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Business for Sale Summary

Sporting Goods - In Store and Online - 34417

Business Type: amusement parks/arcades/recreation,apparel and accessory store,entertainment,health/beauty/nutrition supply,internet businesses,internet consumer services (b2c),misc. internet/technology/non-classifiable,misc. retail/non-classifiable,other personal services,sporting goods/ exercise/ gyms
Sporting Goods  - In Store and Online
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This business has received 35 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $390,000 Down Payment $390,000
Gross Revenues $1,150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $190,000 Number of FT Employees Register Free to View

Financing

$390,000 Down and None.

Business Description

Sporting Goods Specialty Store with a new reduced asking price. Motivated Seller! Established in 1981, the store has consistently offered high quality goods and customer service to customers both in person and on-line. As with most businesses they did experience a downturn in sales in 2020 due to Covid but 2021 showed a nice bounce back with Gross Sales of over $1 mil and the trend should continue into 2022, especially considering it's a World Cup year, the biggest sporting event in the World. The business is fully staffed with 2 FT and 4 PT employees. The landlord is willing to offer brand new lease to a well-qualified buyer. The total rent amount is currently $5,500/month. The store retail space is 3,500 sf. We are seeking a serious and financially qualified buyer with at least $390K in liquid funds to cover the asking price plus inventory. The inventory number is negotiable with the owner, who is willing to finance the final amount. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.