Profitable Tennis Club in a perfect city for retirement.
| Asking Price: | $799,000 |
| Gross Revenue: | $270,000 |
| FF&E: | $25,000 |
| Established Year: | 2001 |
| Cash Flow: | $27,000 |
| Inventory: | $10,000 |
| Real Estate: | $700,000 |
Wonderful 3 acre facility with two indoor, three outdoor courts.
The Twin Lakes Tennis Club is a vibrant tennis facility with over 100 active memberships and over 250 players in a quaint town nestled in the Ozarks. Mountain Home offers world class healthcare, lower than average crime rates, top-ranked golf courses and is surrounded by water, including Norfork and Bull Shoals lakes, along with Norfork and the famous White River, known for its record trout fishing. There is no place like the Ozarks' natural beauty, with it's perfect combination of low cost of living and high quality of life, come enjoy all the outdoor activities the area has to offer! Members come from hours away in all directions to enjoy the facility.
The facility sits on a 3-acre lot with open space for expansion. Mountain Home is a thriving town where land is only becoming more valuable. Over 500,000 tourists visit each year for some incredible fishing and outdoor activities.
Twin Lakes Tennis Club has three outdoor asphalt courts for a total of 21,600 square feet. The two individual indoor court buildings occupy a square footage of 7,200 each. Located on the property is also a farm house that is currently used for the pro shop, compete with two bathrooms, a small space for employees, kitchen, players' lounge, basement and back patio.
Since 2021, the tennis club has seen a profit for eight out of nine quarters. The overhead is low and the limited payroll keeps expenses at bay. Today there are two tennis professionals as well as a few part-time employees.
Since the original purchase in 2021 additions include outdoor lights, better draining, additional bathroom, pro shop upgrades, resurfaced outdoor courts, landscaping, and land clean up. The current owner has invested $125,000 over the last three years to make the club great.
BUSINESS LOCATION
