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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: retailing businesses,sporting goods/ exercise/ gyms,misc. retail/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $1,975,000.00

  • Gross Revenues

    $2,844,000.00

  • Financing

    $ 1,000,000.00 Down and Balance to be paid over 4 years. TBD over 1 million needed for inventory please have proof of funds

  • Owner's Cash Flow

    $667,500.00

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Business Description

Long Island Sports Dept store stocking a full line of sports items & clothing for every sport. They offer a tremendous variety of men's and women's performance and casual apparel. For athletes, they also carry performance apparel for every season by Under Armour, Russel, Easton, and many more! They have apparel to fit just about any style. Including everything ranging from urban apparel from companies like 212 NYC, Enyce, and Sean John, to the most popular of skate and surf apparel by Billabong, Quiksilver, Roxy, and Oakley. They sell almost any sporting type item from entry level to pro level. This is a extremely profitable business. Buyer will be responsible for purchasing very large inventory. This business has over 50 lines that cannot be obtained at any price! PLEASE BE ADVISED: The owner is willing to drastically reduce price of this business if TAKEN AS IS - meaning a decision to buy business is based upon what you come and observe, not any accounting and book keeping records. Quite simply, the owner says he no longer has the time or desire to go through what he believes to be the arduous and time consuming process of providing a lot of accounting and book keeping paperwork. If you are willing to come and spend time at the location and observe the operation for as long as is necessary to determine whether or not this would be a good investment - then the owner will accept a much lower price then the 1.975 Million that was originally listed. Call Broker, Ken Jones at 615-854-1173 to discuss this further.

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