Business For Sale

Retail: Sporting Goods, Recreation


Archery Sales, Service & Repair Shop

Prince William County, VA

Asking Price: Annual Revenue:
$184,995 $656,110

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RE: Archery Sales, Service & Repair Shop Broker: Dustin Zeher Horizon Business Brokers, LLC
Owner Financing is Available!
Available depending on final purchase price, terms and qualifications of the buyer.

Quick Facts

Asking Price: $184,995
Annual Revenue: $656,110
Net Profit: Not Disclosed
Cash Flow: $87,527
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
Listing Number: 296232377

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Business Overview:

Great opportunity to own a Niche Retail Sporting Goods Shop serving the hunting and competitive sport of Archery in the affluent Northern VA DC Metro Market. The business is very well known as there is virtually no competition in local marketplace. This business attracts customers from as far south as Richmond to as far north as Baltimore MD for product sales as well as professional service and repairs. The business has established vendor relationships with exclusive territory rights and over 100 product lines with favorable terms and incentives for purchasing inventory. The shop currently sponsors a local archery school and gets new customers with high dollar orders every year. There are other schools and events the current owner does not attend due to their family, which means there are more opportunities to sponsor for increased revenue and profits. The business has a large, loyal customer base that always seem to come back and buy more! The business offers police, fire & military discounts as well as layaway for its customers. The owner has a convenient, easy to understand cloud based POS System to track all sales, inventory and performance. The business has seen 20% growth in revenue in just the last 3 years with continued growth expected and a great opportunity to really expand the business. The owner has a simple business model that can easily be duplicated to open additional stores to serve untapped local markets. Take the business to the online world of ecommerce and see your revenue and profits soar! The business has been established for 20 years under the same ownership and is ready for a new owner to take over and bring the business to the next level. Don’t let this great opportunity pass you by!

For more information contact Dustin Zeher at 571-437-5135 or via email at dustin@horizonbrokers.com

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Property Features and Assets:

The 1522 sq ft shop with exclusive rights to “sporting goods” is located in a newer shopping center that is situated in a high traffic retail area surrounded by homes and businesses. It is located on a major, highly traveled road and it has Great Visibility! The rent is $1500/mo which is below market for the area (should be about $2100/mo). Several years left on the lease with a landlord willing to offer longer lease terms. Approx $200k in inventory not included in the sale price

Market Competition and Expansion:

Competition: No competition in the Northern VA DC Metro Market, this business attracts customers from as far south as Richmond to as far north as Baltimore MD for product sales as well as professional service and repairs. The business has established vendor relationships with exclusive territory rights and over 100 product lines. Growth/Expansion: This business has grown 20% in the past 3 years and it can expect continued growth due to the exclusive product lines and limited competition. The business can easily be grown and expanded upon in many ways with its easy to duplicate and manage business model. A new owner will additional capital can open new locations in the DC Metro Area as there is certainly a bigger, untapped market. Add an e-commerce site for online retail sales. Host and sponsor more events to increase the business awareness in the growing sport. Established a local marketing & advertising. Any one of these things will dramatically boost revenue!

Reason for Selling:

Owner is ready to pursue other interests

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.

Resources:

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