Specialty Sport-Fashion Retail Opportunity

Listing ID:
GUELPON001-N145

Southwestern Ontario Area, Ontario, Canada

Sporting Goods, Hobby, Book, and Music Stores

The following broker is assigned to this listing:

Philip Moffit

philipmoffit@gmail.com
Cell: 519-760-6177
Real Estate License ID: 5002438

Description

Great opportunity to purchase a very profitable niche retail and on-line business! This well-established and successful business has been in the industry for over 20 years. Excellent location with a 13,000 sq.ft. attractive modern facility which includes a fully-stocked retail store and warehouse that carries the world’s top brand names in their industry. This business is Canada’s #1 retailer in this special industry and is considered Canada’s Superstore. The business currently uses 75% of the building, so there is ample room for expansion. There is an attractive lease available to a new owner. Excellent reputation in the surrounding area with a significant online presence, the business boasts an on-line store, a blog, as well as social-media profiles dedicated to the business. Exceptional & knowledgeable staff with strong product knowledge and customer service that offers 100% customer satisfaction. Fast Ordering Process & Fast Shipping Across Canada.

Financials

Asking Price:$1,100,000
Revenue:$1,800,000
Cash Flow:$400,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$120,000 (Included in Asking Price)
Inventory Asking Price:$300,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:13,000 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1997
Year Acquired:1997
Full-Time Employees:7
Part-Time Employees:6
Reason For Sale:Retirement