Well Established Christiansburg Sporting Goods Franchise For Sale

Business description

This store has been a fixture in the community for 16 years. Nestled in the Blue Ridge mountains of Southwest Virginia, Christiansburg is close to both Virginia Tech and Radford University. Outdoor sports abound with the proximity to the New River and several ski resorts. A hands on owner has tremendous opportunities to grow this business exponentially. Grass roots marketing is an area of promotion that would have an immediate impact to sales. This is a fantastic business for a husband/wife team or family operation. This store is in the second year at it's new, upgraded location near the major regional mall. Take advantage of Play It Again Sports unique business model of buying, selling and trading new and used sporting goods. In a time where everyone is looking for value, this business is a home run!!

Franchise terms

10 year franchise agreement. 4% royalty on sales.

Property information

Real Estate:

Lease

Premises details:

Excellent location - Free standing building fronting a busy road and sharing a parking lot with a major regional shopping mall. Space is 5,323 square feet and was completely built out only two years ago. Good signage on three sides of building. Plenty of dedicated parking spaces for customers. Monthly rent approximately $6,100.

Other information

Expansion potential:

New owner/operator could reduce payroll overhead. An established owner at the store level would have the opportunity to promote additional grass roots advertising. Increased interaction and participation with the local sports programs would have an immediate impact on the bottom line.

Support & training:

Seller will assist in transition to new owner. Training required by franchisor upon transfer. On-going support includes, new product buying group, marketing and advertising support, financial analysis and inventory management. On-going training, conferences, workshops, field visits and more. 4% royalty on sales. New stores pay 5%.

Reasons for selling:

Multi-unit owner downsizing to prepare for retirement.

Furniture / Fixtures value:

$43,000 (included in the asking price)

Inventory / Stock value:

$140,000 (included in the asking price)