Sporting Goods & Active Wear

North Carolina, NC

Asking Price: Annual Revenue:
$950,000 $1,362,000

Miscellaneous: Non-classifiable

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RE: Sporting Goods & Active Wear Broker: Gary Layne
Owner Financing is Available!

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,362,000
Net Profit: Not Disclosed
Cash Flow: $126,500
Total Debt: Not Disclosed
FF&E: $318,500
Real Estate: Not Disclosed
Year Established: 1975
Employees: 17
BBN Listing #: 579638939
Broker Reference #: HAMPTVA001-N1650

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Business Overview:

For 44+ years, this sporting goods and apparel business has successfully operated in the mid-atlantic region. Nominated on two occasions for Retailer of the Year. Known for its quality goods and exceptional customer service, this business has a strong reputation locally and nationally. It thrives in its business relationships, not only with its customers, but with its product providers across the country. Each product, from its sporting equipment, to its apparel brands and more, are curated by the best designers and manufacturers across the industry. The owner has consistently focused on high-quality products and exceptional employee training, to give customers the best experience possible in this particular niche. The owners operate two locations, employing between 8 to 17 employees at any given time. Both locations are equal in size, displaying sporting equipment, apparel, and accessories year round. The company maintains state of art technology for in-store customer purchases, as well as a current website, and social media exposure. Plenty of parking at both locations, plenty of exposure, and plenty of opportunity for the next owner with passion and energy to expand and grow this business. Strong Brand in place for this niche business. Real Estate not included, but can be discussed as part of the purchase plan.

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Reason for Selling:

Family business and owners are retiring.

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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