Business for Sale Overview:
This business sells road and track footwear, apparel and accessories to school age children in running programs to casual weekend and serious long distance runners, joggers & walkers. They have been doing this in the area for over 18 years. From time to time they have sold other athletic footwear but their reputation and expertise are in shoes for runners, joggers and walkers.
Anyone wanting the best fitting shoes for comfort, foot protection and doing what they’re supposed to do will find a brand or model that fits their budget and will be perfectly fitted to their feet and style of running.
Store hours are: Monday – Wednesday 10:00 to 5:30, Thursday – Friday 10:00 to 6:00, Saturday 10:00 to 5:00 and closed on Sundays. The Owner works the business full time with several part timers.
Prior to the present economic situation we’re presently in, sales have been over $350,000 a year (2006 - $367,248, 2007 - $387,578, 2008 - $341,145). Current volume has dropped to around $258,600 and expected volume for next year (as the economy improves) is expected to be around $310,300.
Owner’s Cash Flow in prior years was over approximately $44,600 - $50,000. This year estimated Cash Flow will be approximately $24,000 and next year’s Owner’s Cash Flow is expected to be approximately $43,000 (as the economy improves).
The reason for sale is the Owner wants to co-ordinate and time road races full time. Business is priced to reflect current volumes and Cash Flows – which will be a great deal for someone as the economy improves.
The 2,400 s.f. store is in a Shopping Center on a heavily traveled road in Brookfield, CT. Rent to be negotiated.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Owner wants to co-ordinate and time races full tim
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 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.