Long Time, Profitable Sporting Goods Store For Sale
Business Description
OPPORTUNITY:
This business is a sporting goods store that has been in operation since the early ‘90s. It is located in one of the fastest growing cities and markets in the state. This business services individuals, teams & leagues for all sports and all ages. It attracts customers from a 60 mile radius. The company also has a website integrated with Shopify which supports a robust E-commerce platform.
The current owner has operated the business since midway through 2023. This business assisted his transition from active military duty to civilian life.
FINANCIAL HIGHLIGHTS:
1. Two year average revenues are over $530,000.
2. Two year average cash flow is approximately $70,000.
3. Inventory levels remain around $185,000 - although does fluctuate.
ASKING PRICE
$310,000
Assets Included
Inventory = $166,337
Equipment (FMV) = $85,168
This business is a sporting goods store that has been in operation since the early ‘90s. It is located in one of the fastest growing cities and markets in the state. This business services individuals, teams & leagues for all sports and all ages. It attracts customers from a 60 mile radius. The company also has a website integrated with Shopify which supports a robust E-commerce platform.
The current owner has operated the business since midway through 2023. This business assisted his transition from active military duty to civilian life.
FINANCIAL HIGHLIGHTS:
1. Two year average revenues are over $530,000.
2. Two year average cash flow is approximately $70,000.
3. Inventory levels remain around $185,000 - although does fluctuate.
ASKING PRICE
$310,000
Assets Included
Inventory = $166,337
Equipment (FMV) = $85,168
About the Business
- Years in Operation
- 33
- Employees
- 3 (2 Full-time, 1 Part-time)
Owner is daily operator. - Facilities & Assets
- The business operates out of a large and well designed 5,000 sf retail space in a small strip center. There is a large retail floor in the front of the store, with a large space for inventory storage in the back.
Assets transferring with the business have a fair market value of $85,167. This equipment includes a high-valued embroidery machine, commercial style color printers and engraving equipment and kits. - Opportunities for Growth
- 1. The company could focus efforts on embroidery and engraving services.
2. Corporate swag and apparel is a market this business could easily tap into. There is a high demand for these corporate services in this market.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $3,590.00 per month
About the Sale
- Seller Motivation
- Pursue other business ventures.
- Transition Support
- The seller will negotiate a fair amount of time to train and facilitate the transition for the buyer.
- Financing Options
- Potential SBA Financing
Listing Info
- ID
- 2525099
- Listing Views
Listing ID: 2525099 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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