Road & Track Footwear, Apparel and Accessories (perfect for someone with an interest in running)
| Asking Price: | $34,000 | Inventory: | $17,000 ** |
| Gross Revenue: | $310,400 (comments below) | Real Estate: | n/a |
| Cash Flow: | $43,200 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Est'd for new owner in 2010 | |||
| Cash Flow Comments: Seller's Discretionary Earnings | |||
This business sells road and track footwear, apparel and accessories to school age children in running programs to casual weekend and serious long distance runners, joggers & walkers. They have been doing this in the area for over 18 years. From time to time they have sold other athletic footwear but their reputation and expertise are in shoes for runners, joggers and walkers.
Anyone wanting the best fitting shoes for comfort, foot protection and doing what they’re supposed to do will find a brand or model that fits their budget and will be perfectly fitted to their feet and style of running.
Store hours are: Monday – Wednesday 10:00 to 5:30, Thursday – Friday 10:00 to 6:00, Saturday 10:00 to 5:00 and closed on Sundays. The Owner works the business full time with several part timers.
Prior to the present economic situation we’re presently in, sales have been over $350,000 a year (2006 - $367,248, 2007 - $387,578, 2008 - $341,145). Current volume has dropped to around $258,600 and expected volume for next year (as the economy improves) is expected to be around $310,300.
The reason for sale is the Owner wants to co-ordinate and time road races full time. Business is priced to reflect current volumes and Cash Flows – which will be a great deal for someone as the economy improves.
The 2,400 s.f. store is in a Shopping Center on a heavily traveled road in Brookfield, CT. Rent to be negotiated.
Anyone wanting the best fitting shoes for comfort, foot protection and doing what they’re supposed to do will find a brand or model that fits their budget and will be perfectly fitted to their feet and style of running.
Store hours are: Monday – Wednesday 10:00 to 5:30, Thursday – Friday 10:00 to 6:00, Saturday 10:00 to 5:00 and closed on Sundays. The Owner works the business full time with several part timers.
Prior to the present economic situation we’re presently in, sales have been over $350,000 a year (2006 - $367,248, 2007 - $387,578, 2008 - $341,145). Current volume has dropped to around $258,600 and expected volume for next year (as the economy improves) is expected to be around $310,300.
The reason for sale is the Owner wants to co-ordinate and time road races full time. Business is priced to reflect current volumes and Cash Flows – which will be a great deal for someone as the economy improves.
The 2,400 s.f. store is in a Shopping Center on a heavily traveled road in Brookfield, CT. Rent to be negotiated.
About the Business
Year Established:1991
Employees:2 part time
Relocatable:Yes
About the Sale
Management Training and Support:Owner will train
Reason For Selling:Other interests - Owner wants to co-ordinate and time road races full time.
KEYWORDS: Road & Track Footwear, Apparel and Accessories
Sell Your Business | This listing has been viewed 124 times
advertisement
advertisement
| |||||
|
Recommended Resources
Sponsored Links
| ||
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||



