Our

Process

If you’re looking to potentially sell your tennis or racquet club, where do you begin?  EKM Sports can help.

We work with owners of tennis facilities like you to get you an initial valuation with no obligation to sell to us.  We also will help you understand the normal process of buying and selling an indoor tennis operation.

Our process to buy and sell tennis clubs is simple. We set up a high-level meeting with you, put an NDA in place, and conduct a basic valuation of the estimated price range of the assets in question.  There’s also a non-binding letter of intent involved if both parties involved have agreed on a price range.

Learn more about our process and how you can benefit from it by getting in touch with us today!

02.

A high-level discussion takes place around the goals of both parties

05.

If we initially agree on a price range for the club in question, we will send out a non-binding Letter of Intent (LOI) to the club owner(s) to be shared with whatever parties or professional representatives deemed appropriate by the club owner(s).

01.

Club owner(s) reach out to us via an email or phone.

03.

A non-disclosure agreement (NDA) is put in place.

04.

We do a basic valuation* of the operation, and generally provide an indicative price range for the assets.

06.

If both parties agree to engage, they must do so with their own legal and accounting professionals. Applicable legal documents are then put in place, and a full due diligence process begins as the first step in the sale process.

01.

Club owner(s) reach out to us via an email or phone.

02.

A high-level discussion takes place around the goals of both parties.

03.

A non-disclosure agreement (NDA) is put in place.

04.

We do a basic valuation* of the operation, and generally provide an indicative price range for the assets.

05.

If we initially agree on a price range for the club in question, we will send out a non-binding Letter of Intent (LOI) to the club owner(s) to be shared with whatever parties or professional representatives deemed appropriate by the club owner(s).

06.

If both parties agree to engage, they must do so with their own legal and accounting professionals. Applicable legal documents are then put in place, and a full due diligence process begins as the first step in the sale process.

* We use numerous metrics in our valuation process, but are highly driven by historic EBITDA.