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Barney's Bullpen

Company Summary

Barney’s Bullpen will be a for-profit Texas corporation. We will lease an approximately 15,000 square/ft. facility to provide a climate controlled, well-equipped, central location where baseball enthusiasts can come to learn and to practice their baseball and softball skills. This indoor facility will include:

  • Iron Mike hitting lanes.
  • Individual lanes with portable mounds for pitching or “L” screens for live hitting practice.
  • Utility lanes for a variety of drills.

In addition, Barney’s Bullpen will provide these additional services:

  • Locally recognized instructors to facilitate clinics for players, coaches, and umpires
  • Private instructors for one-on-one hitting and pitching lessons.
  • Video analysis of both hitting and pitching.

Due to the growth of youth sports and the unpredictable weather in North Texas, indoor facilities are needed to allow our youth to be competitive with teams with access to year-round training facilities.

2.1 Start-up Summary

We need less than $80,000 of start-up funding to cover the costs associated with opening our business. We will finance these start-up costs through investment and an SBA loan. The details are shown in the following table and chart.

Baseball batting cages business plan, company summary chart image

Start-up Expenses
Legal $0
Advertising $2,500
Utilities/Deposits $2,500
Insurance / 1 yr $10,000
Special use permit $1,100
Rent Deposit $6,250
Contractor services $3,500
Freight Charges $2,000
Other $0
Total Start-up Expenses $27,850
Start-up Assets
Cash Required $3,000
Other Current Assets $11,150
Long-term Assets $36,000
Total Assets $50,150
Total Requirements $78,000
Start-up Funding
Start-up Expenses to Fund $27,850
Start-up Assets to Fund $50,150
Total Funding Required $78,000
Non-cash Assets from Start-up $47,150
Cash Requirements from Start-up $3,000
Additional Cash Raised $0
Cash Balance on Starting Date $3,000
Total Assets $50,150
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $70,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $70,000
Planned Investment
Barney Crouch $2,000
Jen Crouch $6,000
Additional Investment Requirement $0
Total Planned Investment $8,000
Loss at Start-up (Start-up Expenses) ($27,850)
Total Capital ($19,850)
Total Capital and Liabilities $50,150
Total Funding $78,000

2.2 Company Ownership

Barney’s Bullpen has been created as a Limited Liability Corporation based in North Dakota, owned by Barney and Jen Crouch. The legal name is listed as Barney’s Bullpen, LLC.