Premium Sporting Goods Retailer
Location:
United States
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North Carolina
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Raleigh
Industry: Retail > Other Retail
Business Summary
One of the oldest sporting goods retailers in North Carolina is now available for purchase! Reseller of fine shotguns, handguns, premium fishing equipment and high end clothing. Also providing expert gunsmithing services. Sale due to legitimate retirement situation. Long known as one of the finest retailers of high end sporting goods in the North Carolina.
Sells fine hunting, shooting, and fishing equipment including apparel as well as providing gunsmithing services.
Historical Summary: Long known as one of the finest retailers of high end sporting goods in the state.
Owner Qualifications: Must hold or be eligible for Federal Firearms License (FFL).
Competition: Due to State and Federal Legislation competition is limited. However, consumers have multiple options in the market and the right buyer will adopt a competitive pricing strategy and update the product mix.
Potential for Growth: Name and location are widely known going back three generations. Buyer should have marketing and product selection experience as updating everything from the merchandising to marketing will lead to dramatic gross and net profit gains. E commerce a real possibility! Current store hours are Tuesday-Friday 9-6, Saturday 9-1, Closed Sunday and Monday. Email or call Jeff Snell with ENLIGN Business Brokers at 919-341-1100 for more information on this Sporting Goods business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$582,249
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Yes
About The Business
Year Established: 1934
Number of Employees: 4 - 5
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide transition assistance to include management during Federal Firearms License (FFL) application process.
Reason For Selling: True retirement opportunity.
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Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 70083840
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