* Included in Asking Price
This long-established retailer of sporting goods and services also sells sports uniforms, trophies, banners and promotional materials and provides sports-related services. Much of the sports gear and clothing can be customized by their high quality graphics and large format digital printing equipment. The Company enjoys lower wholesale costs of goods by virtue of its membership in a national co-op organization that maximizes its purchasing leverage, keeps it informed on industry trends and developments and streamlines ordering and payment procedures.
Approximately 5,300 sq. ft. main building houses retail, administrative and operations functions on a 26,136 sq. ft. lot. In addition, there is approximately 2,539 sq. ft. of second level unfinished space. There is also approximately 1660 sq. ft. of detached shop. An additional 12,400 sq. ft. on the property is used for related services provided to customers and for parking.
This fixture of its community has close relationships with the schools and teams in the area. Its customer base includes individuals, companies, corporate teams, leagues, schools and community colleges. In-house services offered include screen printing, embroidery, laser engraving of trophies and plaques, signs, banners, decals, ad specialties and related, batting cages, etc. Its strategically located site enhances the value of the business.
This is a package offering of the business and the real estate and the asking price includes both. The real estate is valued at $1.6M and the $250,000 of inventory.
Required Licenses: Business
Real Estate Number: 01731143
|Competition:||The other sellers of sporting goods in this region are primarily â€œbig boxâ€ chain retailers. There are none of them in the local marketplace, and none of them can compete with the Companyâ€™s lower prices, quick turnaround on orders, and on the unique services offered by the Company.|
|Growth Potential:||: An energetic new owner will find exceptional opportunities for growth. The business has been built so far with virtually no marketing effort beyond its website, boosted primarily by word-of-mouth including Yelp reviews and the practice of working closely with local schools and sports teams. But sales can be increased just by increasing the days and hours open for business. The market areaâ€™s sustained population growth, â€œgentrificationâ€ and increased interest the health benefits of exercise activities will stimulate sales|
|Training/Support:||Subject to negotiation, the Seller will provide orientation, training, introductions, etc. as may be required for the businessâ€™ successful transition to the new ownership.|
|Seller Financing:||Seller will consider some financing for a qualified buyer|
Seller Reference #OAKLACA001-N212
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