Sporting Goods - Play It Again Sports
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 4 - 5
Inventory 120000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Training required by franchisor. Seller will stay on through transition period. Franchise agreement signed through 2014, 5% royalty drops to 4% on renewal, protected territory. Ongoing support in marketing, advertising merchandising, financial analysis
Reason for Sale Owner doesn't live near location which makes it difficult to operate effectively.
Description This is an excellent opportunity for someone from the local area. The store is already profitable but can grow substantially with an operator who lives in or near the community. Increased inventory levels would have an immediate impact on the bottom line. Great location within a 20 store strip center. High traffic intersection, great visibility and easy access. Mall combines national, local and regional retailers with three anchors. 4,200 sq ft. Lease is up for renewal in June of 2009 with a 5 year option. Part of a national chain of over 375 retail locations including 20 in Ohio alone. Take advantage of Play It Again Sports unique business model of Buy, Sell, Trade. This is a great business in any economy but especially today. Everyone is looking for value and this business is a home run! Asking price of $350,000. Email or call 800-842-4361 for more details on this Sporting Goods business for sale.
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