Specialty Sporting Goods store since 1983

Not Disclosed, CA
Santa Clara County


Asking Price: Annual Revenue:
$495,000 $1,246,011

Retail: Sporting Goods, Recreation


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RE: Specialty Sporting Goods store since 1983 Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,246,011
Net Profit: $189,118
Cash Flow: $189,118
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 5
BBN Listing #: 2486931
Broker Reference #: 10054

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Business Overview:

It has a niche market in Badminton and Soccer besides other sports equipment and accessories. While the business was closed due to Covid-19. Sales from March to May 2020 alone from online sales were $167K.As a specialty sports store, they have access to products that are not accessible to many general sporting goods stores. This gives them a leg up on products that are not commonly found in any general sporting goods stores. Their customer base is bigger and their customers come from faraway places. Inventory includes; footwear, badminton racquets, clothing, equipment, and accessories for both soccer and badminton. Authorized Dealers for Adidas, Nike, Puma, and Yonex for as long as the store is in operation. In addition, they have over 40-50 other vendors in the related fields that they buy from. The major vendors allow them payments from 30-90 days from purchased time plus discounts, giving them plenty of time to sell most of their inventory before payments become due. Sale highly confidential, please submit NDA and financial profile for Seller approval.
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Purchase price $495000
Down Payment $495000
Sales $1,246,011
Cash Flow $189,118
For 12 months ending June 2019 from 1120
Rent $10,670
NNN $1,219
Bldg Size (SqFt) 5954
Lease exp 4-30-2022
Option Yrs 5
Employees 1 FT/4 PT
Owners FT 0/PT 3
Reason for Sale Medical and Retirement
Hours Monday thru Friday 11 am to 7 pm, Saturday 10 am to 6 pm, Sunday 10 am to 5 pm BTI#10054

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Property Features and Assets:

Located in a Mall it has been established since 1983 has established clients used to coming to this location from far and local. Specialized authorized dealer of specialty brands Adidas, Nike, Puma, and Yonex. In addition, they have over 40 to 50 other vendors

Market Competition and Expansion:

No competition in the immediate vicinity due to niche of being a specialty authorized dealer of Badminton, Soccer, etc

Reason for Selling:

Retirement and partner health issues.

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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