Seller's Contact Information

  • RE:  Sporting Goods & Custom Team Apparel Retail Store
  • Contact:  Larry Bonino
Owner Financing is Available!

Quick Facts

Asking Price: $175,000
Annual Revenue: $508,000
Net Profit: Not Disclosed
Cash Flow: $83,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1979
Employees: 3
BBN Listing #: 424755294
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

This long-time established retail store of 40 years offers a wide-range of sports equipment and apparel along with custom team merchandise. To complement their retail inventory, they offer services for athletic gear that include custom embroidery and silk screen printing. With over 20 name-brand suppliers in stock, this is an essential destination for athletes in Berks County.
Baseball and Softball equipment are a major line for them, and they offer top of the line products including Easton Sports, Louisville Slugger, and Wilson branded attire.
According to an analysis by IBIS World, a leader in up-to-date industry reports, they are forecasting (next 5 years) an increased momentum in the Sporting Goods Store industry due to an anticipated 3.3% increase in sports participation (IBISWorld). They also observed an increase in alternative exercise methods such as Crossfit, yoga, and Pilates, which stimulates demand for sports equipment, apparel and footwear.

Features Include:
- Robust Custom Team Apparel Contract Business (Diversified; Over 32 accounts; No concentrations)
- Knowledgeable and courteous staff
- Numerous custom options for small and bulk orders
- Comfortable, energized, and inviting atmosphere
- Active website with prominent search placement
- Very high customer satisfaction ratings with strong recommendations (4.7 rating, Yelp)

Vital Stats:
- Listing Price: $175,000
- Revenue 2019: $ 508,000
- Cash Flow: $ 83,000
- Employees: 2 FT; 1 PT
- Geographic Area: Berks County
- Building: Leased; Retail Space 2,640 sq. ft; Office/Storage Space 1,248 sq. ft
- Retail Revenue: 20%
- Contract Revenue: 80% (Diversified, Well distributed over 32 accounts; No concentrations)
- Operating Hours: Monday-Wednesday & Friday 9am – 6pm;
Thursday 9am – 7pm; Saturday 9am – 4pm

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Reason for Selling:

Retirement

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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