Business for Sale – Specialty Sporting Goods Store (Niche Market)
For the first time in decades and since it was founded, this business is now on the market as the ownership approach retirement. This specialty sporting goods store has been serving mountain sport enthusiasts in BC and Western Canada since it was founded several decades ago.
Known as the ‘go to’ place for the best selection of technical and recreational equipment, and while primarily a destination business, the store is centrally located in an affluent shopping district. The friendly staff is actively engaged in the sport and with sound knowledge of industry advancements to provide insightful advice to loyal customers.
A unique opportunity exists for an individual or couple with a passion for niche sport and an entrepreneurial spirit to take over this historic company servicing a vibrant community and seek out new revenue streams to grow the business. Similarly, this business might be of interest to other sporting good stores seeking a strategic or synergistic add-on to their current offering.
Fully stocked for the winter season, the owners are motivated for a timely sale and new owners can capitalize on the imminent revenues.
Type of Sale: Share Sale/Stock Sale
Operational Balance Sheet Inclusive Of:
Furniture, Fixtures, & Equipment, Goodwill, Normal NWC
BUSINESS ASKING PRICE $ 495,000
Normalized Financial Summary
Revenues: $ 1,025,000
SDE*: $ 200,000
Revenues: $ 795,000
SDE*: $ 147,000
Revenues: $ 644,000
SDE* $ 49,000
*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)