This business traces its history back over 30 years. The Company specializes in outdoor sporting goods including archery equipment, MTR sales & parts, mowers, guns & ammo, knives, hunting equipment and clothing for outdoor activity. There is an indoor archery range, warehouse and a spacious repair shop for MTRs. Note: this is an Asset Sale.
The Facility is priced at $462,000. A buyer who purchases the Business must also purchase the Real Estate. Rent of $65,250 is an expense and is not included in the SDE. Consequently, that cash can be used to purchase the Real Estate. If the Buyer is seeking bank funding, the addition of the real estate can have a positive impact on the loan application and in certain situations can have a positive impact on the debt service. There are 18,429 sq. ft. which are broken down as follows: Retail Store- 10,020 sq. ft. Repair shop- 5,400 sq. ft. Warehouse- 3,000
Some adjustments to the current business model are in order. A move toward more revenue from services such as the Archery Range and the possible addition of an indoor shooting range. With 18,420 sq. ft. under one roof, a buyer has several possibilities to add to the current mix.
Sporting goods stores like Dick’s, Academy, Bass Pro and online businesses that sell this type of merchandise.
Will train for 3 weeks @ no cost ATF license to sell guns and a business license.