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