Located in a prime area known for outdoor sports mainly for hunting and fishing, this shop has been a go-to destination for both amateur and professional individuals for over 30 years.
Key Features:
- Specialized Inventory: Offers a comprehensive range of high-quality hunting rifles, fishing rods, baits, apparel, and accessories.
- Strategic Location: Positioned in a community with continuous customer traffic and high demand for products and advice.
- Loyal Customer Base: Well-known in the community and beyond, with a strong reputation for expert service and a deep knowledge of outdoor sports.
This business is perfect for someone passionate about outdoor sports looking to own a profitable and reputable shop. The sale includes real estate and the asking price is plus inventory.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition. See Financial section for more details.
By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Asking price of the Business is $850,000 plus inventory, including real estate.
Annual Revenue and Seller's Discretionary Earnings, with year end December 31
2023
Revenue: $860,000
SDE: $210,000
2022
Revenue: $935,000
SDE: $255,000
2021
Revenue: $910,000
SDE: $255,000
2020
Revenue: $795,000
SDE: $205,000
* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
Real Estate
The area of the property is at 5,100 sq.ft. for huge retail space and for warehouse space.
For more information on this listing, please complete our Non-Disclosure Agreement
