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Growing Sporting Goods Retailer In HRM For Sale

HRM, Nova Scotia
Asking Price:
$399,000 (CAD)
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

This 20 year old sporting goods retailer is known to provide one of the highest levels of service in their industry. Given their large inventory selection and longstanding relationships with suppliers and manufacturers, they're typically able to meet clients needs right on the spot. Satisfaction pronto!

Revenues have been growing Year over Year, with the most recent year generating $1.48M in sales.
Seller's Discretionary Earnings in the most recent year were approximately $170,000.

Inventory has averaged $360k over the last two years.

Financing for a new buyer would typically look like 35% - 50% down payment on the purchase of the business and 25% equity requirement for the inventory, as a bank will provide 75%. Depending on time of year, the working capital requirements of the business could be as high as $25k.

Minimum Equity Required
$250,000

Leased Location:
- 5,927 sqft @ $14/sqft NET

Property Information

Real Estate:

Lease

Location:

HRM

Business Operation

Competition / Market:

No

Years established:
20

Other Information

Support & training:

Yes

Contact Information

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