Specialty Sporting Goods Store with 6 locations!


SPECIALTY SPORTING GOODS STORE IN SIX LOCATIONS IN THE MID SOUTH. BY ANY ONE STORE OR ALL SIX!

Specialty Sporting Goods Business with Six Great locations! 
30 years in Business!

This business has such a well known brand and reputation in the markets it serves that one would think it is a national franchise. But it is not! This is a family owned and operated business that grew from one store in the eighties to its seven store footprint in the neighboring states of Tennessee, Alabama and Georgia today. These owners, with their extensive retail and sporting goods knowledge, are willing to stay on for training and transition or possibly even on a longer term employment basis. This business is very scalable for duplication with additional locations or franchising and the upside potential for internet growth is huge.

Founded in the eighties in TN, this business expanded to 7 stores in TN, Alabama and Georgia. Their success through the years has been by offering their customers a wide, full-line selection of specialty sporting goods. From the recreational level through the professional level they sell all major brands. They sell online, through their retail stores, to local teams and through a “mobile” operation that travels to sporting events in the Regions it serves.

Detailed Information

Detailed Information

Asking Price: $345,000 plus inventory

Cash Flow:  $296,000

Gross Revenue:$2,900,000

FF&E:  $343,211 (included in asking price)

Inventory:  $563,000 (not included in asking price)

Established:  1980s

Real Estate: All buildings may be leased.  Two of them may also be purchased.

Employees:  28

Facilities:  This business currently has 6 different stores in two neighboring states in the Mid South. All stores are in specifically selected locations targeting the most active areas for their buyers. Two of the Six stores are owned by one of the partners and are available for sale for an additional price. This is an option and the owners are willing to sell or lease. Both buildings are fantastic!

Competition:  There are other sporting good stores around but no real competition in this business's specialty retail position. Some competition exists with catalog suppliers and the internet vendors, but generally speaking, products sold at this store require fitting, thereby necessitating a local retail presence. Additionally, top managers who can foster strong ties with the local communities will drive sales and cross sell opportunities and there remains a strong sense of “buying local” within these communities.

Growth & Expansion:  Expand Internet sales and boost SEO of websites. Cost efficiency for a strategic buyer. Expansion into other markets. Possibility of franchising the business. Note that combined sales have exceeded $4 million in the past demonstrating the upside possibilities with the right staffing and metrics in place.

Financing:  Small amount is possible

Support & Training:  This is a family owned business. The owners are willing to stay on to train and transition the new owners and there is also a possibility that one or two of the owners might stay on for a longer period with an employment contract, if this would be of interest to the buyer.

Reason for Selling:  Family members are going in different directions. Travel. Retirement.

Specialty Sporting Goods Store in TN & GA


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