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Two Sporting Goods Stores Store And Online For Sale

Union County, New Jersey, US
Asking Price:
$600,000
Sales Revenue:
$1,700,000
Cash Flow:
$210,000

LISTING ID # 34417
Two Specialty Sporting Goods Stores. Package Deal. Established in 1981, these stores have consistently offered high quality goods and customer service to customers both in person and on-line. Total gross sales were over $2mil pre-Covid. As with most businesses they did experience adown turn in sales in 2020 due to Covid. 2021 has shown a nice bounce back with year end sales expected to hit $1,700,000.00 gross. 2021 net profits should reach $210K. This trend should continue into 2022. The landlords for both locations are willing to offer brand new leases to a well-qualified buyer. Total rents amount to $9,200/mth. Each store is 2,500 sf. We are seeking a serious and financially qualified buyer with at least $900K in liquid funds to cover the $600K asking price and at least $300K for inventory. To learn more, please call, text or email Mel Vaz today on . All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34417 for instant access to this business information.

Business Operation

Reasons for selling:

Divesting

Employees:
3FT/7PT
Years established:
1982

Other Information

Support & training:

Seller will train

Inventory / Stock value:
$900,000

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