Specialty Sporting Goods store since 1983

Not Disclosed, CA
Santa Clara County

Specialty Sporting Goods store

Asking Price: Annual Revenue:
$728,236 $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: $728,236
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:

The company provides a great opportunity for someone to expand its operation. It has a niche market in Badminton and Soccer besides other sports equipment and accessories. This gives them a leg up on products that are not commonly found in any general sporting goods stores. large customer base their customers come from faraway places. Inventory $350,000 included; footwear, badminton racquets, clothing, equipment, and accessories for both soccer and badminton. Authorized Dealers for Adidas, Nike, Puma, and Yonex. In addition, they have over 40 to 50 other vendors.BTI#10054
Sales $1,246,011 Purchase Price $728,236-Cash Flow $189,118 Down Payment $106,236
For 12 months ending Jun 2019 from 1120 Rent $10,670 Employees Full Time: 1, Part Time: 4-NNN $1,219 Owners Full Time: 0, Part Time: 3 Building Size (Square Feet) 5,954 Reason For Sale Medical and Retirement Lease Exp 4-30-2022 Option Years 5 Hours: Monday - Friday - 11 to 7 PM Saturday 10AM to 6 PM Sunday 10AM to 5 PM

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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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