A profitable sporting goods store is located inside the sporting center. Highly confidential. The seller is retiring after enjoying 29 years of ownership. This business is supported by the athletes, both young and old, that use the facilities. There are 3 trained W2 employees. 1 manager on staff has been with the business for over 10 years. The seller is willing to provide 30 days of transitional training at no charge. Included in the sales price are $150,000 of inventory and $15,000 of FF&E. The seller is offering $50,000 of financing at 5% for 3 years. This business could be suitable for Visa. Agent Simon Polzer. Thank You!
- Asking Price:
- $300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $767,851
- Cash Flow:
- $93,103
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date
May 31, 2024, 3:00:00 AM
Terms Options
month to month
- Leasehold Rent:
-
$5,350 per annum
- Location:
-
Business Location is: Leased
Type of Location: Commercial
- Premises Details:
-
29 Years of ownership
- Size in square feet:
- 1,200
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
7 days per week
- Employees:
- 4
- Years established:
- 29
Other Information
- Support & training:
-
Will train for 4 weeks @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount
$50,000.00
Owner Financing Interest
5%
Owner Financing Terms Months
36
Owner Financing Monthly Payment
$1,498.54
- Furniture / Fixtures value:
- $15,000 - included in the asking price
- Inventory / Stock value:
- $150,000 - included in the asking price
