Sporting Goods Retailer. Experience in Place to Run Under Management - QLD

Description

Business type: sporting goods retail

Location: coastal Central Queensland

Asking price: $1,500,000 for goodwill and business assets

Stock: additional at cost

Typical stock value: approximately $1 million to $1.3 million

Financial profile

Price multiple: approximately 2.5x EBITDA

Gross profit: strong

Net profit: strong

Products

Sporting equipment: established

Sports apparel: established

Footwear: established

Major brands: available through buying group

Operations

Buying group membership: established

Management model: flexible

Full-time owner operation: possible

Part-time owner operation: possible

Managed operation: possible

Staff: experienced

Premises

Floor area: approximately 1,100m²

Rent: low

Outgoings: none stated

Location type: major shopping centre

Shopping centre expansion: underway

Lease

Direct competition within centre: restricted by lease and option

Growth

• Increase sales from centre expansion
• Expand product range
• Rebrand under new ownership

Buyer profile

Owner-operator: suitable

Investor ownership: suitable

Existing sporting goods retailer: suitable