Online/Retail Archery Business SE MN: Relocatable

Not Disclosed, MN


Asking Price: Annual Revenue:
$210,000 $378,676

Retail: E-Commerce, Retail Websites


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RE: Online/Retail Archery Business SE MN: Relocatable Broker: Joshua Klassen
Owner Financing is Available!
$52,500.00

Quick Facts

Asking Price: $210,000
Annual Revenue: $378,676
Net Profit: Not Disclosed
Cash Flow: $81,428
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 326850297
Broker Reference #: 17441-553942

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Business Overview:

Located in SE Minnesota, we are offering an opportunity to own a successful online/retail business in the archery space. With 37 years in business, they have gone from retail to predominately online. Revenues have grown and in 2020, 85% of their sales were online. This provides the opportunity to relocate with the majority of their clientele in the upper Midwest.

Why buy this business? Archery is becoming a part of the extreme sport trend. This trend transcends all age groups. In fact, archery companies and organizations are making it easier for kids to learn and love the ancient sport. Archery is one of the fastest growing sports and in 2015 the Archery Trade Association showed that 21.6 million people in the United States participate in the sport. These numbers are only going up.

This business could be a fit for someone with a passion for this outdoor sport and its growing popularity. With the online portion of the business positioned, this opens up opportunity for it to be run from almost any location.

Highlights

• Turnkey
• Great cashflow
• Online business with option to keep existing retail location
• Growing popularity and demand
• Strong following and reputation in their industry
• Currently located in Southeast Minnesota
• Seller financing available

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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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