Business for Sale Overview:
This store is a gem of a business. It's been one of the most successful stores in the Play It Again Sports franchise system for over 15 years. Operating partner is leaving the area and knows these stores work best with local ownership who's active in the community. This is a popular destination store known widely in the entire Bay Area. The golf business at this location is off the charts with sales soaring in both new and used. Fitness has been a very strong category as well and still has plenty of room to grow. Opportunities abound in team sports and local league business as this is a category focused on the least over the years. Owner estimates another $150,000 in sales could be added with the addition of team sports in the first year. This has been a million dollar store in the past and current ownership feels that with the right operator sales could surpass previous highs. This is a fun location with an extremely loyal local following. The buyer of this location will get a fun, successful and consistent business with nothing but upside and vast potential. Profits, cash flow and foot traffic are strong positives with this location as well. Take advantage of Play It Again Sports unique business model of buying, selling and trading new and used sports equipment. This business model works well in any economy but in times like these where everyone is looking for value 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:
High traffic desirable shopping center across from Kaiser and The Stoneridge Mall. 4,300 sq. ft. with lots of parking. Very clean and great condition. Slatwall, fixtures and carpet all updated and meet franchisors standards. Seller wants to help buyer with a seamless transition. Will offer full support for a period of six months. In addition, training required by franchisor upon transfer. Ongoing support includes advertising and merchandising, financial and inventory analysis, field visits, semi-annual conferences and more!
$140,000 inventory and $60,000 FF&E included in purchase price.
Market Competition and Expansion:
Expansion into the local team sports business could happen right away. This would include soccer, lacrosse and baseball which would positively impact the bottom line immediately. Because this store focused their concentration on fitness and golf the team sports business is relatively untapped.
Reason for Selling:
Operating partner relocating
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.