Outdoor Sporting Goods Retail Store, REDUCED For Sale

Description

Business type: specialized brick-and-mortar retail store

Location: West Kelowna, British Columbia

Established: 2012

Business structure: sole proprietorship

Current status: established operating business

Operating setup: turnkey

Transaction details

Asking price: $40,000 plus inventory

Inventory purchase: additional to the asking price

Typical inventory value: approximately $450,000 to $480,000

Inventory value at closing: subject to change

Sale structure: asset sale

Corporation: not included

Customers

Customer base: established

Service area: West Kelowna and surrounding British Columbia Interior communities

Premises

Operating format: brick-and-mortar retail

Location: Highway 97

Location visibility: stated as high

Vehicle traffic: stated as busy

Licensing

Regulated product sales: firearms and ammunition

Possession and Acquisition Licence: required for applicable operation

Additional regulatory requirements: subject to applicable federal and provincial laws

Operations

Business model: specialized retail

Immediate continued operation: subject to required licensing and approvals

Business model modification by new owner: possible

Expansion options

• Add online sales where legally permitted
• Expand non-regulated product categories
• Increase regional marketing
• Broaden the retail product mix

Reason for sale

Reason for sale: owner retirement

Seller motivation: stated as high