Business Overview:
This business is a highly successful and established independent retailer of athletic apparel, shoes, and activewear. As a leading regional distributor for the industry’s elite manufacturers such as Kuhl, Patagonia, Toad & Co, Hoka, Marmot, and Smartwool, the store is a recognized, landmark destination for the discerning and lucrative Pacific Northwest outdoor and fitness customer demographic. Consistent with foundational, core business values, the enterprise excels in providing a loyal, multi-decade clientele with premier, brand name, innovative products at competitive prices. Significant advantages over direct and online competition are achieved through a unique product mix, personable customer service, attention to detail, superb product knowledge, and expert advice. Continued robust economic growth of the business is attributable to a consistent increase in product demand and sales volume, growing brand awareness, seasoned vendor relationships, optimized purchasing practices, efficient and precise inventory management tools and protocols, and high stock turnover. Stellar customer satisfaction ratings ensure a tremendous amount of repeat business. With ownership pride on display, this prestigious company is steeped in the culture of excellence, achievement, and professionalism.
The business model proved to be pandemic resistant, demonstrated resiliency, and performed extremely well in 2020. Uniquely positioned on the cutting edge of the rapidly growing outdoor recreation, health and wellness, and personal fitness sectors, the company is on track for a record year in 2021. Strong cash flow position, trusted vendor relationships, and industry trend awareness have allowed management to optimize inventory for season-specific, high margin items, while meeting and exceeding customer expectations for the overall selection of products on offer. Widely recognized as an all-season retailer, the concern enjoys a steady, predictable business cycle.
The business is supported by a tenured, knowledgeable workforce, with key personnel in management and supervisory positions. Ownership presently contributes approximately 1.5 FTE to the labor of the business. The staff is expected to remain with the business under new ownership.
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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.
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