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Multi-Store Retail Sports Chain for Sale in New York, New Jersey,Connecticut

Reference #: 05221597
Location: New York, New Jersey,Connecticut
Price: $2,500,000
Amount Down: $2,500,000
Revenues: $3,672,094
Discretionary Earnings: $232,967
Total Assets: $2,250,000
Business Description:

Business is a multi-store retail chain specializing in authentic and replica sports mechandise including apparel and novelties. Stores are located in the Tri-State area (NY, NJ, CT) in major malls. Company is the largest chain of its type in the Northeast. Total annual sales for the chain approximate $3.7 million with gross profit margins in the 35% to 40% range. Most products are purchased from licensed vendors. Opportunity exists for another regional or national company to add a profitable, widely recognized group of stores in the largest market in the USA to its base. On the other hand, someone interested in entering into licensed sports retailing with a major presence in an established company will find this an interesting opportunity. Inventory of $2 million is included in the sale along with store furniture & fixtures. Automotive vehicles are not included.


 


 

 


   

 


     

 


       

 


         

 


           

 


             

 


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.