Sports & Leisure $1m In Revenue 3% Rent

Sportspower Stawell is a member 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 Sport Store has been part of Sports retail network in the Western region of Victoria for over 50 years, and under the current owners for over 20 years and has been successfully assisting local customers, clubs, and sports associations in the region plus surrounding areas over that period.

This business continues to show consistent revenue growth even through the COVID -19 period with revenues of circa $1miilion and returning strong and consistent profits back to the owners.

Sportspower Stawell is an ideal family business or for perhaps a partnership looking to operate a long standing and successful business in a large progressive regional NSW market.

The business also operates Stawell Tackle & Marine a specialist fishing store and there is an option to acquire both or either businesses separately.

Features

· Revenue circa $1million.

· Excellent size and location.

· Low fixed costs.

· Access to major brands such as Asics, Adidas, New Balance, Kookaburra, Russell Athletic, Gray Nicholls, Shimano, Jarvis Walker

· Operated under Licence from Sportspower

· Full Buying, Marketing and Retail support, with full Independence to operate your business.

· Personal Shopping, Online, and Club business

Premises

· With a flexible Lease + options available

· The store of circa 300m2 in size plus storage of 200m2 has a large capacity ideal for displaying all the product and brands stocked.

· Base Rent $30k & Outgoings circa $6k + GST

· Currently trading 5 1/2 days a week

With the current vendors now heading towards retirement, now is your opportunity to acquire this business with a great business model, whilst keeping the local population fit and healthy, and backed by a successful marketing team with buying power that provides ongoing marketing and buying support to you and your business, but allowing you to have the flexibility and independence to operate at a low membership cost.

The current location in this busy retail centre of Stawell provides exceptional access to key industry brands, but with still plenty of opportunity to enjoy continued growth.

Priced to sell at $250,000 NEG plus Stock At Value of circa $350,000 for both businesses. Alternatively the vendors will consider splitting and selling each one separately providing a lower purchase price.

Further business profile with full financial details are available for interested parties.