Save This Business   Print   Email

Archery Sales, Service & Repair Shop w/ Exclusive Products & Territory

Contact Seller
Hot Listing
Seller Financing
Related Searches:

Manassas, Virginia (Manassas city Co.)   |  Businesses for Sale Between $150k and $250k

Asking Price:
$184,995
Get Financing
Gross Revenue:
$656,110
Cash Flow:
$87,527
EBITDA:
 Not Disclosed
Inventory:
$200,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Great opportunity to own a Niche Retail Sporting Goods Shop serving the hunting and competitive sport of Archery in the affluent Northern VA DC Metro Market. The business is very well known as there is virtually no competition in local marketplace. This business attracts customers from as far south as Richmond to as far north as Baltimore MD for product sales as well as professional service and repairs. The business has established vendor relationships with exclusive territory rights and over 100 product lines with favorable terms and incentives for purchasing inventory. The shop currently sponsors a local archery school and gets new customers with high dollar orders every year. There are other schools and events the current owner does not attend due to their family, which means there are more opportunities to sponsor for increased revenue and profits. The business has a large, loyal customer base that always seem to come back and buy more! The business offers police, fire & military discounts as well as layaway for its customers. The owner has a convenient, easy to understand cloud based POS System to track all sales, inventory and performance. The business has seen 20% growth in revenue in just the last 3 years with continued growth expected and a great opportunity to really expand the business. The owner has a simple business model that can easily be duplicated to open additional stores to serve untapped local markets. Take the business to the online world of ecommerce and see your revenue and profits soar! The business has been established for 20 years under the same ownership and is ready for a new owner to take over and bring the business to the next level. Don’t let this great opportunity pass you by!

For more information contact Dustin Zeher at 571-437-5135 or via email at dustin@horizonbrokers.com

About the Business

Year Established:
1995
Number of Employees:
1
Facilities:
The 1522 sq ft shop with exclusive rights to “sporting goods” is located in a newer shopping center that is situated in a high traffic retail area surrounded by homes and businesses. It is located on a major, highly traveled road and it has Great Visibility! The rent is $1500/mo which is below market for the area (should be about $2100/mo). Several years left on the lease with a landlord willing to offer longer lease terms.
Market Outlook/
Competition:
No competition in the Northern VA DC Metro Market, this business attracts customers from as far south as Richmond to as far north as Baltimore MD for product sales as well as professional service and repairs. The business has established vendor relationships with exclusive territory rights and over 100 product lines.
Growth & Expansion:
This business has grown 20% in the past 3 years and it can expect continued growth due to the exclusive product lines and limited competition. The business can easily be grown and expanded upon in many ways with its easy to duplicate and manage business model. A new owner will additional capital can open new locations in the DC Metro Area as there is certainly a bigger, untapped market. Add an e-commerce site for online retail sales. Host and sponsor more events to increase the business awareness in the growing sport. Established a local marketing & advertising. Any one of these things will dramatically boost revenue!
Contact the Seller

About the Sale

Reason For Selling:
After 20 years the owner is ready to pursue other opportunities.
Training/Support:
Seller will offer necessary training and support.
Seller Financing:
Available depending on the final purchase price, terms & qualifications of the buyer

Listing Info

BizQuest Listing ID:
1230391
Ad Detail Views:
2763

Attached Files Attachment Disclaimer

  aee2849c-d0aa-4786-8280-de186954... (486.67 KB)
Download


Contact the Seller

Contact the Seller
Please confirm you're not a robot
Contact the Seller

Business Listed by
Dustin Zeher
Horizon Business Brokers, LLC

 Show Phone Number

View All of My Listings
Memberships:

U.S. Census Data for Prince William, Manassas city and Manassas Park city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Prince William, Manassas city and Manassas Park city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.