YTD Update Lincolns Only Hockey sales and services store

Lincoln, NE (Lancaster County)

YTD Update Lincolns Only Hockey sales and services store

Asking Price:$55,000

Cash Flow:$31,631

Gross Revenue:$99,000

EBITDA:N/A

FF&E:$17,000

Inventory:$25,000

Lease Rate/Sq. Ft.:N/A

Established:N/A

YTD Update Lincolns Only Hockey sales and services store

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Business Description

Financials updated to reflect 2016 business. Business is up 12% over last year and cash flow is up $20k.

This is a Retail business which needs to be purchased by a new owner that can take it to the next level and keep up with growth of the industry in Lincoln Nebraska. The current owner has the distribution rights to several product lines exclusively making them the local one stop shop for them. Those rights can be passed over to the new owner without having to pay the hefty up front cost again.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2 owners
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
This is Lincolns ONLY hockey sales and services shop. They have everything from uniforms and skates the equipment needed to maintain them. With the distributorship rights being held by the owner it makes it very hard for any competition to get set up. Ice box is about a mile away and Breslow is about two, also remember all the ice events the railyard does in the winter now. This is an exploding market and this business needs an owner to take it to the next level.
Growth & Expansion:
Breslow opened recently and the Railyard has their events now. No other competition closer than Omaha. This business just needs an owner with time to work it and expand it to keep up with the explosive growth of the sport here in town.
Support & Training:
Owners willing to stay on for 4 weeks to make the turnover of the business as smooth as possible. Assist in transferring all the distributorships to the new owner and introducing them to all the vendors.
Reason for Selling:
Both owners have other business commitments

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Jethro Hopkins

Business Listed By:
Jethro Hopkins

No Coast Business Advisors

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