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For Sale: Sporting Goods Retail With Real Estate - Pinole

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Current Status: Active     Posting #: 240129     Last Refreshed: 5/16/18     BRE License #: 01731143    
Contact: Phil Holt At 510-523-0232 , 415-565-0232  -  Also Email This Contact Below
Price:  $1,998,500     Down:  Call     Adjusted Net:  $177,300     Revenue:  $829,000    
Business Address:  None Given     City:  Pinole     Zip:  None Given    
Attributes:  Training & Support, Real Estate Included, Owner Financing     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Phil Holt at 510-523-0232 and 415-565-0232.

  Description About This Posting: Sporting Goods Retail With Real Estate
SPORTING GOODS & SERVICES BUSINESS WITH REAL ESTATE

FINANCIAL INFORMATION
Asking: $ 1,998,500
Annual Gross Revenue: $ 829,000
Annual Net Cash Flow: $ 177,300
Furniture, Fixtures & Equipment: $ 125,000 (included in the price)
Inventory: $ 250,000 (included in the price)

GENERAL INFORMATION

Summary: This long-established retailer of sporting goods and services also sells sports uniforms, trophies, banners and promotional materials and provides sports-related services. Much of the sports gear and clothing can be customized by their high quality graphics and large format digital printing equipment. The Company enjoys lower wholesale costs of goods by virtue of its membership in a national co-op organization that maximizes its purchasing leverage, keeps it informed on industry trends and developments and streamlines ordering and payment procedures. This fixture of its community has close relationships with the schools and teams in the area. Its customer base includes individuals, companies, corporate teams, leagues, schools and community colleges. In-house services offered include screen printing, embroidery, laser engraving of trophies and plaques, signs, banners, decals, ad specialties and related, batting cages, etc. Its strategically located site enhances the value of the business. This is a package offering of the business and the real estate and the asking price includes both.

Location: It's on a main arterial, in a suburban city within the San Francisco Bay Area's East Bay region.

Facility: Approximately 5,300 sq. ft. main building houses retail, administrative and operations functions on a 26,136 sq. ft. lot. In addition, there is approximately 2,539 sq. ft. of second level unfinished space. There is also approximately 1660 sq. ft. of detached shop. An additional 12,400 sq. ft. on the property is used for related services provided to customers and for parking.

Growth: An energetic new owner will find exceptional opportunities for growth. The business has been built so far with virtually no marketing effort beyond its website, boosted primarily by word-of-mouth including Yelp reviews and the practice of working closely with local schools and sports teams. But sales can be increased just by increasing the days and hours open for business. The market area's sustained population growth, 'gentrification' and increased interest the health benefits of exercise activities will stimulate sales.

Competition: The other sellers of sporting goods in this region are primarily 'big box' chain retailers. There are none of them in the local marketplace, and none of them can compete with the Company's lower prices, quick turnaround on orders, and on the unique services offered by the Company.

Support: Subject to negotiation, the Seller will provide orientation, training, introductions, etc. as may be required for the business' successful transition to the new ownership.

Established: The Seller established this business in 1980.

Sale Reason: After almost four decades in the industry, the Owner/Seller is retiring,

Financing: The Seller may provide some financing to a well-qualified buyer with a substantial down payment.

Employees: The Company operates with a staff of 2 employees, plus the Owner/Seller.

To get more information about this Sporting Goods Retail With Real Estate business for sale in Pinole please phone Phil Holt (Broker - BRE License #:01731143) at 510-523-0232 and 415-565-0232 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #240129 on BizBen.com. In addition to phoning Phil Holt, make sure you email Phil Holt above to get more info about this Sporting Goods Retail With Real Estate, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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