Company history/background
This sports complex was established in 2020, when padel was developing nationally from a niche sport into a rapidly growing leisure activity.
In a short period of time, a new padel club was built from scratch featuring both several high-quality indoor courts and outdoor courts.
A modern bar with hospitality activities was also set up.
Company activities
Since its inception, this club has steadily grown to a membership of approximately 350 people.
The youth program is recognized as unique in Flanders.
Numerous tournaments, corporate events, and partnerships support the operation, making it a profitable endeavor.
The annual turnover averages approximately 500,000 to 550,000 EUR.
with an EBITDA margin of approximately 10%.
The company is based in the province of East Flanders and is located in a fully converted commercial building that is leased.
All permits for the operation are in order.
The building comprises a warehouse + catering space and has a total surface area of approximately 2,167 m².
There is ample parking space around the building.
Unique selling points
Sports club with great appeal.
High level of recurring revenue.
Strong diversification of income streams.
Continuously growing number of members.
Strong youth program.
Other
Reason for sale = due to the steady growth and professionalization of the club, the current owners can no longer combine this with new opportunities.
The aim is to sell 100% of the shares of the very sound company, including the available working capital.
The current owner is willing to guide the acquiring party in transferring knowledge and contacts.
The period and modalities in which this can take place are open to discussion.
All acquisition modalities are open for discussion.
Interested? Then respond to this profile and a detailed memorandum can be made available.
Personal data
- MBI candidate
- Strategic acquisition
- Investor