Business for Sale Overview:
This is an excellent opportunity for someone from the local area. The store is already profitable but can grow substantially with an operator who lives in or near the community.
Part of a national chain of over 375 retail locations including 20 in Ohio alone. Take advantage of Play It Again Sports unique business model of Buy, Sell, Trade. This is a great business in any economy but especially today. Everyone is looking for value and this business is a home run!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
4,200 square feet. Lease is up for renewal in June of 2009 with a 5 year option. Training required by franchiser. Seller will stay on through transition period. Franchise agreement signed through 2014, 5% royalty drops to 4% on renewal, protected territory. Ongoing support in marketing, advertising merchandising, financial analysis, inventory management. Franchiser may require additional investment in working capital and/or inventory.
Market Competition and Expansion:
Great location within a 20 store strip center. High traffic intersection, great visibility and easy access. Mall combines national, local and regional retailers with three anchors. Increased inventory levels would have an immediate impact on the bottom line.
Reason for Selling:
Time commitment, Owner doesn't live near store.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.