S347 – Seasonal Sports Retailer with Booming

Seasonal Sports Retailer with Booming Internet Sales

Location

City South Texas
State Texas
County South Texas

Financial Information

Asking Price $199,000 Show Loan Calculator
Down Payment Negotiable
Annual Receipts $437,000
Cash Flow $66,000

General Information

Description Doing business in South Texas for over 20 years, this sports clothing and soft goods store has thrived through relocation, road construction and multiple recessions. The owner cut back his workload several years ago by trimming the line to winter sports; and now he opens for only seven months of each year. This year, the store closed almost a month early rather than order more inventory! Despite being seasonal, the experienced employees return year after year. During the owner's semi-retirement, and despite the owner's lack of computer sophistication, the business has established an Internet presence (in English and Spanish) that generates over 30% of sales from online customers. This is an exceptional opportunity to leverage an established name, clientele, and improve business process into a much more profitable business. A new owner could choose to focus on growing the online sales, restore other lines for a year-round business with no increase in fixed costs, or continue to take a five month vacation each year with a location that doesn't require 12 months' rent. Some Seller financing may be available. Inventory is highly variable due to the seasonal nature of the business, and will be negotiated separately. The owner loves the business. He wants to have an orderly transition,. He is willing to train the new owner, and would remain as an employee at the new owner's discretion. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Bob Howells at 210-348-8989 or info@bbofsa.com.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable Yes
Year Established 1980s
Year Acquired 1980s
Employees 6 PT

Building Information

Building Sq. Footage 3,298 SF
Monthly Rent $3,298 NNN
Real Estate Available No

Contact Business Brokers of San Antonio for more information.