Play It Again Sports Sporting Goods Business In Mentor For Sale

Business description

This is an excellent opportunity for someone from the local area. The store is already profitable but can grow substantially with an operator who lives in or near the community. An increased investment of inventory will have an immediate impact on the bottom line.

Part of a national chain of over 375 retail locations including 20 in Ohio alone. Take advantage of Play It Again Sports unique business model of Buy, Sell, Trade. This is a great business in any economy but especially today. Everyone is looking for value and this business is a home run!!

Franchise terms

Franchise agreement signed through 2014, 5% royalty drops to 4% on renewal, protected territory. Ongoing support in marketing, advertising merchandising, financial analysis, inventory management. Franchisor may require additional investment in working capital and/or inventory.

Property information

Real Estate:

Lease

Lease terms:

Lease is up for renewal in June of 2009 with a 5 year option. Contact seller for details.

Leasehold rent:

$$57,000 (approx) per annum

Location:

Great location within a 20 store strip center. High traffic intersection, great visibility and easy access. Mall combines national, local and regional retailers with three anchors.

Premises details:

4,200 sq ft. Lease is up for renewal in June of 2

Other information

Support & training:

Training required by franchisor. Seller will stay on through transition period.

Reasons for selling:

Time commitment. Seller doesn't live near location which makes it difficult to manage effectively.

Financing available:

Seller will finance up to $100,000 of the purchase price.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$120,000 (included in the asking price)