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Spectacular Sporting Goods Store

Seller: Attn: Customer Service
Location: Not Disclosed
Listing Number: "RETL103"

Asking Price: $595000.0000 USD USA Dollars
Industry: Retail: Sporting
Reason for Selling: Retiring after fifty successful years of business
Year Established: 1960
Number of Employees: $13
Yearly Cash Flow: $280,000
Yearly Gross Income: $1,750,000

Overview:

A Fifty year old Sports Shop that offers a great selection of athletic equipment and sporting goods including sneakers, and a variety of recreational items. The center also offers lettering of team apparel and bulk sales to the general public, school systems and various private sports teams throughout the general area. The business has a gross income of $1,750,000 and a net 2008 yearly net income of $285,000. The seller is retiring after many successful years and will supply a full transitional training period and finance the sale to a qualified buyer. This is an excellent opportunity to own a well established and successful retail business with a solid and consistent net income to the owner operator.

Property Features and Assets:

This is a five star retail store that is centrally located in a vibrant downtown shopping area that services a large geographic area.

Market Competition and Expansion:

The expansion of marketing or internet services would greatly increase the earning potential of the business. This business is a five star retail store that services a large geographic area. A specialty of team lettering makes its services in high demand. Its large variety and selection of athletic equipment makes it stand alone.

Additional Details: