Specialty Running / Walking Sports Wear
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Retail > Clothing and Footwear Retail
Business Summary
This is a one of a kind specialty Orthodic running/walking shoe and sport wear operation that has been servicing the community for 30 years. Where sales increases year after year, and not affected by the recession here- sales are increasing annually. And as good as it is, there is still much more upside potential. Management are constantly asked to do clinics for podiatry and physical therapy groups and groups training for marathons like the L.A. Road Runners, Team in Training, Avon, and other similar programs. One half of their customers come from referrals in fact their customers come from across the country. In fact, they enjoy a national reputation as the place to go for running gear. The owner and staff are all active runners which is why they have the ability to help separate fact from fiction. They understand the products they sell, because they us them on a daily basis. They have won numerous awards and have won best running store in L.A. by Los Angeles Sports and Fitness Magazine. The owner has a proud reputation for excelling in giving and providing superior service, selection and information. Customer loyalty plus new referrals keeps their high volume coming. If this sounds like a business you can relate to and want to continue the outstanding reputation call for more information about S.B.A Financing and qualifications for buyers. For more information on this Running / Walking Sports Wear business for sale, please email or call Joe Goldberg at (818) 342-5222 ext 313.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$2,332,319
Cash Flow:
$520,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $425,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1979
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 40 hours per week following close of escrow.
Reason For Selling: Retire.
Click on the "I'm Interested" button above for more information on this Retail > Clothing and Footwear Retail business for sale.
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Print Listing Id: 700115964
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