$2,499,000.00
Asking Price
Status: Active
Posting ID: 272590
8/12/23
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 overview
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 Comments
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.
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
Fulltime 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/mo rent.
Financial Information:
Asking Price: $2,499,000.
Gross Revenue: $2,645,176.
Cash Flow: $536,792.
Down Payment: 0.
FF&E (Included): $400,000.
Inventory: $500,000.
Financing: No
To get more information about this Sporting Goods Store - Semi Absentee, 77 Years Est 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, 77 Years Est, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $2,499,000.00
Down: Call/Email
Cash Flow: $536,792.00
Revenue: $2,645,176.00
Area: Siskiyou County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Down
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Down
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Revenue
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Down
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