Retail - General Merchandise Stores | Retail - Apparel & Accessory Stores

Asking Price	Not Disclosed	Inventory
Gross Income	$1,200,000	Real Estate
Cash Flow	$155,790	Year Established	1978
FF&E	N/A	Employees	4 ft. 10 pt

* included in the asking price

** not included in the asking price

This company has a solid reputation in its marketplace with a 29+ year history providing top name brand products in the sporting goods equipment, apparel, and shoes industry. They are an authorized dealer for numerous vendor products with a gross profit that exceeds the industry average for the past 3 years. Their largest customer in 2006 accounted for only 7% of sales. Business is currently located in the local mall with 4,230 sq. ft. of retail, office and storage space. Current owner works between 5 to 20 hours a week, and has 4 full time and 10 part-time personnel. Our client represents a well-positioned, excellent opportunity to purchase a long established, solid company with strong sales and a stellar reputation in the retail industry. Management cites several opportunities to create growth over the next few years by expanding the product line and customer base, and adding an outlet store in the area. Between 2007 and 2012, management projects sales to grow by 4.6% yearly, reaching $1,500,000 by period end. For more information on this great opportunity please contact Roger Hutson at 515-964-5431.

Competition: College area, high traffic mall, little competition, excellent customer service

Financing: This is negotiable

Support/Training: The owner is agreeable to working with new ownership post transaction to ensure a smooth transition and business continuty.

Reason Selling: Retirement