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Business ID BS7317

Sportspower - Retail Sporting Goods Store For Sale - Regional NSW

Well established 55 years old Sporting Lifestyle business in a major regional town, very Profitable $145k+ Sale Price $450,000

This business operates as a member of a buying group (not a franchise) with more than 150 stores Australia wide; it is the largest sporting retailing group with strong presence in all states and territories. It is a dynamic organisation with a significant share of the Australian sporting goods market.

This low cost business is a turn-key solution offering full independence, with comprehensive national and local marketing programs.

The business for sale is located in the Central West New south Wales and has been established since 1962 and features:

  • Turn over $1,350,000+ projected 2017 and is expected to grow
  • Main street location in a large modern shop with large second floor which is underutilised, with additional storage shed outside area.
  • Buying power equal to the largest chains
  • Easy to run including owners and 2 f/t employees with part time staff
  • Low rent with a new long term lease available
  • Great repeat customer loyalty,data base of over 15,000 client contacts.
  • Strong relationship with local sporting clubs and suppliers

This well established business opens 7 days a week and is easy to run and is priced for quick sale.

Minimum three months hand over, first month no charge then hourly rate at the current pay rate of $24.34 per hour, paid as wages.

There are a number of opportunities which we have identified and which will allow a proactive new owner to significantly increase the size of the business.

Prospective purchases would be safe in the knowledge that they are buying a business in a booming town and region. Current owners have successfully run this business for almost 7 years and there is strong, planned growth potential for energetic new owners to take this business to the next level, and also to put their own individual stamp on it - the sky is the limit.

The store is profitable and has provided the owners a good return and excellent country lifestyle over many years. This is a great opportunity to purchase a profitable, ongoing business. Be quick because it won't last. Plan an inspection you will not be disappoint.

$450,000 + Stock at Valuation

Xcllusive Finance

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Business Sale Price:
$450,000 + SAV
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