#71456MM - Sports and Outdoor Retail Operation, Texas

Business Description:

Well established company. Started in 1977. Current owners since 2002. Current owners have been in this line of business for 40 years. Located in a fast growing city. Since a 2017 hurricane, the town has been cleaned up and the area is growing. The housing market is slim, and people are gobbling up all they can. New apartment complexes and subdivisions are popping up all over town. The pandemic has allowed people more freedom to work outside of offices and that has brought more people to live in what were their second homes or they have bought here knowing they can enjoy the area as well as work. This has added more buzz in the town. The owners’ extensive industry experience provided them the insight to plan ahead during the past 2 years. Comparing the operations to the big box stores, it is apparent how much better the company progressed and is positioned for the future. Because of this, the company drew in more customers and built the customer base. Local area knowledge, personal service and availability of product bring customers back. The store’s professional setup and cleanliness also impress customers. Another plus, is that the store carries product associated with the local area, not just product that happens to be available. The apparel line features items customers cannot get elsewhere. Many customers come from outside the town to do their shopping just for those reasons. Direct purchasing from 250 vendors has cut out the expense of the middle man and enabled the company to purchase product at the lowest possible prices.

Refer to File #71456JE. Please respond with your name, email/mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.

Listing Price :

Gross Revenue: $ 7,671,018

Cash Flow: $ 2,478,600

EBITDA; $ 2,478,600

FF&E: $ 123,096

Inventory: $ 1,246,255

Real Estate: Owned

Included in Sale: Yes

Primary Business Type: Retail Trade, Sporting Goods Store

Secondary Business Type:

Year Established: 2002

Employees: 11 FT, 6PT

Support & Training: Negotiable

Reason for Selling:

Office Reference : #71456JE

Contact : Charles Harvey

Email: ae@ibectx.com

Phone: 512-310-2966

Photo: Fishing

Photographer: Anna Marie

Attribution 2.0 Generic