Premium Sporting Goods Retailer
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $582249
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1934
Number of Employees 4 - 5
Inventory 20000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide transition assistance to include management during Federal Firearms License (FFL) application process.
Reason for Sale True retirement opportunity.
Description One of the oldest sporting goods retailers in North Carolina is now available for purchase! Reseller of fine shotguns, handguns, premium fishing equipment and high end clothing. Also providing expert gunsmithing services. Sale due to legitimate retirement situation. Long known as one of the finest retailers of high end sporting goods in the North Carolina.
Sells fine hunting, shooting, and fishing equipment including apparel as well as providing gunsmithing services.
Historical Summary: Long known as one of the finest retailers of high end sporting goods in the state.
Owner Qualifications: Must hold or be eligible for Federal Firearms License (FFL).
Competition: Due to State and Federal Legislation competition is limited. However, consumers have multiple options in the market and the right buyer will adopt a competitive pricing strategy and update the product mix.
Potential for Growth: Name and location are widely known going back three generations. Buyer should have marketing and product selection experience as updating everything from the merchandising to marketing will lead to dramatic gross and net profit gains. E commerce a real possibility! Current store hours are Tuesday-Friday 9-6, Saturday 9-1, Closed Sunday and Monday. Email or call Jeff Snell with ENLIGN Business Brokers at 919-341-1100 for more information on this Sporting Goods business for sale.
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