Northern California Retail Hybrid Sporting Goods Store - Over 100 Years Old! - SC2228

Financial Information
Asking Price: $570,000
Cash Flow: $140,000
Gross Revenue: $950,000
Down Payment: $570,000

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.

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
Adjusted EBITDA: $120,000
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.

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191

Listed By: Myrtel Lapuz

Background information

Reference:

SC2228

Year established:

1923

Reason selling:

The Seller is selling to retire.

Finance

Sales:

$950,000

Profits:

$140,000

Operations

Employees:

Full-Time Employees: 4 Part-Time Employees: 3 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $50,000

Inventory:

Inventory Included: Yes Inventory Value: $125,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $50,000

Premises

Facility:

Real Estate Available: No Real Estate Included: No Real Estate Value: N/A

Square footage:

3000

Rent and lease terms:

Monthly Rent: $3,250

Location:

Business Location City: Northern California State: California

Opportunities

Growth:

The market size 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.

Market:

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.

Price and terms

Price:

$570,000

Down payment:

$570,000

Financing:

Seller financing is not available at this time.

Training:

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.