Sports Coaching Company for Sale in Roswell, USA
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.8 thousand |
Run Rate Sales | Nil |
EBITDA Margin | 10 - 20 % |
Industries | Mobile Apps + 1 more |
Locations | Roswell |
Local Time | 12:56 PM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- In short, our platform allows NCAA athletes (around 40-50) to connect with local parents of youth athletes and earn money providing one-on-one training services to those youth athletes. Importantly, we presented our platform to the NCAA, and Division I, II, III institutions throughout the country (including the University of Georgia, Penn State, Georgia Tech, University of Florida, University of Illinois and the list goes on), all of which confirmed the platform is compliant with NCAA rules, allowing us to on-board NCAA athletes. We maintain a positive, open dialogue with the NCAA and its member institutions.
- There are approx. 200+ users signed up on our platform which includes 40-50 NCAA athletes and 150-160 parents of young sports enthusiasts. The classes are offered offline and the venue is decided by the athletes and the parents. We charge a subscription fee for NCAA athletes to register and provide services through our platform and the parents are charged a service fee by the athletes out of which we take a commission.
- During our market testing phase, about 11% of the NCAA athletes at a "test University" signed up to provide training services. With over 480,000 NCAA athletes in the US, we are excited to maintain that customer acquisition rate. Athletes around the country are beginning to sign up through organic, word of mouth interest in the app, and compliance offices at various universities have begun to organically reach out about including their athletes.
- Our reputation as a trustworthy platform is beginning to pay dividends. The platform is fully functional and has facilitated training sessions in our test markets. The key now is sales and marketing execution. We could not be more thrilled about the timing, given the upcoming NCAA rule changes regarding name, image, and likeness of NCAA athletes. Our company has been and will continue to be a part of that conversation.
- Importantly, we are an early-stage startup. Thus, up to this point, most of our time was spent testing the platform, ensuring that a market exists, and establishing a trustworthy relationship with the NCAA and member schools - all of which has been successful. That said, because our business model relies on volume and because testing thus far remained intentionally small scale (specially with COVID-19 still hindering the sports world), our revenue is low. However, as word begins to spread, and as we refine our sales and marketing efforts to ensure the app reaches more athletes, we expect revenue to multiply rapidly. In short, we want to ensure we have the resources to support the impending marketing efforts and subsequent influx of users.
- As a company providing a solution to the hot button "student athlete compensation" issue, our brand and solution has the potential to go viral - several small media outlets have already written stories about our mission.
2. B2B reporting platform for member institutions.
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Earlier than 15 daysIndividual Advisor, Mesquite, Financial Consultant connected with the Business
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Earlier than 15 daysM&A Business Broker, São Paulo, Business Broker connected with the Business
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Earlier than 15 daysFounder, Bangalore, Financial Consultant connected with the Business