SPORTING GOODS - VALENCIA/SANTA CLARITA
Seller:
Not Available
Location:
Valencia/Santa Clarita, CA, USA
Listing Number:
"PIASCA2"
Overview of the Business:
This is a fifteen year old business in a fast growing suburban Los Angeles community. It is located in a prime neighborhood shopping center one mile from the major regional mall. Other tenants include a national grocery store, drug store, and Star bucks. Inventory consists of 80%-85% new product and 15%-20% used. Major categories include fitness, baseball, softball, golf, hockey, skates , soccer, snow and water sports. Seller will consider being an employee/consultant for new owner if an agreement can be made. Sale price is significantly less than what it would cost to start a Play It Again Sports from scratch. 10 year franchise agreement, 4% royalty. Sale price includes $20,000 FF&E, $85,000 inventory. Take advantage or our unique business model of buy, sell, trade. In this or any economy, the Play It Again Sports business is a home run!
Property Features and Assets:
Located in a busy neighborhood strip mall. Store is 4,072 square feet with changing room, restroom, service room and storage area. Walls are lined with white slat wall for product display along with plenty of grid and display racks. Also comes with a skate sharpening machine, skate bake oven and letter/number heat press. Lease expires in two years which gives the owner flexibility to negotiate a new one at the time of sale. In a down lease market this is a great opportunity to renegotiate or entertain relocation.
Market Competition and Expansion:
Fast growing suburb, lots of young families. Minimal competition. Expansion into the eastern and northern part of the valley is possible within the protected territory of the franchise agreement.
Additional Details:
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