Owner Financing is Available!
Business Overview:
You will want to break out in a “cheer” as you step inside this sports apparel store and more. Feel the energy and school spirit as local fans gather for the pep rallies, parades or to just “hang out” before or after a ball game or match. After 5 years, the owner, with a heavy heart, has decided to sell to pursue other dreams and spend more time with her family. The owner has artistically renovated 1,700 square feet of a charming old building, in the heart of an historic downtown, into a whimsical display of gifts, as well as shirts, hats, jackets, sweats and all things “logo”. In fact, an inventory of over 400 logos is included in the sale. Recently purchased was an embroidery machine for $17,000 to bring the sewing in-house, to increase business profits, and the potential for soliciting other school districts, businesses and restaurants. The owner has a loyal repeat customer base of at least 400 without much advertising or a website. In fact, it is estimated a website would greatly fatten up the bottom line. Sales have averaged $201,100 the last two years with cash flow of $74,000. The asking price of $120,000 is less than 2 times cash flow and includes a new computer system, the new embroidery machine with its heat presses and other attachments (valued at over $20,000), and $15,000 worth of inventory logos. Plus the seller will hold a substantial note for any qualified buyer. This business has huge growth potential.
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:
1,700 square feet building
Reason for Selling:
Family Concerns
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.