Internal Ref: BUY2674
Summary
This incredible business has an incredible presence in the Gold Coast market, and has so much opportunity for a motivated business owner looking for expamsion opportunities.
Revenue
$23,000 pw
Rent
$1,900 pw
Net Profit
$5,700 pw
Potential
This business is incredibly stable but also has a lot of opportunity in the wholesale market. They have great buying power and a new owner can approach the countless sporting associations to increase growth.
Reason for Sale
Owner relocating.
About the Business
This is an iconic Gold Coast Brand and caters for many sports. Offering quality equipment in store and online, this business is ready for you to walk in tomorrow and start making great money.
Small but loyal team keen to stay on, this business offers you plenty of time off, but more importantly offers a savvy business person the opportunity to increase online sales and grow market share.
With a very simple business model, great margins, and the best location, this business offers something for everyone. It is easily run under management, or work hard and keep all the cash.
Currently the owner enjoys working 4-5 days per week and has staff generally look after the weekends. This is a fantastic place to work and own a business, and just an all round feel good business.
The biggest opportunity is in the Whole sale side of the business. The seller admits marketing is not his greatest strength, and believes a more switched on and driven owner could easily pick up a lot more supply contracts.
The stability of this business is what stands out on paper, with an extremly resilient turnover and profit year on year.
If you are looking to park your money in a safe business for the 5 years like this owner did, and make 3 times the average wage, then be quick to take this 25 year old Gold Coast favourite off the market today.
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