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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
72
/100 score
Excellent

Sports Court Resurfacing

Riding the pickleball wave with a squeegee and a truck

Sports court resurfacing contractors apply specialized acrylic coatings and line markings to tennis courts, pickleball courts, basketball courts, and multipurpose surfaces. A single pickleball court conversion (stripping old lines, applying new coating, painting markings) runs $4,000–$10,000 per court. The pickleball boom has created a structural demand surge: the US had under 10,000 pickleball courts in 2019; that number now exceeds 44,000 and is still climbing. One resurfacing company grew to $25M in revenue in 2025 largely on pickleball court construction and resurfacing work. Courts need resurfacing every 4–8 years, creating built-in recurring demand.

Avg Revenue

$500K

Profit Margin

32%

Acquisition Multiple

2x - 3.5x

Startup Cost

$25K - $80K

Difficulty

3/5

How It Works

Crews prepare surfaces by power washing and repairing cracks, then apply 2–4 coats of acrylic resurfacer (color coat + textured coat), and paint sport-specific line markings. Job duration is 1–3 days depending on court count. Revenue model: municipalities and parks departments provide large contracts (10–30 courts at a time); private clubs and HOAs provide steady recurring work; residential installations are the fastest-growing segment. Upsell: new net posts, windscreens, lighting upgrades.

Revenue Range

Low End
$200K
Typical
$500K
High End
$2.0M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 238990 · All Other Specialty Trade Contractors

Deals tracked
692
261 in last 24 mo
Median loan
$664K
$304K–$1.7M p25/p75
Implied deal size
$781K
median · ~85% LTV
Charge-off rate
5.1%
of loans that finished

Deal Size Distribution

<$150K
64
$150K–500K
207
$500K–1M
151
$1M–2M
123
>$2M
147

Deal Flow Over Time

Deals per year · median loan
$616K
2020
68
$550K
2021
105
$671K
2022
88
$808K
2023
98
$709K
2024
134
$595K
2025
175
$1.2M
2026
24
12-month momentum
-35.8%
deal volume vs prior 12 mo
Median loan Δ
+47.1%
102 recent · 159 prior

Financing Profile

Median rate
9.50%
21% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
98%
of loans secured
Median jobs
10
supported per deal
Top lenders in this space
Live Oak Banking Company107
The Huntington National Bank98
Old National Bank27
First Internet Bank of Indiana19
Brookline Bank, a Division of Beacon Bank and Trust18
Where deals happen
FL105
TX49
CA48
MN38
PA29
CO29
NC28
IL26
WI25
NY22
Franchise vs independent
Franchised acquisitions finance at $614K median vs $675K for independents — a -9% franchise discount. Franchises make up 9% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025SC$3.0M$3.6M30
Dec 2025SC$500K$588K30
Dec 2025FL$5.0M$5.9M18
Dec 2025WA$1.1M$1.4M10
Dec 2025FL$150K$177K8
Dec 2025FL$891K$1.0M8
Dec 2025NV$4.0M$4.7M2
Dec 2025NV$250K$294K2
Dec 2025TX$500K$588K20
Dec 2025TX$2.9M$3.4M20
Volume rank #6/534Deal-size rank #281/534Momentum rank #194p90 loan: $2.8MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Pickleball boom creating structural demand surge — 44,000 courts and growing
  • +Courts require resurfacing every 4–8 years, creating built-in recurring demand
  • +Low material cost; high labor value per day (2–3 crew members can resurface 2 courts/day)
  • +Municipal and parks contracts provide large-volume, predictable work
  • +Expansion path into full court construction increases deal size 10x

Cons

  • -Weather-dependent — cannot apply coatings in rain or below 50°F
  • -Highly seasonal in northern states (6–8 month season)
  • -Competitive bidding process for municipal contracts can compress margins
  • -Crew skill matters — poor application leads to bubbling, peeling, costly callbacks

Best For

Contractors in paving, painting, or general construction looking to add a high-margin specialty service with a booming tailwind market

Operating Costs

Materials (acrylic coatings, crack filler, line paint) run 20–25% of revenue. Crew labor runs 35–40%. Equipment (power washer, squeegee systems, striping machine) is low-cost and reusable. Net margins for established operators run 28–35%. A 3-person crew can complete 2–3 jobs per week at $6,000–$15,000 per job.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$5K/mo
after debt service
Deal price — $780K
Range: $750K (2×) to $2.3M (3.5×+)
Down payment — 15% ($117K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$117K
15% equity injection
Loan amount
$663K
85% SBA-financed
Monthly payment
$9K/mo
$366K total interest
Monthly profit
$13K/mo
at 32% margin
Monthly cash flow after debt service
+$5K/mo
Down payment paid back in ~25 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell - Paving & Surfacing

Search for court resurfacing and sports surface contractor businesses for sale

American Sports Construction

Industry leader and benchmark for sports court construction and resurfacing scale

USA Pickleball

Track court expansion to identify geographic demand for resurfacing services

72/100Excellent

Acquisition Score

Profit margin
21/30
Entry multiple
23/25
Market depth
20/20
Risk (charge-off)
7/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$1.0M$1.8M

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