Asking Price:

$300,000

Gross Income:

$1,580,000

Cash Flow:

N/A

FF&E:

N/A

Inventory:

N/A

Real Estate:

N/A

Year Established:

2004

Employees:

4-6

Business Types:

General Merchandise Stores
Miscellaneous Retail

Business Description

Only retirement and the desire to downsize from 27 stores brings the Vero Beach, Stuart and Port St. Lucie Play It Again Sports store to the market. With a home base in the Lakeland area, these three stores are a simply outside the geographical area of the seller's other locations.

The Stuart location is in a very visible strip center right on S. Federal Highway. The signage on the building is a huge parapet roof addition that really sticks out from the rest of the center. The store has been at the same location since 2004 and has a very reasonable lease. The Stuart store has done as much as $780,000 in past years and is very rooted in the community and league business.

The Vero Beach location is in a high profile center next to the Vero Mall. This store is a very high volume holiday store due to Best Buy and the mall and does league business in all southern sports. A local owner will reap immediate increases in this location.

The Port St. Lucie store is in a Beall s center across from the Mall on Federal Highway. The store is the focal point of the center when you drive in. This location has struggled due to difficulty finding the right manager to run the store. With four different managers over the past four years consistency has been a challenge. Local ownership should rectify this problem without issue. Port St. Lucie is a great family city and for someone that knows the area the store has huge growth potential. The Beall s is one of the chains most profitable stores.

A local owner operator in this store and market in general has a HUGE upside to increase market share, sales and profits.

Detailed Information

Facilities:

Three stores are in a very high profile desirable market in southeast Florida. All fixtures and computers are included in the purchase price. This stores have been in the same centers for at least 5 years and have great customer following. We do a lot of business with local leagues in all the major team sports.

Growth/Expansion:

Candidate approval is based on an additional investment in working capital, inventory and store upgrades which are required by the franchisor.

Support/Training:

Training required by franchisor upon transfer. On-going support in advertising, marketing, merchandising, inventory and financial analysis, conferences, trade shows, buying group and more.

Reason Selling:

Retirement and Downsizing Operations