Central TX Sports Clothing Store/Screen Print Shop

Not Disclosed, TX Not Disclosed

Central Texas

Asking Price: $1,200,000

Annual Revenue: $2,277,614

Retail: Clothing & Accessories

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Central TX Sports Clothing Store/Screen Print Shop

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RE: Central TX Sports Clothing Store/Screen Print Shop
Contact: Patrick Johnston

Quick Facts

	Asking Price:	$1,200,000
	Annual Revenue:	$2,277,614
	Net Profit:	Not Disclosed
	Cash Flow:	$423,034
	Total Debt:	Not Disclosed
	FF&E:	$513,376
	Real Estate:	Not Disclosed
	Year Established:	1978
	Employees:	7
	BBN Listing #:	935996
	Broker Reference #:	6212-18109

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Business Overview:

This business provides sports clothing, athletic footwear and equipment to many youth and sports teams, as well as to the general public in Central Texas. There is an online store also, which represents strong upside potential for a new owner. The screen/graphics printing business fulfills the printing needs of the sporting goods store and serves many other businesses and organizations in the local area. Both the sporting goods and screen-printing businesses are combined for all financial reporting.

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Property Features and Assets:

There are 2 separate facilities which are leased from related entities that the sporting goods store and the screen/graphics printing business operate in. Both properties, one of which is a multi-tenant retail property, are available for purchase as well.

Assets = $847,080

Market Competition and Expansion:

Over the past five years, the Sporting Goods Stores industry has experienced strong demand from health-conscious consumers as sports participation has increased, requiring more athletic apparel, footwear and other sporting goods for their fitness regimens. Further, alternative exercise methods have gained popularity, with many individuals participating in CrossFit and yoga, stimulating demand for related sporting goods, apparel and footwear. According to the American College of Sports Medicine, one of the most popular fitness trends includes fitness classes for older adults, increasing demand for athletic apparel, footwear and ergonomic sports equipment from this demographic. Industry revenue is expected to increase an annualized 3.0% to $64.2 billion over the five years to 2023 as the industry continues to expand, including 0.2% growth in 2023 alone.

Reason for Selling:

To a new owner so that they can begin their retirement years.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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