Sporting Goods and Custom Apparel Retail Store for Sale in Berks County

Price: $175,000

Location: Berks County

Industry: Retail

Listing ID: 41361061082

Listing Status: New

Description

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

LISTING DETAILS

Down Payment: $175,000

Total Sales: $508,000

Cash Flow: $82,660

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

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LISTING OWNER