Sporting goods store in North Metro. Summer and Winter Sports. In-house lettering services. Cash flow $200k, $300K down. Seller financing at 8% interest for 10 years. 3-2609

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Sports Related Businesses for Sale

Established in 1969, this high-quality sporting goods store has a great variety of summer and winter sporting apparel and gear. In-house capability for lettering and embroidery services, with experienced staff with over 20 years of experience. Repeat team’s customer base. Over $180K in FFE and $700K in inventory.

The store carries sports clothing for men, women, and children. The store has established a strong name for itself in the marketplace due to its longevity in the market. Most of the company’s business is repeat. The store enjoys an array of competitive advantages including: a vast product assortment and quality, relentless focus on creating an exceptional customer experience, and capable repair and lettering services. The well-appointed 10,000 square feet store in located in the heart of North Metro near key high schools and teams.

Financial Information

  • $1,000,000 Asking Price
  • $200,000 Cash Flow
  • $1,200,000 Gross Revenue
  • $300,000 Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: Minnesota

Financing Comments

  • Seller financing for $700,000 at 8% interest for 10 years

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1969
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 7
  • Part-Time Employees: 4
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $700,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 10000
  • FF&E Included?: Yes
  • FF&E Value: $187,000
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-50466

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