Sporting Goods Store SC2079 - Semi-Absentee Run

Not Disclosed, CA Not Disclosed

Northern California

Asking Price: $2,499,000

Annual Revenue: $2,645,176

Retail: Sporting Goods, Recreation

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Sporting Goods Store SC2079 - Semi-Absentee Run

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RE: Sporting Goods Store SC2079 - Semi-Absentee Run
Contact: Adriana Sargent
License #: 02100708

Quick Facts

	Asking Price:	$2,499,000
	Annual Revenue:	$2,645,176
	Net Profit:	Not Disclosed
	Cash Flow:	$536,792
	Total Debt:	Not Disclosed
	FF&E:	$400,000
	Real Estate:	Not Disclosed
	Year Established:	1945
	Employees:	30
	BBN Listing #:	940254
	Broker Reference #:	SC2079

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Business Overview:

Semi-Absentee Owner Operated Sporting Goods Store - 2 Locations - SC2079

Financial Information
Asking Price: $2,499,000
Cash Flow: $536,792
Gross Revenue: $2,645,176

This Northern California based company is a California Sub-Chapter S Corporation and has been in business for 77 years and under current ownership the last 25 years, serving the local community with all types of sporting good needs. Specializing in Snowboarding, Skateboarding, Wakeboarding and clothing and accessories they have some of the best selections that can be found in the areas they serve. They have a full-service rental and repair facility for snowboards, skiing equipment and other outdoor equipment as well. They also are the general sports headquarters for Baseball, Softball, Football, Soccer, Basketball, Volleyball, and other sporting items. The have a large selection of various sports equipment, and one of the widest selections of athletic shoes in the county. They are operating out of 2 locations - one in Northern California and one in Southern Oregon, with the Southern Oregon location starting in the fall of 2005. They have a rental income as well for snowboards, skiing equipment and other outdoor equipment and apparel.

CA 02100708
NV 1003039

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Property Features and Assets:

Business Location
City: Northern California
State: California

Facilities
Days Open: Monday - Sunday Hours Open: 8:00 am to 6:00 pm Lease Expires: 12/31/2025 Lease Miscellaneous: 2 locations - 5,000 square feet each, $2,500/monthly rent

Detailed information
Year Established: 1945
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 13
Part-Time Employees: 17
Contractors: N/A
Owner Worked Hours/w: N/A
Inventory Included: Yes
Inventory Value: $500,000
Monthly Rent: $5,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 10,000
FF&E Included?: Yes
FF&E Value: $400,000

Market Competition and Expansion:

There are competitors in the Snow Sports and Team Sports industry. In the Snow Sports, there are some that are over 50 miles away, so they are not real competition or they are too niche. In the Team Sports, there are some competitors, but they don't offer the extensive services. Due to the location of the facilities, they are the prime go to location in their regions served.

Reason for Selling:

Seller wants to pursue other ventures.

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

Relevant Links:

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