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Asking Price$550,000
Revenue$1,200,000 Established1990
Cash Flow$121,000 Employees24 full-time
FF&E$90,000* FranchiseNo
Inventory$270,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Chinook Mergers, Acquisitions and Business Brokerage is excited to showcase this outstanding opportunity to purchase an established specialized sporting goods retailer in beautiful Victoria, BC.

The business has been in continuous operations since 1990 and has operated out of its current 2,500 square foot location on a major arterial road in Victoria for more than 20 years. The business has shown consistent year over year growth since it was founded and now boasts sales of almost 1.2 million with Seller’s Discretionary Earnings of more than $120,000 per annum.

The business has been successful because they price their product competitively and follow up with unmatched service. The combination of price and service has led to an unparalleled local reputation with sports enthusiasts. The experienced staff’s commitment to service has resulted in fantastic customer loyalty – there are now more than 12,000 customers in the business CRM.

The store also has solid supplier relationships with its dozens of suppliers that will be transferrable to the new owners. Although the store caters to a specialized clientele, they do have an excellent revenue distribution between product categories and do not have to contend with high degrees of seasonality.  

If you are interested in an opportunity to generate a significant, sustainable income though business ownership this business could be right for you. For more information contact Keith MacKenzie keith@chinookmabb.com for more information.

All values are in Canadian Dollars.
Facilities:Current owners own the land and building. A new lease will be negotiated prior to completion. The store is located on a major arterial road with a great deal of drive by traffic. The retail location occupies 2500 square feet of main floor space along with approximately 600 square feet of storage space in the building’s basement. Customer Parking at the store is not an issue as there is plenty of on-site parking along with easily accessible free street parking.
Competition:This is a mature industry so there is competition but the current owners have carved out a niche and are market leaders in their geographic area.
Growth Potential:The business has experienced consistent year over year growth and expect the trend to continue under new ownership.
Training/Support:The current owners will provide enough training and support to ensure the new owners are adequately prepared to run the business.
Sale Reason:Retirement
Ad #98626
Seller Reference #1301787-KM
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Contact This Seller
Keith MacKenzie
Chinook Business Brokers Ltd.
250-710-3265
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