Growing Sport Goods Retailer
www.GlobalBX.com
Listing ID:
700335418
Listing Title:
Growing Sport Goods Retailer
Quick Link:
http://www.globalbx.com/listing.asp?bId=335418
Industry:
Retail
Industry Segment:
Other Retail
Country:
Canada
State / Province:
Nova Scotia
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$1,480,000
Cash Flow:
$170,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1999
Number of Employees:
6 - 9
Business Description:
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
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