Undermangement & Profitable Sports Retail Business

Sydney Region, NSW
Asking Price $299,000 + SAV
Highly Profitable and managed in one of NSW's busiest regional hubs, this business belongs to a network of over 70 specialist sporting goods retailers across Australia.

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
* Unrivaled consistancy 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 $1,600,000 in 2022 Financial year.
* Consistent Stock turn over and SAV of $400,00 - $650,000

Listing ID:NSW10453

Broker: Jake Jones
Phone: xxxxx
Email: jake.xxxxx

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Ref: NSW10453
Ref: NSW10453
Timestamp: 2024xxxxx
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