Archery Shooting Range & Sporting Goods Business For Sale

Business description

Make an OFFER!!!

Unbelievable all in one Archery business available. State of the art indoor archery facility; 12,600 SF Includes Indoor Range, Retail store and repair shop. Currently hosts an assortment of league's and can facilitate childrens and adult party's. Owners books are meticulously kept. Business has seen steady growth in every year since opening in 2005.. Call today, this will not last...the numbers speak for themselves!

Property information

Real Estate:

Lease

Lease terms:

10 years

Leasehold rent:

$96,000 per annum

Premises details:

Unbelieveable all in one Archery business available. One of the Tri-state's largest sports facilities featuring retail store,indoor and outdoor archery ranges,sales, service, equipment rentals and instructions for all skill levels,including children. This modern facility is a major distributer for all major equipment lines in it's particular specialty. It maintains a large following that includes families, leagues, junior leagues, scouting groups, schools and the general public. Gross for 2010 up $85,700 to $553,000! Now has a manager who runs operation, which makes this perfect for investment or semi-absentee owner. Space not being used by facility is now being sub-leased for storage and bringing in $1800 month, lowering the actual rent to $6200! Business is booming but owner is ready to retire and move to a new phase of life! Facilities:OUTDOOR AND INDOOR FACILITIES 12,600 sq ft INDOOR ARCHERY FACILITIES AND RETAIL EQUIPMENT WITH AMPLE OUTDOOR PARKING Space not being used by facility is now being sub-leased for storage, lowering the rent. Monthly Rent: $6,200 Lease Expire: 3/20/2016 NEW 5 YEAR LEASE OPTION Market Outlook and Competition:There is currently no competition to this particular facility in the area. This modern facility is a major distributer for all major equipment lines in it's particular specialty. It maintains a large following that includes families, leagues, junior leagues, scouting groups, schools and the general public. Growth and Expansion: Unlimited growth potential by advertising and by adding a variety of other types of sports to this facility Owners books are meticulously kept. Business has seen steady growth in every year since opening in 2005. Contact today, this will not last...the numbers speak for themselves!

Size in square feet:

12,600

Business Operation

Reasons for selling:

Retiring

Trading hours:

Tu-Thu 12-9, Fri 12-7, Sat 10-6, Sun 10-4

Employees:

8

Years established:

5

Other information

Support & training:

3 months no charge

Financing available:

yes, will entertain offers

Inventory / Stock value:

$150,000