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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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Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
Gross Revenues $1,700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $210,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and None.

Business Description

Two Specialty Sporting Goods Stores. Package Deal or buy only one store. Established in 1981, these stores have consistently offered high quality goods and customer service to customers both in person and on-line. Total gross sales were over $2mil pre-Covid. As with most businesses they did experience a downturn in sales in 2020 due to Covid. 2021 has shown a nice bounce back with year end sales expected to hit $1,700,000.00 gross. 2021 net profits should reach $210K. This trend should continue into 2022. The landlords for both locations are willing to offer brand new leases to a well-qualified buyer. Total rents amount to $9,200/mth. Each store is 2,500 sf. The owner is willing to sell only one store or both as a package. We are seeking a serious and financially qualified buyer with at least $900K in liquid funds to cover the $600K asking price and at least $300K for inventory. If purchasing only one store, the inventory would be roughly half. 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.