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Large Sports & Leisure Store Mornington Peninsula Region For Sale

Mornington Peninsula, Victoria
Asking Price:
$750,000 (AUD)
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$250K - $500K (AUD)

This Sports Store has been part of the dynamic Sports retail network and has been successfully assisting local clubs, associations and customers in the region for many years.

It is part of one of the largest retail sporting goods chains in Australia, and believe the local owner operators sets them apart from others in the industry, which is why you should consider this fantastic business opportunity!

This Sports Store is an ideal family business or for perhaps a partnership looking to operate a long standing and successful business in a large progressive market.

The business, provides exceptional access and all the key industry brands such as Nike, Asics, Adidas, Skins, Wilson, Kookaburra, Gray Nichols to name but a few and providing exceptional product knowledge and service to their core market, with still plenty of opportunity to enjoy continued growth.

The business also has a burgeoning Trophy & Engraving business and this provides further revenue streams and exceptional margins.

With strong consistent cash flow you can own this iconic and long established and fully operational, turn-key sports business.

With the franchise support, from experienced and highly regarded Australian personnel in the sports industry with the backing of brand and sourcing specialists, the future growth potential of this store is exciting.

Now due pending retirement and other significant business interests the family members now wish to sell the business leading into the key Christmas and Summer period.

Priced at $750,000 plus SAV circa $650,000.

For more information on how you can make this exciting opportunity yours today,
Contact David Wigney

Property information

Real Estate:

Lease

Lease Terms:

Lease Expiry 30th June 2021.

Location:

Located in prime retail precinct in this suburb

Premises Details:

New modern fixtures and fittings in store

Size in square feet:
640sq mtr approx

Business Operation

Competition / Market:

Minimal competition in the area

Reasons for selling:

Owners looking at retiring and spending much deserved time with their family.

Trading hours:

Trading 7 days per week

Employees:
3 Full time staff and casual employees
Years established:
Over 10 years

Other Information

Inventory / Stock value:
$650,000 (AUD)

Contact Information

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