Skate and Snowboard Shop

With two established locations this retailer of apparel and sporting goods is regarded among the best in their industry. Ownership acquired this business as a side project in 2010 and saw a potential to expand this business, with hard work and dedication they have been able to establish themselves in a strong market position through exclusivity and quality products. With over 20 years in business, they pride themselves in customer service excellence, quality of inventory, and personalized service. They offer a wide variety of apparel including jackets, shoes, hats, hoodies, pants, and swimwear. Along with apparel they offer several product lines of snowboards, skateboards, scooters, and skis. There has been a new location established in the past 2 years that was meticulously researched to ensure its ongoing success

This represents an incredible opportunity for a motivated buyer to continue to expand the business. A contract was recently signed with a huge online and brick and mortar retailer Canada-wide which will continue to grow the sales of this business. This also represents a great option to grow or expand an already established brand

*Note: Asking price includes assets, inventory will be sold be in addition and at landed cost

**Note: Revenue and Earnings are based on annualized values of 9 months of 2022 fiscal year values

***Note: Assets and Inventory are approximate and subject to change

Listing ID: BSS05112022

Asking Price: $1,200,000

Why This Business

 

  • Well-known business, with great reputation and brand-name
  • Excellent inventory
  • Multiple locations
  • Dedicated, knowledgeable employees
  • Several product lines ensure year-round business
  • Recently signed contract with a larger retailer
  • Easily expandable; high growth-potential
  • Exclusivity agreements in place with over 80 brands
  • Leasehold improvements already made
  • Established website and e-commerce capabilities
  • Franchise possibilities

Additional details

Reason for sale: Retirement
General Information: Inventory not included in sale price, Owner support/training is negotiable, Seller financing negotiable
Documents Available For Review: Financial Statements, Equipment List, Confidential Business Profile

Listing Details

Operational Summary

Annual Revenue: $1765657
Assets: $207879
Earnings: $420784
Year Established: 2001
FT Employees: 4
Inventory: $524879
PT Employees: 3
Location: Edmonton, AB
Broker: Jay Barrett
Contact: Jay Barrett (780)-495-9295

Jay Barrett

info@absales.ca

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Business Listing: BSS05112022