Owner Financing is Available!
Business Overview:
One of the tri-state's largest sports facilities featuring retail store,indoor and outdoor archery ranges,sales, service, equipment rentals and instructions for all skill levels,including children. This modern facility is a major distributor for all major equipment lines in it's particular specialty. It maintains a large following that includes families, leagues, junior leagues, scouting groups, schools and the general public.One of the Tri-State's largest sports facilities featuring retail store,indoor Archery ranges,sales, service, equipment rentals and instructions for all skill levels,including children. This modern facility is a major distributer for all major equipment lines in it's particular specialty. It maintains a large following that includes families, leagues, junior leagues, scouting groups, schools and the general public. Gross for 2010 up $85,700 to $553,000! Now has a manager who runs operation, which makes this perfect for investment or semi-absentee owner. Space not being used by facility is now being sub-leased for storage and bringing in $1800 month, lowering the actual rent to $6200! Business is booming but owner is ready to retire and move to a new phase of life!
For more info please fill out the NDA on our homepage WWW.LISITENASSOCIATES.COM and fax it to us at 212 661- 4285 or e-mail it to mel@lisitenassociates.com
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:
OUTDOOR AND INDOOR FACILITIES 12,600 sq ft INDOOR ARCHERY FACILITIES AND RETAIL EQUIPMENT WITH AMPLE OUTDOOR PARKING Space not being used by facility is now being sub-leased for storage, lowering the rent. Monthly Rent: $6,200 Lease Expire: 3/20/2016 Option: NEW 5 YEAR LEASE OPTION
Market Competition and Expansion:
There is currently no competition to this particular facility.
Unlimited growth potential by advertising and by adding a variety of other types of sports to this facility.
Reason for Selling:
Retirement
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.
Resources: