Sporting Goods & Equipment Retailer For Sale

Overview

  • Business services, Services
  • Property Type

Description


Sporting Goods & Equipment Retailer For Sale

Greater Portland Area,
Maine, US

Asking Price:

$450,000

Furniture / Fixtures included
Sales Revenue:
$1,475,000
Cash Flow:
$200,000

This well-established, profitable Greater Portland sporting goods/equipment seller has two primary customer channels; in each of those channels, the business maintains a large existing base of customers. The business has limited competition in its market space and has opportunities for growth within its target markets and through product line expansion. This business represents a great opportunity for an owner/operator to build upon a stable and efficient operation by taking a more active role in the business to grow revenues.

Property Information

Real Estate:

Lease

Leasehold Rent:

$30,000 per annum

Location:

The company’s facility is located in a convenient location for its target markets. It is in a very strong retail area. The facility includes a small, but sufficient, warehouse.

Size in square feet:
3,900

Business Operation

Expansion Potential:

Current ownership has identified specific opportunities for future growth including specific product line expansion and targeted sales channel expansion.

Competition / Market:

The business has a great reputation for providing quality goods and related services. Competition is limited, mostly “big box” retailers that can’t provide the in-store or post-sale service that this business specializes in. In addition, the company sells into a customer channel that it services almost exclusively in a significant, local area.

Reasons for selling:

Owner’s desire to focus on other pursuits.

Employees:
4 FT / 4 PT
Years established:
Established in 1983

Other Information

Support & training:

Seller will provide transition training for a new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Anticipated Seller & Bank TBD. Down Payment TBD. Working Capital Needed $55,000

Furniture / Fixtures value:
$52,500 – included in the asking price
Inventory / Stock value:
$40,000



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Address

  • City Hong Kong

Details

Updated on January 20, 2023 at 2:33 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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