Sporting Goods Stores (2 Locations)

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BUSINESS INFORMATION

LISTING ID: 

230802

2023 REVENUE:

$4.41M

EBITDA:

$658K

Well-established business with deep roots in the community. The company operates out of 2 retail locations and also has a large warehouse.

The company has strong relationships with all major brands in the hockey equipment industry along with good working relationships with local teams and associations.

The company draws from a large pool of part-time workers. Both locations include state-of-the-art skate sharpening equipment operated by highly-trained technicians.

OPPORTUNITY

There is an opportunity to expand sales channels to reduce seasonality. The website could be refreshed to include new products and an updated catalogue. Engaging a digital marketing firm with a social media strategy can drive brand awareness, increase online traffic and revenue.

REASON FOR SALE

Owners wish to retire and explore new opportunities. They are available, for a negotiated period of time, post-closing to assist with the transition as they want to see the legacy they have built to continue.

IDEAL CANDIDATE

A purchaser should have business acumen, management skills and marketing and administration experience.

FINANCIAL REQUIREMENT

Purchaser should have access to approximately $1.5M in unencumbered funds.

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