ENERGETIC CASH-FLOW MONOPOLY
…3000 PARTICIPATING PLAYERS
…300 + ONSITE SPECTATORS PER WEEK
…LOCAL MONOPOLY POSITIONINGYOU CAN ALWAYS TELL WHEN YOU FOUND THE PERFECT BUSINESS...
Gross Profit: $778,143
Noet Profit: $248,370
Price: $749,000 Plus small stock of $6,000...If you are anything like the current owner, you will probably never want to sell this outstanding, low risk business - AFTER ALL he has had this business for around 22 years.
And when you consider, the average retention time for retaining a business is around 4 years, any Buyer would be right to assume any seller who has owned and cherished a low risk, lifestyle business like this for over 2 decades, would only do so if it was an exceptional lifestyle moneymaking enterprise.BUT, IT'S NOT ONE BIG THING - that makes this business THE BEST…… it’s the HUNDREDS OF LITTLE THINGS that make this business buy of the decade.
These are the unbeatable facts that make this business so different from the rest!:
- Massive 76% Gross Profit - Mostly Only Found In Monopoly BusinessesIDEAL MANAGEMENT BUSINESS
- High Customer Retention = Low Risk
- Potential To Immediately Expand
- Fully Licensed Premises
- Feel Safe, Feel Secure - With Approximately 3000 + Players Per Week (average)
- Over 300 Visitors Per Week Generate Additional Revenue From Add-On Products makes this a local institution.
- CASH IS KING: 99% of cash collections are in the hand from day one
- Automatic Growth – The Industry Is Growing In Leaps And Bounds – See Newspaper Article This Page
- Limited And Restricted Competition
- High Barriers To Entry For Any New Competitors
- NO Full-Time Staff – Only Four Part-Time Casuals Are Required
- The Perfect Lifestyle And Profit Business - Owner Can Choose Hours Worked
- Long Life Plant And Equipment
- Low Stock Of Only $6000
- Debtors Pay In Advance – So You Will Have Money In The Bank From Day One
- Genuine Reason For Sale Makes This Opportunity Available
- Purpose-Built Modern Premises
- Reputation As A Market Leader For Over 20 Years
- Ideal Business To Be Placed Under Full Management if owner does not wish to participate in the day-to-day operations
- Virtually No Selling Required
- An Extremely Systemised Business - making it easy to learn and operate.
The sale of this business represents a rare opportunity to become a member of a HIGHLY PROFITABLE, competitor friendly, group of In-door Sport Centre businesses which boast a near monopoly over their immediate respective market locality.
This tightly held business has had the same owners for over 20 years, is a living testament to its easy lifestyle operations, and it is only due to the owners changing personal circumstances that’s precipitating a sale.
Built specifically as a MULTI-PURPOSE INDOOR SPORTS FACILITY, this business not only caters for a range of competition sports, but it has over 350 Sports Player Members under written agreement who use the centre in competition sport. There is no doubt about it! - We live in a growing sport/health conscious society, that provides this business with a never ending line-up of customers who are eager to play competitive sport at all ages.
And that is what makes this a superb business that will impress the most studious buyer.
Unlike wholesaling and manufacturing businesses that must set aside (in addition to the purchase price of the business ) large sums of money to service credit terms on account paying customers, this business collects cash (or COD ) from 99% of customers/Sports Players in-advance for use of the facility. To find a service business that requires little or NO working capital on this feature alone, will be hard to find.
ABOUT AS GUARANTEED - AS IT GETS
Players and their teams sign season agreements, offering a high level of security and predictability of income. All senior teams pay for their game on the day or night of play, cash in hand, while junior teams pay for their season in advance.
MINIMAL COMPETITION – BARRIERS FOR NEW COMPETITORS
The business has a MONOPOLY CATCHMENT AREA in its immediate geographic location since the clients who use the facility generally live within a 10 to 15 km radius. There are no other Recreational centres with the same facilities in close proximity and it’s highly unlikely any new centre will be built due to the prohibitive costs of building a centre from scratch.
SYSTEMISED – SYSTEMATIC = AN EASY TO LEARN BUSINESS
This business is extremely easy to operate and the buyer needs NO special or technical skills to successfully manage the day-to-day operations. This is also proven by the fact, new employees can be trained in a short time frame. The owners key role will be overseeing the daily operations, being friendly to customers and replenishing stocks applies as well as general administration duties.
ESTABLISHED 22 YEARS – 350 CONTRACTED CUSTOMERS
Further limiting risk, the business boasts a massive set weekly repeat order customer base (under written agreements) that currently exceeds some 3000 sports players. Even better, the Arena is a magnet to over 300 visitor/spectators using the facilities on a weekly basis who also purchase goods from the centre’s shop and licensed bar.
