Thriving Sports Store For Sale in Boulder, CO- Play It Again Sports

Boulder, CO (Boulder County)

Thriving Play It Again Sports Store in Boulder, CO
Contact Seller

Asking Price: $440,000

Cash Flow: N/A

Gross Revenue: $1,039,160

EBITDA: N/A

FF&E: N/A

Inventory: $160,000*

Rent: $9,000 /Month

Established: 1990

*not included in asking price.

Thriving Sports Store For Sale in Boulder, CO- Play It Again Sports

Save Print Share Valuation Report

Business Description

This is an opportunity to own a thriving sports store in one of the most beautiful and active cities in the country! This is a profitable business with room to grow. A new owner with time and passion can revive the energy of this location and take the business to a new heights.

Boulder is full of everyday active sports participants waiting to bring in their high quality used sports equipment. Many people commute to work by bike, then come home to participate in team sports, go to individual work outs, ride again or run, swim or paddle.

About Play It Again Sports
At Play It Again Sports, everybody plays - including our franchisees! It's what they've been doing their entire lives. Whether it's supporting their kids from youth sports to college athletics or playing in their own golf, soccer, baseball or softball league, the common denominator of our typical franchisee is they still love to play and participate in sports in their community.

A Play It Again Sports franchise is the perfect business model for those who want to build a business doing what they love. Where can you spend your day talking about sports, provide a valued service to the community and build a business all at the same time? Right here, at Play It Again Sports - the official sponsor of all those who play!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
9/1/2019
Employees:
6
Facilities:
We have resided in the same strip shopping center in south Boulder for 28 years, This has been advantageous for our customer base. The Exterior of the shopping center itself underwent a 3,000,000 remodel which was completed last year. We have newer tenants that have breathed even more life into it and who bring a more diverse mix of customers to shop and eat in restaurants. We have just about everything our south Boulder community could need, but we also draw customers from all over Boulder and Denver, Golden and other towns in the foothills. We offer so many unique items because of our used equipment and we have a huge radius from which to draw.
Competition:
A huge pro is that the community maintains good health and therefore, in general, a more postive attitude. A lot of new people are moving to the area - a big pro for the market- because of the active, outdoor lifestyle. Our customer base knows their gear and have lots of quality gear. They also want the latest technology and need us as an outlet to upgrade. A con is the cost of living in Boulder is high and wages have had to increase to keep abreast. That sometimes narrows the employment pool in that $11-$15 job market. There is a major university which helps in hiring in that wage range but the challenge is finding long term employees.
Growth & Expansion:
The business could be expanded by continuing to offer service sales. We currently sharpen skates, release check skis and are in the early stages of ski tuning. We also offer some bike tuning. All of these services can be greatly expanded. Rentals are also a great opportunity to expand the business. We currently rent snowshoes and paddle boards. We have also considered expanding that to include bike and ski rentals. A con to all of this is staffing and finding long term employees at the pay rate. If the owner can stay in the business that would increase profitability and the necessity for long term employees.
Support & Training:
Training required and provided by franchisor after purchase of store is completed. On-going franchisor support includes advertising, marketing, merchandising, inventory and financial management. Additional training and education opportunities available at the annual franchisee conference, trade show and regional meetings. In store support is provided through Field Operations Managers through field visits and regular conference calls, meetings, texts and emails. New Product Buying Group is available to assist with assortment planning, sourcing new inventory and more. Franchisor may require an additional investment in working capital and brand standard upgrades.
Reason for Selling:
The owner no longer has enough time to oversee the business.
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsportsboulder.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Pete First

Business Listed By:
Cat Eckstaedt

Winmark Corporation

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1599713 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


LaVida Massage

Franchise Opportunity
Capital Required: $260,000