Sarasota Sports Club, Inc.
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Sarasota Sports Club, Inc. - overview
Location
Sarasota, FL, US
Primary Industry
Travel & Leisure
About
Based in Florida, US, Sarasota Sports Club, Inc. , formerly known as Serendipity, operates as a private tennis and fitness club. In 2014, JAL Equity acquired Sarasota Sports Club. As of 2022, the company is partnered with the Sarasota Community Tennis Association (SCTA), and the SCTA manages the day-to-day operations of the company.
Sarasota Sports Club, which is affiliated with the Sarasota Community Tennis Association, operates 19 HarTru tennis courts (15 lighted), a 3,600-square-foot fitness center, a 30,000-square-foot clubhouse, a junior Olympic-sized pool, a bar/restaurant, banquet rooms, and conducts member events, as well as training services for its clients, such as its junior academy, private tennis lessons, and certified personal training, among other things. The company generates revenue by charging a three-tiered monthly or yearly subscription for its facilities: unlimited for a single person, USD 387. 00 + tax (2 months dues + 2 months club improvement fund fee + USD 10 setup fee); athletic for a single person, USD 128. 50 + tax (2 months dues + 2 months club improvement fund fee + USD 10 setup fee); and pro for a single person, USD 27.
00 + tax (2 months club improvement fund fee + USD 10 setup fee).
Current Investors
JAL Equity
Primary Industry
Travel & Leisure
Sub Industries
Education & Training Services, Restaurants & Nightlife, Recreational & Entertainment Facilities, Fitness & Wellness Facilities
Website
www.sarasotasports.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Sarasota Sports Club, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Sarasota Sports Club, Inc. | - |
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Sarasota Sports Club, Inc. - employee data
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