LONG SECURE LEASE IN PURPOSE BUILT FACILITIES
The business operates from purpose-built facilities which would cost hundreds of thousands of dollars to replicate in today’s market, further ensuring that future competition in its immediate geographic area is highly unlikely for this business.
The business has a long lease in place and with a private landlord there are opportunities to potentially extend the lease further if the buyer so wishes.
POTENTIAL TO PLACE UNDER FULL MANAGEMENT
The business is being sold on the basis of One Working Owner working during normal daylight hours, with staff managing the business for the evening events. However, given the simple nature of the business operations, this business could easily be placed under full operational management with a minimum of staff restructuring.
LONG LIFE PLANT AND EQUIPMENT
This business has plant and equipment that has an extremely long life and because the annual net profit takes into account general repairs and replacements, there has been no need to hold back large sums of money for future equipment replacements.
NO IMPULSE CUSTOMER BUYING - IT’S A PLANNED EVENT
Being different to most other businesses, this business is not reliant on passing trade and draws customers over many suburbs - the fact that some travel 20 kilometers to play at this center speaks for itself. More importantly, the Buyer will have total confidence that the current profits are maintainable as the accountants due diligence can verify each competing teams revenue will match players signed agreements. Try and find this security in any other business!
EXCELLENT SYSTEMS AND PROCEDURES HAVE BEEN DEVELOPED
This allows the business to run successfully when the owner is not in attendance. All key staff are mature and understand what needs to be done to run the business, allowing the owners to take time out of the business.
ENDORSEMENT OF THE ASKING PRICE
At Performance Business Sales, we have an excellent record in the sale of indoor sports centres. Having sold five of these businesses over the past 15 years, we can provide clear evidence that the ROI (return on investment ) percentage that was used to calculate the asking price of this business is accurate. In fact, the last two indoor sports centres were sold on ROI’s of 28% and 30% making this business at 33% a real bargain.
THIS BUSINESS IS A CLEAR CHOICE...
... OVER OTHER BUSINESS INDUSTRIESUse the list below to compare with other wholesale and manufacturing businesses you may be considering:
1. Very few wholesalers or manufacturers could substantiate a massive 76% gross profit margin
with only four
permanent casual staff.
2. Unlike Most Wholesalers And Manufacturers, this Business Requires Virtually No Working Capital
Requirement due To 99% Of Clients Paying Cash.
3. Compared with most wholesalers this business has no reliance on product supply.
Wholesalers who have a dependency on key product supply agencies run a great risk if an important agency is lost or the terms are substantially changed.
4. Staff require no special skills -
most manufacturers and wholesalers normally require specialist staff with a product understanding, or in the case of manufacturing - tradespeople which can be often hard to replace when someone decides to leave.
5. This Business Has No One Customer Representing A Large Percentage Of Sales,
whereas most wholesalers and manufacturers usually have at least one major customer they have a dependence on. The loss of any large customer can greatly reduce the profit in a business. The simple fact that this business has no one customer representing a large portion of sales is a key feature in itself.
6. There would be few, if any wholesalers and manufacturers who could match this business on its low operating costs.
7. This business does not employ sales staff.
Wholesalers who employ sales representatives, run a high risk that sales can reduce with the loss of a sales person - this is a major problem if the sales representative is employed by a competitor.
8. This business records no bad debts.
Wholesalers and Manufacturers often can have a high bad debt exposure due to large orders and large customers who represent a large proportion of sales.
9. With only $6000 in trading stock,
this business generates sales in excess of $1 million. Most wholesalers and manufacturers require substantial levels of stock which unfortunately ties up capital.
10. Lifestyle freedom is something everybody wants but rarely gets
in a business. Unlike most wholesalers and manufacturers where the owner is on continuous call, this business allows the owner to work flexible hours
that suits his/her lifestyle. In fact, if the new owner did not wish to work in the business full time, there is the opportunity to place the business under full management
_________________________________________________________________DETAILED BUSINESS REPORT NEARING FINALISATION.Register Your interest Now
– report will be available in approximately 2 weeks!
This business is currently in our report production phase and is due to be released to registered Buyer’s on the 15th of August 2014
when the current 2014 financial year’s accounts have been completed. Please note – the net profit and asking price is only approximate at this stage and is subject to change (up or down) depending on the accountants 2014 adjusted net profit.Only registered Buyers
will be given first preference on this outstanding business.So to avoid disappointment
we ask that you register your interest
by clicking the “email me” link below my photo.Email Me
now and I will give you along with other registered buyers a 7 day lead time prior to the business being offered to our general buyer database.Graham Nankivell