For Sale: Sporting Goods, Convenience Store - 32 Years - Calaveras County

Current Status: Active     Posting #: 265044     Last Refreshed: 6/20/21    
This Northern California based Sporting Goods & Convenience Store has been in operation for over 32 years at one of the premier lakes in Northern California. It is a sporting goods store, gas station, deli and all of the other things such as tackle, marine supplies, lake toys, camping gear and many other things, include an ATM machine. The lake it is established near is famous for bass, trout, kokanee and crappie, and features multiple tournaments throughout the year. Situated in a family vacation hot spot, this business has multiple revenue streams and is a staple in the community.

Competition Description

This business is the largest tackle dealer in the area, and also has the largest drive thru for Commercial Trucks, RVs and personal trucks / trailers for gas needs. They stock marine/RV parts, with no one in a 40-mile radius. There is a RV park 0.25 mile away that brings in campers and short-term residence individuals.

Growth / Expansion overview

Current marketing consists of the website, word of mouth and local periodical advertisement. There is a tremendous growth opportunity by increasing the hours of operation, increasing deli operations including catering, sponsoring your own angling tournaments, ammo sales and many other ideas.

Support / Training Comments

The Sellers are willing to provide training for up to 4 weeks at 24 hours per week.

Financing Comments

Total purchase price would include all inventory (in store inventory and fuel inventory), ATM Cash (approximately $5,000), Cash in Drawer ($3,390) and backup generator and connections. Financing of 10% of purchase price is financing inventory. In Store Items. Buyer to pruchase drink, food @ 25% discount, balance of inventory @ 40% discount secured by business assets. FF&E (Included): $100,000. Inventory: $150,000. Financing: Yes

Reason For Sale
Sellers are looking to retire

Home Based: No
Year Established: 1988
Franchise: No
Year Acquired: 2015
Willing to Train: Yes
Relocatable: No
Required Licences: ABC 20/40, Live Bait, Cigarette, Tobacco
Is Property Leased: Yes
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Days Open: Monday-Sunday
Hours Open: 6am to 5pm
Fulltime Employees: 2
Part time Employees: 4
Is Management Staying: No
Distressed: No
Monthly Payroll: ON REQUEST
Building Size: 3700 sq./ ft
Monthly Rent: $4,415.00
Lease Expires: 03/31/2021

Broker: ProEquity Asset Management Corporation. License ID: 01870526