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SPORTING GOODS - NEW AND USED - BUY, SELL, TRADE

Seller: Not Available
Location: Raritan, NJ, USA
Listing Number: "PIASNJ1"


Asking Price: $130,000 USD USA Dollars
Industry: Retail: Sporting
Reason for Selling: Retiring
Year Established: 1993
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Well established, 17 year old business in an active regional sports community. This is a turn key sale with an established customer base. Store has a strong presence in Ice and Roller Hockey, lacrosse, baseball, golf and fitness categories with additional opportunities in each. This store has a tremendous reputation for servicing the hockey community. This has been a cornerstone of success for many years and is a large part of the business. National sporting goods retailer with over 375 franchise locations across the U.S. Cash in on Play It Again Sports unique business model of buying and selling new and used sporting goods. The time is right for this type of business!


Property Features and Assets:

Located in a busy mall area with a regional draw and high visibility. Easy access to store from all areas. A little over a year remains on the lease. 5 year option available. $7,600 per month including CAM. $130,000 asking price includes approximately $100,000 of inventory. 10 year franchise agreement, 4% royalty, protected territory, new product buying group, ongoing training, support and much more. Franchisor requires training upon transfer and may require an additonal investment in working capital and inventory.


Market Competition and Expansion:

Regional market with one of the highest per capital incomes in the country. Sales could increase by expanding fitness category. May have expansion possibilities in the adjacent retail space. Team sports and recreation are also categories ripe for new business. Limited big box competition.


Additional Details:


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