Successful Retail Sporting Goods Store

ND

Successful Retail Sporting Goods Store
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Asking Price: $1,300,000

Cash Flow: $80,000

Gross Revenue: $2,100,000

EBITDA: N/A

FF&E: $100,000

Inventory: $800,000

Rent: $3,500 /Month

Established: 1946

Successful Retail Sporting Goods Store

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Business Description

GREAT OPPORTUNITY FOR A SPORTS ENTHUSIAST TO LIVE IN A SMALL TOWN AND OWN A SUCCESSFUL BUSINESS.

The sporting goods retailer owns the market in the region providing the best service and product in great location. The store is a downtown destination that is known for it large selection and expertise in the firearms department. The full service store provides with regional service for area schools, clubs and organizations.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
80,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located downtown in a Northeastern ND city. The business takes up two and half buildings in the heart of the downtown with plenty of street parking.
Competition:
There is no store within 90 miles of their location. The business provides a full service retail location for all sportswear, equipment and firearms.
Growth & Expansion:
Continue providing top notch service. The business could also increase the number of events that are hosted by the store.
Support & Training:
The sellers will provide the necessary training for a smooth transition which includes four weeks.
Reason for Selling:
Retiring
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Art Rosenberg

Business Listed By:
Art Rosenberg

Sunbelt Business Advisor of North Dakota

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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