Sporting goods store in North Metro. Summer and...

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$1,000,000 $1,200,000

Miscellaneous: Non-classifiable


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RE: Sporting goods store in North Metro. Summer and... Broker: Sunbelt Business
Owner Financing is Available!

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1969
Employees: 11
BBN Listing #: 294564254
Broker Reference #: MINNEMN003-50466

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Business Overview:

Established in 1969, this high-quality sporting goods store has a great variety of summer and winter sporting apparel and gear. In-house capability for lettering and embroidery services, with experienced staff with over 20 years of experience. Repeat team?s customer base. Over $180K in FFE and $700K in inventory. The store carries sports clothing for men, women, and children. The store has established a strong name for itself in the marketplace due to its longevity in the market. Most of the company?s business is repeat. The store enjoys an array of competitive advantages including: a vast product assortment and quality, relentless focus on creating an exceptional customer experience, and capable repair and lettering services. The well-appointed 10,000 square feet store in located in the heart of North Metro near key high schools and teams.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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