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For Sale: Sporting Goods Store - Semi Absentee, Est 77 Years - Siskiyou County, California

$2,499,000.00

Asking Price

  • Status: Active

  • Posting ID: 272590

  • 2/8/24

Siskiyou County Sporting Goods Store - Semi Absentee, Est 77 Years Business For Sale

Description

There are competitors in the Snow Sports and Team Sports industry. In Snow Sports, there are some that are over 50 miles away, so they are not a real competition or they are too niche. In Team Sports, there are some competitors, but they don't offer extensive services. Due to the location of the facilities, they are the prime go-to location in the regions served.

Growth/Expansion:
Customers vary from kids, adults, sports teams, athletic enthusiasts, vacationers, etc. While winter months are their strongest season, they still have strong sales in the summer months due to the centrally located position in many vacation areas. There is competition in the market, but when it comes to snowboarding, skateboarding, wakeboarding, and outdoor apparel they are at the top of the selection. Their reputation for service and product offerings is well known. They are highly respected by their vendors and the retail community. You are basically getting 5 businesses under 1 roof: Retail, Trophy & Awards, Screen Printing and Embroidery, Team Sales, and Rental. Growth can be obtained by increasing marketing and expanding more beyond a board shop to other sporting areas like biking, kayaking, and other outdoor sports. Expansion into other colleges, high schools, and teams for uniforms and equipment could boost sales revenues even higher. Hiring additional outside salespeople to service the surrounding large geographic area is possible.

Support/Training: 
The Seller is willing to provide training for 4 weeks at 30 hours per week. Seller is willing to train for a longer period at mutually agreed upon terms with the Buyer.

Reason For Sale:
The seller wants to pursue other ventures.

Key Details:

  • Home-Based: No
  • Year Established: 1945
  • Franchise: No
  • Year Acquired: 1997
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licenses:
  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: N/A
  • Days Open: Monday - Sunday
  • Hours Open: 1/28:00 am to 6:00 pm
  • Full-time Employees: 13
  • Part-time Employees: 17
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: On request
  • Building Size: 10,000 sq. ft
  • Monthly Rent: $5,000
  • Lease Expires: 12/31/2025
  • Lease Miscellaneous: 1/22 locations - 5,000 sq. ft each, $2,500/m rent
  • FF&E (Included): $400,000
  • Inventory: $500,000.
  • Financing: No

CA 02100708
NV 1003039

To get more information about this Sporting Goods Store - Semi Absentee, Est 77 Years business for sale in Siskiyou County please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272590 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Sporting Goods Store - Semi Absentee, Est 77 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $2,499,000.00

  2. Down: Call/Email

  3. Cash Flow: $536,792.00

  4. Revenue:    $2,645,176.00

  1. Area: Siskiyou County

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & Support

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