Description
Well established Sporting Goods Store with a proven track record of 28 years in the same business. The business operates from a spacious 15,260 sq.ft. standalone building, supported by a team of seasoned employees with up to 20 years of service. Annual sales of approximately $2.3 million. Inventory is maintained with over 55,000 diverse items at a cost of $1.2 million. Owner will discount the inventory down to $900,000. Inventory is in addition to the purchase price. This opportunity includes attractive owner financing terms with $600,000 down, 4% interest and flexible amortization. Owner will provide an Option to purchase the real property, enhancing investment appeal. Current lease will be at $12,000/mo. Modified Gross. Contact listing Broker for Confidentiality and Non-Disclosure Agreement to receive additional details.
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School Ratings & Info
Description
Well established Sporting Goods Store with a proven track record of 28 years in the same business. The business operates from a spacious 15,260 sq.ft. standalone building, supported by a team of seasoned employees with up to 20 years of service. Annual sales of approximately $2.3 million. Inventory is maintained with over 55,000 diverse items at a cost of $1.2 million. Owner will discount the inventory down to $900,000. Inventory is in addition to the purchase price. This opportunity includes attractive owner financing terms with $600,000 down, 4% interest and flexible amortization. Owner will provide an Option to purchase the real property, enhancing investment appeal. Current lease will be at $12,000/mo. Modified Gross. Contact listing Broker for Confidentiality and Non-Disclosure Agreement to receive additional details.
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