Business For Sale

Sports apparel & accessories store.

Concord, CA
Contra Costa County


Asking Price: Annual Revenue:
$299,000 $393,000

Retail: Clothing & Accessories


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RE: Sports apparel & accessories store. Broker: John Irvine
License #: DRE# 00988287

Quick Facts

Asking Price: $299,000
Annual Revenue: $393,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 2
BBN Listing #: 533930396
Broker Reference #: Not Disclosed

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Business Overview:


For more than 20 years this sports themed retail store has equipped fans for game day with its roster of team gear, apparel and memorabilia. The independently owned shop keeps its shelves stocked with treasures from various sports including baseball, football, basketball and hockey with a special focus on the local teams in the Bay Area. Though it proudly displays its West Coast roots, this store maintains a selection of gear for other teams too, meaning out of towners don’t have to paint their chests every time they leave their hotel. To continue getting quantity discounts from supplier’s large orders are placed only a few times a year making an offsite storage facility a must to keep bulk inventory. Gross sales have averaged around the $400,000 +/-. level each year being very heavy at Christmas time. The current lease terms expire August 2020 and has a 3-year option. The store pays $4500. +/- including CAM monthly for 1400 square feet. NNN taxes are not included and paid yearly. Asking price is $330,000. including inventory, seller claims inventory level to be around $400,000. +/- at cost. An inventory service should be used at close of escrow to determine the exact amount as Seller states an inventory has never been taken. For an avid sport’s fan this store will be like a kid in a candy store – you want everything and you want it now. You really need to see this store to appreciate it. Located in a busy, outdoor shopping center with plenty of free parking.

For further information on this opportunity a completed non-disclosure agreement needs to be on file. That form (NDA) is available by using this web site or by emailing the listing agent direct at JohnLIrvine@cs.com.

DISCLAIMER: The information has been supplied to the Broker by Seller. Broker expressly disclaims any and all liability for representations of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes the information to be correct, but has not verified or checked it. Any agreement or decision by buyer to pursue a transaction regarding this business should be based on further investigation by the buyer.

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Property Features and Assets:

This is located in an outdoor shopping center in a residential area with local schools nearby.

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.

Relevant Links:

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