This sporting goods retail shop is one of the best deals we've seen! Only open 6 years but sales have grown every year. Started as a hobby to pay for hunting trips and allow purchase of sporting goods at cost, it has grown beyond the capacity of owner to handle with other profession.
They have a huge archery business with an indoor range, along with a large stock of guns, ammo, hunting supplies, and camo clothing. Everything needed for hunting!
This business is prices well below the COST of inventory plus appraised value of the building. FF&E includes approx $450,000 of inventory at cost.
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Property Features and Assets:
8000 sq ft metal and brick building on very visible high traffic road. Most of the building is climate controlled. Building can be leased and price dropped by $425,000! But the real estate appraised value should be more than that asking price and the paymen will be less than rent!
Market Competition and Expansion:
Great service and prices set this store apart from the big box stores. Price includes an on-line store that will be opening this fall and allow customers nationally to order on-line. All supplier agreements and licensing to do this is in place and this should significantly increase sales. Indoor range is not duplicated by the competition! Potential for increased services (how about girl archery club to take advantage of the Hunger Games craze) such as outfitting services, kayaks or boats and motors, hunting trip arrangements, or additional sporting goods lines.
Reason for Selling:
Family issue, relocation.
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.