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Sporting Goods Store In Alberta For Sale

Peace River, Alberta, Canada
Asking Price:
$99,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
$75,000 (CAD)

This is a sporting goods and apparel store serving the Peace Country. We are a member of the Sports Excellence family, who are a Canada-wide sporting goods specialist buying group. Being part of Sports Excellence provides you chain store pricing with family oriented service while being independently and locally owned and operated.

Business is very profitable pre-Covid19. Assets including inventory total approx. $650K all included in asking price. Sale price includes $250K in payables. Seller willing to provide VTB financing for 50% of the asking price as Seller is very confident in profitability of the business.

Real Property can be negotiated as part of the sale and Mortgage on the property can be assumed.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Leasehold Rent:

$6,500 (CAD) per annum

Location:

We are a stand alone building on Main Street in the busy downtown core.

Premises Details:

We have 8000 square feet total with the building being a 2 story retail space.

Size in square feet:
7,800

Business Operation

Competition / Market:

No competition within 2 hours.

Reasons for selling:

Sellers have owned and operated the business for 8 years and would like to make a change.

Trading hours:

We operate 6 days a week from 10:00-6:00 all days except Sunday

Employees:
4
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

We are in a buying group to receive maximum discounts from Vendors

Other Information

Support & training:

Seller will provide support and training for a negotiated amount of time on sale.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will finance up to half of the purchase price spread out over 2 years.

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$550,000 (CAD) - included in the asking price
Administration / receivership:
This business is in administration / receivership

Contact Seller

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