Retail Hybrid Sporting Goods Store - SC2228
Not Disclosed, CA Not Disclosed
Northern California
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- RE: Retail Hybrid Sporting Goods Store - SC2228
- Contact: Adriana Sargent
- License #: 2282967
Quick Facts
| Asking Price: | $570,000 | |
| Annual Revenue: | $950,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $140,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1923 | |
| Employees: | 7 | |
| BBN Listing #: | 993254 | |
| Broker Reference #: | SC2228 |
Business Overview:
Northern California Retail Hybrid Sporting Goods Store - Over 100 Years Old! - SC2228
This retail hybrid sporting goods store is a Northern California C Corporation and has been in operation for the past 102 years (started in 1923) and under the current ownership for 37 years. The offer multiple revenue streams at this store, including screen printing, embroidery, vinyl heat press, team uniforms and equipment as well as webstores. Equipment and uniforms for baseball, softball, football, basketball, soccer, volleyball, lacrosse, hockey and track can all be found here. They offer Direct to Film (DTF) and also have on premise a large walk-in retail presence.
Financial Information
Asking Price: $570,000
Cash Flow: $140,000
Gross Revenue: $950,000
Down Payment: $570,000
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Property Features and Assets:
Business Location
City: Northern California
State: California
Reason for Sale
The Seller is selling to retire.
Detailed information
Year Established: 1923
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 4
Part-Time Employees: 3
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $120,000
Inventory Included: Yes
Inventory Value: $125,000
Monthly Rent: $3,250
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3000
FF&E Included?: Yes
FF&E Value: $50,000
Market Competition and Expansion:
Market Outlook/Competition
The North America sporting goods market size was valued at $137.2 Billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. In addition, the growing popularity of national and international sports events, such as the Soccer World Cup, Olympic Games, and Cricket World Cup, is further contributing to the growth of the sporting goods market in North America.
Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Reason for Selling:
The Seller is selling to retire. Kindly ask the seller for more information.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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