Business for Sale – Specialty Sporting Goods Store (Niche Market)
As ownership of this business approaches retirement, there is an opportunity to purchase this specialty sporting goods store that has been serving mountain sports enthusiasts in BC and Western Canada since it was founded several decades ago.
It is known as the ‘go to’ place for the best selection of technical and recreational equipment. This is a destination business and centrally located in an affluent Metro Vancouver Area. Key people are in place with sound knowledge of industry advancements and the ability to provide insightful advice to their loyal customers.
This is a unique opportunity for anyone with a passion for niche winter sports with an entrepreneurial spirit.
New revenue streams and growth opportunities await the right buyer.
Fully stocked for the winter season, the owners are motivated for a timely sale so the new buyer can maximize seasonal revenues.
Type of Sale: Share Sale/Stock Sale
Inclusions in Asking Price:
Operational Balance Sheet Inclusive Of:
Furniture, Fixtures, & Equipment, Goodwill, Normal Net Working Capital of $400,000 Inclusive of Inventory
(Working Capital fluctuates with seasonality)
BUSINESS ASKING PRICE $ 495,000
Normalized Financial Summary
Pro Forma 2018
Revenues: $ 948,000
SDE*: $ 196,000
Revenues: $ 937,000
SDE*: $ 194,000
Revenues: $ 795,000
SDE*: $ 148,000
Revenues: $ 644,000
SDE* $ 49,000
Revenues: $ 820,000
SDE* $ 133,000
Revenues: $ 1,028,000
SDE* $ 217,000
*SDE: Seller’s Discretionary Earnings
Listing ID: #VANCOBC002-N460
Location: Metro Vancouver
Industry: NAICS 45111 – Sporting Goods Stores
Type of Business: Sporting Goods Store
- Long history in business
- Specialty merchandise with strong brands
- Well developed reputation
- Adherence to stable margins
- Affluent location
- Established customer loyalty
- Great seasonal business (take the summer off)
- Trained staff)