Sporting Goods Franchise - 25 Years in Market - Growth Potential!

Mount Laurel, NJ (Burlington County)

Turn Key - Fully Stocked - Step Right In!

Asking Price:$100,000

Cash Flow:N/A

Gross Revenue:$560,000

EBITDA:N/A

FF&E:$15,000

Inventory:$120,000*

Established:1991

*not included in asking price.

Sporting Goods Franchise - 25 Years in Market - Growth Potential!

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Business Description

One of the oldest, most established Play It Again Sports franchises in the country is available for sale. Located in an active, sports oriented community which supports surrounding township recreation and high school programs in a 20 mile radius. This local business is buried in the forefront of the community with established team relationships in the categories of ice hockey, street hockey, roller hockey, baseball, lacrosse and more.

This business opportunity can provide someone a rewarding career as an entrepreneur involved in supporting the local kids and high school athletes as it did for the existing ownership team who are approaching retirement.

If you have a passion for sports, energy to manage and grow your own business and are looking for a turnkey operation with a defined business model, check out Play It Again Sports Mt. Laurel!

Detailed Information

Inventory:
Not included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This store has been in the same great location for 24 years. Situated at the intersection of a major highway the traffic counts are excellent. The NJ State Turnpike and Route 295 are located a mile away making store access from afar very convenient. The store contains a 3,300 sf low cost lease that will be renegotiated by the buyer. The site is situated in a central location to 15 local high schools all within a 10 mile radius.
Competition:
Traditional competition from Big Boxes such as Dicks are in the area so the point of difference we have is superior customer service and league networking. We are the neighborhood sporting goods store where families can shop and know they're getting the right gear for the right price from staff members who know what they're doing. The recent announcement of Sports Authority closing provides an excellent opportunity to gain market share. Because Play It Again Sports purchases equipment from the consumer, we have created a special niche in the industry. Our customers recycle their equipment year after year, season after season which creates tremendous value for the community. Superior customer service is also a key ingredient in keeping our customer loyalty for nearly 25 years
Growth & Expansion:
The Play It Again Sports business model calls for expansion in two major areas that include team business and the expansion of used equipment acquisitions. Both areas are virtually untapped and the management team has not yet ventured into the soft goods sales of uniforms. Energy from new ownership will most certainly create growth in revenue.
Support & Training:
Training is required and provided by Franchisor upon transfer. Ongoing support in marketing, advertising, merchandising, inventory and financial management and more are provided by Winmark through field visits, semi-annual conferences, trade shows and regional meetings. New product buying group keeps all Play It Again Sports franchisees competitive with the big boxes on new product.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsportsmtlaurel.com

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Pete First

Business Listed By:
Pete First

Winmark Corporation

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