Unrivaled investment opportunity. FY24 EBITDA $182k. Open to Reasonable offers.
This business operates on weekdays from 8:30 am to 5:15 pm and on Saturdays from 8:30 am to 12:30 pm in a regional city with a strong focus on local sports, including various sports like Rugby league, AFL, Cricket, Rugby Union, basketball, and soccer. They stock a wide range of local and international brands, including Nike, Adidas, Asics, New Balance, and more. Sporting goods retail is a rapidly growing sector, and this business has limited competition, including an online retail component. They also supply local school uniforms and accessories.
Highlight of the business for sale
Years of Consistency in cashflow
Low staffing requirements and an exceptional lifestyle business
Under full management
Nearly 20 years of continuous operations
limited competition
Exceptional security of tenure with unbelievable lease (initial term 10 years with 4 x Five-year options to renew).
Sales revenue exceeding $1,400,000 in 2024 Financial year.
Consistent Stock turn over and SAV of $400,00 -$650,000
Price =$799,000 including Stock
Listing ID:NSW10453
Broker: Jake Jones
Phone: +61 448 725 024
Email: jake.jones@linkbusiness.com.au
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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW10453
Ref: NSW10453
Timestamp: 20241022120004
