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Listing ID: 2964549

Hawaii – Sporting Goods Retailer - Absentee Owner For Sale

Hawaii, United States

$ 75,000

(Furniture / Fixtures included)

Revenue: $ 324,894

Cash Flow: $ 50,587

Business Description

An exciting and well stocked tactical gear and hiking/camping retail store in Hawaii is offered for sale due to the relocation of the owner.

They offer the finest tactical and outdoor gear in the world. Their primary customers are military, police, first responders, campers, hikers, shooters and outdoor enthusiasts. They occupy a large, highly visible corner retail location in their shopping center which has plenty of free parking and is conveniently located near many of their customers. They have a productive retail business model and a great retail team which has been successfully running the business during the owner’s absence.

They offer a premium selection of boots, knives, gloves, uniforms, outdoor and camping gear, flashlights, tape, rope, backpacks, hammocks, tents, sleeping pads, machetes, hunting gear, military surplus, and many other items from a wide array of high-quality suppliers. They also carry a wide selection of pistol and rifle ammunition for various calibers. They carefully select everything in the store to match up with what active duty and retired soldiers, police and the general public need.

Due to the absence of the owner the store is currently only open 59 hours per week; another 20 hours a week (33% more hours) should provide good sales growth opportunity.

The business is being offered fully turnkey at an Asking Price of only $75,000 plus the value of Inventory of goods for sale at closing.

Full business and financial information, including other growth opportunities, are detailed in a full 30+ page Confidential Business Profile which will be happy to send to you. This is a great way to live and work in Hawaii and to enjoy your passion for the outdoors.

Property Details

Size:

1595

Years Established:

4

Property Type:

Lease

FF&E:

$ 4,500

Inventory Value:

$ 75,000

Other Details

Business Location:

Highly visible corner location in a shopping center on a busy street.

Premise Details:

Status: Lease, expires 10/31/19, renewable Monthly Rent: $3,960 per month plus GET + CAM; ($47,520 per year) Sq. Ft.: 1,595 Productively laid out retail space in a highly visible corner location in a large shopping center on a major highway. Plenty of free parking. Close to many customers

Competition:

Limited direct

Expansion Potential:

There are several growth opportunities, including: • Active management by an on-site owner-operator. • Bidding on government contracts. • Expand product line. • Targeting customers on the other Hawaii island via their website. • Open for more hours per week.

Planning Consent:

None required

Operation Details

Employees:

5

Trading Hours:

Operating Hours: Monday to Friday: 10 am to 7pm Saturday and Sunday: 10 am to 5 pm Currently only 59 hours per week

Support & Training:

1 week

Miscellaneous

Reason For Selling:

Owner relocated

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