Sporting Goods Retailer. Experience in Place to Run Under Management - QLD
Brisbane QLD, ID 157870
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Description
This is a well-established sporting goods retail business located in a major shopping centre in coastal central Queensland, offering excellent income, short working hours, and a flexible lifestyle for the owner. Key Features: * Part of a major buying group, giving direct access to leading brands of sporting equipment, apparel, and footwear. * Flexible involvement: the buyer can run the business full-time, part-time, or under current management with experienced staff. * Strong point of difference with wide stock availability, supported by significant buying power. * 1100 sqm premises with low rent and no outgoings. * Lease and option prevent direct competition within the shopping centre. * Experienced staff already in place to ensure smooth operation. * Prime location within a shopping centre undergoing significant expansion, increasing foot traffic and visibility. * Significant gross and net profits with potential for further growth. * Opportunity for owner-operators, investors, or existing retail sporting goods businesses to expand or rebrand. Asking Price: $1,500,000 for the goodwill and business assets, with stock sold separately at cost (typical stockholding $1M-$1.3M). This represents approximately 2.5 times EBITDA. This is a rare opportunity to acquire a profitable, well-managed, and strategically located retail business with a strong reputation and immediate operational capability.
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