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Sports/Recreation Business For Sale in Nova Scotia, NS (Listing ID: 2202)

Sports/Recreation
SOLD
Annual Return On Equity Calculator

Annual Earnings:

$170,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Tagged Keywords

Sports/Recreation
SOLD

Golf Central-Golf Focused Retailer

Profitability is up 44% from Feb 1 - July 31 2020 compared to the average for the 2 preceding same periods. Even with being shut down for 6 weeks during the pandemic, this has been their best year, ever! Since the golf courses have re-opened, this business has taken off like no other time in history. Memberships at Golf courses around Halifax are stronger than they've ever been.

If your ideal business is meant to ensure you are highly recognized and appreciated in the community, has upside potential for the relationship/marketing minded individual, and requires you to have a love for sport, then we encourage you to learn more about this well established business.

This 20 year old sporting goods retailer is known to provide one of the highest levels of service in their industry. Given their large inventory selection and longstanding relationships with suppliers and manufacturers, they're typically able to meet clients needs right on the spot.

Revenues have been growing Year over Year, with the most recent year generating $1.48M in sales.

SDE in the most recent year: $170,000.

Minimum Equity Required
$250,000

Leased:

- 5,927 sft @ $14/sft NET

$399,000 CAD

Nova Scotia, NS Sports/Recreation Business For Sale Details

Independent

Legal Body:

Sole Proprietor

Established In:

2000

Last Year of Completed Statements

2020

Gross Revenue:

$ 1,480,000

Annual Earnings:

$ 170,000

Land/Building Included:

No

% of Business Selling:

100%

Reason for Sale:

Personal

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.