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Well Known Sporting Good Stores- 18942

Broward County, FL (Broward County)

Seller Financing Available

Asking Price: $3,950,000

Gross Income: $7,039,951

Cash Flow: $779,057


FF&E: $4,295,000

Inventory: $1,100,000

Real Estate: N/A

Established: 1970

Employees: 30

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Business Description

Well known branded retailer of sporting goods. Multiple class A locations. Year over year growth. Tax Return Records. Important dealer lines will transfer to Purchaser. Business being sold debt free and with inventory of $1.1MM (Seller cost). Large database of customers. Lender pre-qualified under SBA 7A loan program (debt service does not inc. working capital, closing costs, fees, etc.). Purchaser to qualify with Broker and be approved by Seller prior to disclosure and issuance of offering memorandum. Please refer to listing #16418942 & ask for Randy Bring when inquiring.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
43400 sq. ft. @ $77351/mos.
Growth & Expansion:
$3,555,000 @ 6% for 72-120 mos= $41,628.77/mos.
Support & Training:
Seller will train for 4 weeks
Reason for Selling:
Owner has met professional objectives
Contact Business Seller

Ad#: 722351

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from currently available funds
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Randy Bring

Business Listed By:
Randy Bring

Transworld Business Brokers, LLC.

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Sponsoring Broker:
Andrew Cagnetta