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Growing Sport Goods Retailer
Location: Canada -> Nova Scotia
Industry: Retail > Other Retail




Business Summary

This 20 year old sporting goods retailer is known to provide one of the highest levels of service in their industry. Given their large inventory selection and longstanding relationships with suppliers and manufacturers, they're typically able to meet clients needs right on the spot.

Revenues have been growing Year over Year, with the most recent generating $1.48M in sales.
SDE in the most recent year were approximately $170k

Inventory has averaged $360k over the last 2 years.

Financing for a buyer would typically look like 35% - 50% down payment on the purchase of the business and 25% equity requirement for the inventory, bank will provide 75%. The working capital requirements of the business could be as high as $25k.

Minimum Equity Required is $250,000
Asking Price is $399,000

Location: - 5,927 sqft @ $14/sqft NET


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,480,000
Cash Flow:   $170,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1999
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700335418
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Nova Scotia Businesses For Sale > Nova Scotia Franchises For Sale



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