. Pro Shop Pays 400 Per Month For Rental. Fixed Costs Per Month For This Business Are As Follows: Rent - 8,686; Utilities - Avg. 500; Repairs & Maint - 250; Telephone - 200; Insurance - 400; Total Fixed Costs Approx. 10,000 Per Month. New Owner Reports Sales Increase Of 30,000 For Trailing Nine Months Compared To The Former Owner’s Nine Months In 2006-2007.
Owner Financing 40,000 @ 8% For 36 Months Oac.
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