Recreational Equipment Rental And Sales
Not Disclosed, OR Clackamas County
Seller's Contact Information
- RE: Recreational Equipment Rental And Sales
- Contact: Daren Bucklin
Quick Facts
| Asking Price: | $89,000 | |
| Annual Revenue: | $339,778 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $101,459 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 8,530 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 7 | |
| BBN Listing #: | 754652348 | |
| Broker Reference #: | 59071-104796 |
Business Overview:
Serving the Portland area for forty years, this business specializes in the rental and sales of winter sports equipment. The shop features equipment and apparel for aerobic outdoor activity. The store staff is knowledgeable about the equipment, and the other soft goods that the shop offers, as well as being informed of mountain conditions to guide you in your adventure. The shop has many innovative programs in place to keep their customers coming back for years in a row. The inventory is NOT included in the list price and will be adjusted at closing.
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Property Features and Assets:
Monthly Rent: $3,500.00 Square Units (Foot, Meter): 3,000 Lease Expiration Date: December 31, 2022, 12:00:00 AM Terms Options: NNN Facilities:Lease to be negotiated out with the new buyer to come in. FF&E Overview: Equipment is in good condition and they continue to replace and sell off old to replace with new.
Market Competition and Expansion:
Competition: There’s a shift in how Americans are spending their money. Mostly spurred by the proliferation of the Millennial generation, they’re now prioritizing experiences rather than material items — saving up their money to go new places and take part in new activities. A large beneficiary of this changing mindset: the recreational rentals industry, whose growth is currently outpacing the average annual growth of other retail and service industries. Expansion: Coming hand-in-hand with the increasing number of people trying these activities is heightened competition, along with additional administrative tasks. While the industry has long relied on traditional pen and paper to take reservations, track equipment and update calendars, with a growing customer base and booming industry, it’s time for rental business owners to consider how they can improve efficiency, streamline their services, and ultimately set their businesses apart utilizing new technologies.
Reason for Selling:
Retiring
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
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