Growing Sports Franchise Retailer, Loyal CustomersListing: #SV00094
About this Business for sale in Greater San Francisco Bay AreaGrowing Sports Franchise Retailer, Loyal Customers
Located in a growing territory for youth sports, this franchise sports retailer sells new and used sports equipments and gears for sports ranging from baseball, basketball, football and fitness. Sales are growing due to their newly relocated showroom on a busy street. The company has loyal customers primarily due to equipment exchange program. Customers receive credit for the new products bought and that can be used for purchasing new or used equipments for the next year. This is particularly important as the kids grow up quickly so they would need bigger bats, gloves etc. as they grow up. Also, few parents prefer to buy used equipment when a kid starts a new sport so this is a place where they can go and buy all the complete package at once for a new baseball season. This business acquires new customers through recommendation from coaches, most new players are likely to visit the store.
Owner is ready to retire and committed to make a successful transition to the new owner. The business has about $150K in Inventory and it’s included with the price.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.