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California
Absentee Run Basketball Training & Gym Franchise
Asking Price
$475,000
Revenue
$500,000
Down
Call/Email
Cash Flow
Call/Email
Description
Financial Information
$475,000 Asking Price
On request Cash Flow
$500,000 Gross Revenue
Negotiable Down Payment
Yes Financing
On request Adjusted EBITDA
Business Location
City: Northern California
State: California
Financing Comments
Some Seller financing may be available dependent upon the offered purchase price and the quality of the Buyer.
Reason for Sale
The reason the Seller is selling is to pursue other interests.
Detailed information
Year Established: 2024
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 15
Contractors: N/A
Owner Worked Hours/w: 4
Inventory Included: Yes
Inventory Value: $5,000
Monthly Rent: $13,360
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 19530
FF&E Included?: Yes
FF&E Value: $80,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.
Facilities
They operate out of 19,530 square feet with a base rent of $13,360 and monthly CAM charges of $2,009. There is also $2,809 of tenant improvement amortization added to the rent as well. The current lease term is 10 years with a 5 year extension. This space was recently renovated, and almost $850,000 was spent in tenant improvements between the Seller and the landlord. The lease is assignable. They are located in an area developing an entire downtown with an arena as well as adding hotels. It is one of the fastest-growing cities in the region.
Market Outlook/Competition
The North American basketball training market is experiencing robust growth driven by high youth participation, professional, and technology-driven training, with the training equipment segment alone expected to reach over $500 million. Major trends include AI-powered analytics, specialized wearable tech, and premium personalized coaching, with the US serving as a primary hub.
CA 02100708; NV 1003039
Business Details
Year Established:
2024
Employees:
15
FE&E:
$80,000
Reason for sale:
The reason the Seller is selling is to pursue other interests.
Support & Training:
The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.
Property Information
Size in Square Feet:
19,530 sqft
Lease Terms:
Monthly Rent: $13,360
Lease & Tenant Information
Lease Options:
$13,360
Posting Information
Posting ID:
3383492
Business Category:
Sports
Business Types:
Health Club, Gym, Fitness Center
Action Sports Specialty Store
Hobby Shop
Attributes:
Absentee Run
Existing Franchise
Financial Assistance
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Absentee Run Basketball Training & Gym Franchise
Posting ID
#3383492
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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Absentee Run Basketball Training & Gym Franchise
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