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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