Listing status: Inactive
Reason: --
Highly Profitable Sporting Retail Store Located on the Beautiful South Coast!
Highly Profitable Sporting Retail Store Located on the Beautiful South Coast!
Industry :
Beauty/HealthSub Industry :
Recreation/SportAbout the business
A fantastic opportunity to purchase this long established and highly profitable sporting goods store has just become available.
The business has been in operation in excess of 25 years so has certainly stood the test of time.
The store sells a large range of sporting goods & equipment, footwear, apparel, and beach & snorkling equipment.
Sportspower Batemans Bay is part of a large buying group which was established in 1985. Since then, the group has continued to increase its advertising and marketing presence, and also embarked on an expansion program that now sees Sports Power with a significant network which is highly regarded within the sporting goods industry and market. The combined strength of the group now measures more than 100 stores.
The store trades Monday to Friday 9am - 5pm, Saturday 9am - 4pm, and Sunday 10am - 4pm.
There is a lease in place to November 2022 with a 5 year option.
Batemans Bay is located in the shire of Eurobodalla on the South Coast of New South Wales – under 2 hours from Canberra - it’s a great place to live. Eurobodalla is an enviable location with plenty to offer. There are natural environments, beaches with pristine waters, an abundance of spectacular scenery and a mild climate.
This is an excellent opportunity not to be missed and would be very well suited to a couple or family.
Don't delay making an enquiry TODAY!
Sale Price $395,000 + SAV
For more information about this fantastic opportunity please contact Michael Newham of finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au
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$395,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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