Listing ID: ASC 08082017
Sporting Goods Store
The sporting goods sector is a multi-billion dollar industry in Canada and experts predict a growth rate of 3.5% as health conscious consumers purchase sporting goods to bolster their health and wellness. This privately owned company has served the Edmonton area for several decades. With a complete staff of full-time employees handling all operational, inventory, and purchasing duties, this expert team is enthusiastic, experienced and sports minded.
This store retails quality brand name sporting goods for the entire family, featuring a multiple of equipment for summer and winter sports. They carry a full range of new sporting goods to fit any budge and use a strategy that benefits the business in good economic times and protects it in challenging economies. This company is committed to making sports affordable for everyone. With many services offered to improve and sustain the longevity of expensive sporting equipment, this store offers a one-stop shop location for any athlete.
Why This Business?
- Brand Name Products including: Bauer, CCM, Under Armor, and many more
- Turn Key Operation
- Experienced staff members willing to stay on with a new owner
- Great Location
- Full Service tech shop
- Sales of equipment and jerseys for teams and schools
Are the current owners the founders? No How long? Since 2007
Is this a Franchise Business? No
Owner Support/Training: Willing to negotiate a suitable training period.
Reason for Sale: Owners wish to pursue other interest
Business Premises and Location
Does the Vendor own the premises? No
Is the premises part of this sale? The business location is in a leased facility on a busy street.
What is the cost of the lease? Further details available upon request.
Documents Available For Review
Business Sales Memorandum, Financial Statements, Lease Agreements
Annual Revenue: $1-1.3 Million
Discretionary Earnings: $100,318 (3 yr avg)
Assets & Equipment: $100,000
Year Established – 1987
# Of Employees – 3 F/T
Asking Price – $ 229,000 plus Inventory
Inventory – $ 500,000.
Selling Financing – Negotiable