1028-12890 Retail Sporting Goods

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30046512
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $58,000
Year Business Established: 2012
Gross Revenue: $163,054 (Annual)
Cash Flow: $39,512 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

The fastest growing sport in the country, Pickle ball is sweeping Southwest Florida. This upscale boutique is the hub for enthusiasts from 5 to 90 years of age. The store sells tennis, racquetball, pickle ball equipment, apparel and advice. With limited competition (only one other tennis store in the county) and centrally positioned in Southwest Florida, this specialty retailer attracts customers from Sarasota to Naples. Located in an attractive strip mall with great curb appeal, good foot traffic, a branded name, affordable lease and priced to sell. Owners are relocating out of state and will consider all offers.

Additional Details

Industry Segment: Other Retail Stores
Reason for Selling: Relocation.
Value of Inventory Included ($): $24,000
Value of Furniture, Fixtures, and Equipment ($): $13,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Strip mall on US 41.
Employee/Labor Description: 1 PT. Monday-Saturday 9am-6pm.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Retail management, sales.
Competition/Market Description: Two other tennis stores in the city - 7 tennis court facilities. Pickle Ball is one of the country's fastest growing sports and is becoming a top seller in the store.
Growth/Expansion Opportunities: Limited only by marketing efforts.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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