17441-590771

Listing Details:

• Business Category:        Construction       
• Price:                                    $990,000
• Gross Revenue:               $1,542,190
• SDE:                                    $262,411
• Seller Financing:            $99,000
• Reason for Selling:        Other Opportunities
• Location:                            MSP Metro
  
• Employees:                        13
• FF&E:                                 $88,982
• Support & Training:      4 weeks 
  
• Non Compete:                 100 Miles for 2 Years
  
• Years Owned:                  8

Business Description

This is a full-service athletic court construction company serving the Twin Cities metro. The only business in Minnesota that offers turn-key court building: site evaluation, excavation, concrete, asphalt, fencing, fixtures, and surfacing. Customer mix is roughly one-third residential, one-third municipal, and one-third school districts. Courts require a resurface every 3-7 years, meaning existing customers are a built-in recurring revenue pipeline.

Business History

The business has been operating for over eight years and has evolved from a narrow service offering into a full-service operation. The owner identified underserved demand early, built a reputation on quality and responsiveness, and expanded the service line organically as customers requested additional capabilities. The company now runs a team of three full-time employees and roughly 10 seasonal crew members out of a dedicated shop facility.

Competitive Analysis

Court surfacing demand is fulfilled by approximately six companies in the Twin Cities. This is the only operator offering turnkey hard-court construction: site evaluation, excavation, concrete, asphalt, fencing, surfacing, and fixtures. The pickleball boom is bringing first-time court buyers into the market. This company's reputation as the most capable, full-service provider positions it to capture the majority of that new demand.

Growth Potential

The business has grown on almost zero ad spend. There is opportunity in digital marketing, social media, and paid ads. The owner has run this business alongside a separate full-time venture; it has never had a full-time owner. Continue to grow with part-time oversight, or lean in full-time to accelerate growth. Demand for new pickleball courts is exploding, fueled by pickleball being the fastest-growing sport in the US. The company currently subs out excavation, concrete, asphalt, and fencing. Vertical integration of these trades would capture additional margin. Winter revenue is roughly 10% of the total, leaving room to grow through indoor projects and maintenance.

Facilities

Leased shop of approximately 4,000 square feet with two overhead doors and dedicated parking. Roughly two years left on the lease at $3,500 per month, which is below market. Strong landlord relationship.

Number of Employees

Managers: 1

Full Time: 2

Part Time: 10

Total: 13

Owner Weekly Hours

20-25