This retail hybrid sporting goods store is a Northern California C Corporation and has been in operation for the past 102 years (started in 1923) and under the current ownership for 37 years. The offer multiple revenue streams at this store, including screen printing, embroidery, vinyl heat press, team uniforms and equipment as well as webstores. Equipment and uniforms for baseball, softball, football, basketball, soccer, volleyball, lacrosse, hockey and track can all be found here. They offer Direct to Film (DTF) and also have on premise a large walk-in retail presence.
Financial Information
$570,000
Asking Price
$140,000
Cash Flow
$950,000
Gross Revenue
$570,000
Down Payment
$120,000
Adjusted EBITDA
Business Location
City:
Northern California
State:California
Reason for Sale
The Seller is selling to retire.
Detailed information
Year Established:1923
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 4
Part-Time Employees:3
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: Yes
Inventory Value:
$125,000
Monthly Rent:
$3,250
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3000
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The North America sporting goods market size was valued at $137.2 Billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. In addition, the growing popularity of national and international sports events, such as the Soccer World Cup, Olympic Games, and Cricket World Cup, is further contributing to the growth of the sporting goods market in North America.