Business for Sale Overview:
The fitness industry is positioned to continue with steady growth every year and this store has the potential to gross over $1M in sales in upcoming years. The wide variety of specialty fitness lines and competitive prices draw repeat customers to the store. Is also business signage prominently displayed on route 6 and off route 195 to draw traffic to the location. There is a second location in Rhode Island that is available for purchase for $220,000 and $30,000 in inventory. In 2008 this location generated approximately $600,000 in sales. January 2009 sales are up 10%, indicating a strong 2009.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
4,000 square feet retail showroom with the option to also lease the 4,000 square feet basement for equipment storage.
Market Competition and Expansion:
A sporting goods store is located across the street but it is a more general store and does not carry as many specialized lines of fitness equipment. There is no other competition for 15-20 miles.
Reason for Selling:
The owner wishes to focus on internet and catalog
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.