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Modesto, Stanislaus County, California
Asking Price
$60,000
Revenue
Call / Email
Down
Call / Email
Cash Flow
Call/Email
Posting ID:
274673
Business Category:
Retail
Business Types:
Smoke Shop, Tobacco Store
Keywords:
smoke, modesto, stanislaus
Attributes:
Training And Support
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100+ Years of Excellence: Premier NorCal Team Sports & Custom Apparel-SC2228 Financial Information Asking Price: $570,000 Cash Flow: $140,000 Gross Revenue: $950,000 Down Payment: $570,000 This retail hybrid sporting goods store is a Northern California C Corporation and has been in operation for the past 102 years (started in 1923) and under the current ownership for 37 years. The offer multiple revenue streams at this store, including screen printing, embroidery, vinyl heat press, team uniforms and equipment as well as webstores. Equipment and uniforms for baseball, softball, football, basketball, soccer, volleyball, lacrosse, hockey and track can all be found here. They offer Direct to Film (DTF) and also have on premise a large walk-in retail presence. Business Location City: Northern California State: California Reason for Sale The Seller is selling to retire. Detailed information Year Established: 1923 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 4 Part-Time Employees: 3 Contractors: N/A Owner Worked Hours/w: 30 Adjusted EBITDA: $120,000 Inventory Included: Yes Inventory Value: $125,000 Monthly Rent: $3,250 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 3000 FF&E Included?: Yes FF&E Value: $50,000 Training/Support The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. Market Outlook/Competition The North America sporting goods market size was valued at $137.2 Billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. In addition, the growing popularity of national and international sports events, such as the Soccer World Cup, Olympic Games, and Cricket World Cup, is further contributing to the growth of the sporting goods market in North America. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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