MINOR LEAGUE BASEBALL FRANCHISE – OAHU TERRITORY
Seller:
Attn:
Steve Abdalla
Location:
Honolulu, HI, USA
Listing Number:
38926897
Overview of the Business:
Live the Dream: Own A Minor League Baseball Team in Honolulu.
Select opportunity to own and operate a professional baseball team in Honolulu as part of the Golden Baseball League (GBL), the premier professional independent league in the World. The GBL has ten teams across western North America and Hawaii including an existing team just launched on the island of Maui. Players are experienced professionals with minor and major league experience. League veterans include Jose Canseco, Rickey Henderson, Jose Lima, and Hideki Irabu.
Features of the business:
• Strong counter cyclical business model with affordable family entertainment as key value proposition (i.e., League attendance was up over 30% in current recessionary environment).
• Top notch baseball with many MLB players whose contacts are sold back to MLB organizations (i.e., League sold 30 player contracts in 2009 to MLB clubs).
• Key revenue streams are ticket sales, concessions, and sponsorship. Typical teams do between $1M and 3M in revenue depending on location.
• Honolulu is attractive market with 1MM+ population, strong business base, and solid track record and history of baseball with the Hawaiian Islanders (Top drawing Triple-A team in US in 1980s).
• Low operating budget and synergies with existing Island team in Maui.
• Only opportunity for professional sports ownership on Oahu.
• Play at beautifully renovated Les Murakami Field with picturesque Diamond. Head over the right field wall.
• Interact with MLB teams as key vendor on player sales.
Additional Details:
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