The business is a retail golfing equipment and supplies shop in the Northwest, Mississippi area. It operates in Mississippi after moving from SW Tennessee and is located very near five public golf courses and one private course.
A few of the business's strengths include:
- Sells major brand products at low prices
- Convent location with good parking
- No local competition
- Has 2,200 regular customers
- High growth potential in a fast growing community
It operates in a 1,400 square foot strip center and specializes in the sale of slightly used golf equipment. The owner does not advertise and does not have a website. This means that the new owner has the potential to generate significantly more sales through advertising and having a web presence.
The deal structure will be an asset sale. The owner is selling because he wants to retire. The owner will teach the new owner the business for a one week transition period, and longer with pay.
Owner is selling $51,000 of inventory and the asking price is $130,000. Sales for 2011 were $165,000. Seller financing of $30,000 may be available for a qualified buyer. And, with discretionary earnings of $60,000, this business offers a great return on the investment.
For additional information contact J B Payne at 901.573.8800