Seller's Contact Information

  • RE:  Sports And Outdoor Retail Operation
  • Contact:  Jeff Elder

Quick Facts

Asking Price: $10,000,000
Annual Revenue: $7,671,018
Net Profit: Not Disclosed
Cash Flow: $2,478,600
Total Debt: Not Disclosed
FF&E: 123,096
Real Estate: Not Disclosed
Year Established: 2002
Employees: 11
BBN Listing #: 2316392
Broker Reference #: #71456JE

Email or Print Listing

Business Overview:

Lucrative outdoor sporting goods store opportunity on the Texas Coast. Started in 1977. Current owners since 2002. This store has it all for outdoor sporting enthusiasts. Guns, ammo, hunting gear, clothing, fishing gear, boating accessories and much more. This business has built a great name and outstanding reputation over the last 40 years as the go to destination for all fishing and hunting needs. Customers come in from all over Texas and the US because of their dynamic inventory. Company has significant purchasing relationships with over 250 vendors.

Included in the price is $1,500,000 in inventory. Being fully stocked is a big reason why the business has done so well. Also included is seller estimated $1,500,000 for land, building, furniture, fixtures and equipment. The professional setup of the store and its efficient layout lures customers to return. The business has a complete staff in place. The staff prides itself on local area knowledge, personal services and availability of products.

The sell of this turnkey business will provide training. Interested parties will be required to state amount and source of funds. Refer to File #71456JE. Please respond with your name, email/mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.

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Additional Details:

  • The property is owned.
  • 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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This can be a life changing opportunity for someone wishing to purchase a bicycle store in Colorado’s Front Range. This bicycle store is one of the top performing bicycle stores in the country with profitability over four times the national average. (15 to 20% net income vs. the industry average of 4.7%). The business is focused on a profitable niche in the cycling industry. The limited competition and national reputation of this business drives the strong profits. The business has served generations of customers over the past 27 years and offers a wide range of products and services, including bicycles, supplies, repairs, and clothing. With a prime location and a loyal customer base, the business has extensive growth potential.This bicycle store has substantial growth potential. The sport of cycling encourages outdoor activities and living a healthy lifestyle. For this reason, the cycling industry is growing rapidly as more and more people are becoming environmentally and health conscious. The demand for bikes has never been higher and there's no end in sight. Bicycling has grown into one of the most popular recreational sports, along with walking, running, and hiking.The business is for sale because the owner is wishing to retire. This is a once in a lifetime opportunity for someone wanting to get into the bicycle business. This business is positioned for solid, recession proof profits for years to come. The owner is actively involved in the day-to-day running of the business and is offering a comprehensive handover and transition period. This is an opportunity not to be missed.

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Guns, Guns, and More Guns - and Archery Too!

Not Disclosed, OK
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Established in 1978 by current owner & founder, this is an award-winning retailer specializing in the firearms & archery niche. Options include but are not limited to rifles, handguns, and shotguns of all sizes and calibers and stock a wide range of products for target archery, recreational archery, bowhunting, traditional archery, and bowfishing. In general, revenue can be broken down as firearms (35%), ammo (25%), archery (22%), firearm accessories/sporting goods (8%), optics (4%), reloading (4%), & black powder (2%). And as a convenience to their customers, they offer layaway & pawn services.In the last three years, they became one of only three Ten Point Archery Repair Centers in the state of Oklahoma. Other competitive advantages include their reputation for archery knowledge, customer service, community involvement, & relationships with manufacturers. As such, manufactures know who they are and they trust them to work on their products, therefore will to send parts to make repairs in-house.The company employs 9 individuals in various capacities (5FT/4PT) including the owner’s spouse and daughter. The current owner works 20 hours per week or less supervising buying & monitoring pawns & layaway expirations. His wife does the bookkeeping & their daughter works full time as the GM.The subject company operates from a 6,862 square foot facility located Oklahoma. The location is considered adequate for the business and immediate growth plans but is somewhat dependent upon the exact location to operate successfully because they have been in the same location on historic Route 66 since inception. The owner of the business also controls the ownership of the properties.The Company uses the buying group Sports, Inc. for 84% of purchases. And although they have their preferred suppliers, other options are available.Customer Concentration RiskThe customer base is predominantly male, regardless of age, but over the past 15 years, women’s participation has increased. They also target youth shooting sports: In their region, they have the highest participation rate for the Archery in the School Program in the state, along with the Scholastic Shooting Sports Program, which is shotgun shooting sports in schools. Geographically they serve the greater NE area of OK including Rogers County, the greater Tulsa area, the surrounding areas, and many customers that drive from all over OK, KS, MO, AR, TX, and more. As is typical in the retail environment, the company does not exhibit a customer concentration as a percentage of sales.Employee Knowledge!Strong Relationships and great reputation with customers, sales representative, distributers, and companies for over 44 years is a huge part of what sets them apart. They have worked with customers going on 4 generations. Being just 20 minutes outside of the Tulsa Metro area, they have thousands of people that will take the short drive the get the product and services done correctly. Large variety of products: Archery, Firearms, Black Powder, Optics, Reloading, and AccessoriesMember of Buy Group: More buying power within the industry, this allows us to have lower prices and to stay competitive.Location, Location, Location. Being in the same spot since 1978 on Historic Route 66.They have positive connections and working relationships with conservation groups in the area: Ducks Unlimited, National Wild Turkey Federation, Rocky Mountain Elk Foundation.They have great connections and working relationships with local schools that participate in the shooting sports programs and the county 4H programs.At the current time, they don’t do on-line sales.

Cash Flow $458,579
Revenue $2,599,133

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