Please Confirm
Are you sure you wish to REMOVE from your request basket?
Outdoor Sports Shop In A Year Around Vacation Town
Not Disclosed, MI
GRAND TRAVERSE County
 |
|
| Asking Price: | Annual Revenue: |
| $650,000 | $2,300,000 |
Retail: Sporting Goods, Recreation
Request More Information
Contact the Seller
RE: Outdoor Sports Shop In A Year Around Vacation Town
Contact: William Malek
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $2,300,000 | |
| Net Profit: | $75,000 | |
| Cash Flow: | $172,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $120,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1974 | |
| Employees: | 15 | |
| BBN Listing #: | 965356932 | |
| Broker Reference #: | 210114 |
Request More Information
Contact the Seller
Business Overview:
The Business was formed in 1974 as a bicycle shop and grew over the years to a year-round outdoor sports shop including bicycles, hiking, ski equipment, and apparel associated with these outdoor sports. The Company offers all the major brands of equipment and clothing.
The Company has 8 to 15 full time trained employees depending on the season. Including crucial management roles as a General Manager, Service Manager, and Sales Manager.
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.
Property Features and Assets:
This home town business is a turn-key operation with trained staff and second-line management in place. The sale will be an all-asset sale that includes all equipment and storage and retail display units.
Market Competition and Expansion:
As a resort and vacation town, there is local competition. However, the outdoor severe sports enthusiast that have been interviewed named this Business as the most experienced and knowledgeable in the area. The current second-generation owner is ready for retirement. This Business is prime for new blood to energize the Business with advertising and fresh ideas. The most growth could be through expansion in the outlying areas with satellite stores.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
Contact the Seller
