Sporting Goods & Outdoor Gear Retailer

Not Disclosed, British Columbia

Western Canada


Asking Price: Annual Revenue:
$4,599,000 $5,160,000

Retail: Sporting Goods, Recreation


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RE: Sporting Goods & Outdoor Gear Retailer Broker: Pino Bacinello

Quick Facts

Asking Price: $4,599,000
Annual Revenue: $5,160,000
Net Profit: Not Disclosed
Cash Flow: $993,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Over 30 Years
Employees: 35
BBN Listing #: 484012151
Broker Reference #: VANCOBC002-N502

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Business Overview:

This retailer serves a diverse customer base that seeks clothing or gear for most outdoor or recreational sports and activities. The merchandise it carries ranges from bikes to clothing, or camping gear to footwear, and much more. With long-standing suppliers and diverse sources of merchandise, as well as skilled sales and service staff – customers come back year after year. The customer base are predominantly families and range from youth to seniors, but all equally passionate to be outfitted to enjoy the great Canadian outdoors.

The premises exudes an upbeat ambiance that attracts loyal customers and is in a high-visibility and high-traffic location. All assets of the business are included in the price. The business has staff and management in place, including key store management which will allow for effective transition of business to a new owner.

The ideal buyer will have knowledge / experience in durable goods merchandising or retail. This business could also suit a strategic or financial buyer, where the new owner can take advantage of proven business model and consistent financial results – with minimal additional investment.

Type of Sale: Share Sale

Business Asking Price: $4,599,000

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, & Equipment; Goodwill; Leaseholds; and Normal Net Working Capital of $570,000 (Inclusive of Inventory)

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Property Features and Assets:

Great location with long-term lease in place. Premises are over 10,000 square feet.

Market Competition and Expansion:

Growth opportunities and expansion potential available in a confidential marketing summary, please contact us for more information.

Reason for Selling:

Retirement

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.

Documents:

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