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BUSINESS FOR SALE - PROFILE #  41361061082

Sporting Goods and Custom Apparel Retail Store
Berks County

Asking Price: $175,000   Down Payment: $175,000  
Gross Revenue: $508,000   Adj. Cash Flow*: $82,660  
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Executive Summary
This long-time established retail store of 40 years offers a wide-range of sports equipment and apparel along with custom team merchandise. To complement their retail inventory, they offer services for athletic gear that include custom embroidery and silk screen printing. With over 20 name-brand suppliers in stock, this is an essential destination for athletes in Berks County.
Baseball and Softball equipment are a major line for them, and they offer top of the line products including Easton Sports, Louisville Slugger, and Wilson branded attire.
According to an analysis by IBIS World, a leader in up-to-date industry reports, they are forecasting (next 5 years) an increased momentum in the Sporting Goods Store industry due to an anticipated 3.3% increase in sports participation (IBISWorld). They also observed an increase in alternative exercise methods such as Crossfit, yoga, and Pilates, which stimulates demand for sports equipment, apparel and footwear.
Features Include:
Robust Custom Team Apparel Contract Business (Diversified; Over 32 accounts; No concentrations)
Knowledgeable and courteous staff
Numerous custom options for small and bulk orders
Comfortable, energized, and inviting atmosphere
Active website with prominent search placement
Very high customer satisfaction ratings with strong recommendations (4.7 rating, Yelp)

Vital Stats:
Listing Price: $ 175,000
Revenue 2019: $ 508,000
Cash Flow: $ 83,000
Employees: 2 FT; 1 PT
Geographic Area: Berks County
Building: Leased; Retail Space 2,640 sq. ft; Office/Storage Space 1,248 sq. ft
Retail Revenue: 20%
Contract Revenue: 80% (Diversified, Well distributed over 32 accounts; No concentrations)
Operating Hours: Monday-Wednesday & Friday 9am – 6pm;
                         Thursday 9am – 7pm; Saturday 9am – 4pm

Acquisition Highlights

  • Financing Information:  Negotiable
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1979 Inventory:
Employees: 2 FT, 1 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ray Melcher
Phone:  (610) 898-8086
Fax:  (610) 898-8090
E-mail:  rmelcher@vrmarathon.com
VR Business Brokers - Wyomissing, PA
4 Park Plaza
Wyomissing, PA 19610
www.vrmarathon.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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