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Listing Details - A UNIQUE SPORTS FACILITY
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A UNIQUE SPORTS FACILITY
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NASSAU COUNTY, NY - New York, Nassau
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
M86754 |
| Status: |
Sold |
Listing Details
| Listed Price: |
$499,000 |
| Down Payment: |
$250,000 |
| Total Sales: |
$553,000 |
| SDE: |
$150,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$50,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$100,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
Owner is ready to retire and move to a new phase of life!! |
| Training: |
OWNER WILL COMPLETELY TRAIN |
| Financing Terms: |
OWNER WILL CONSIDER |
Operations
| Year Established: |
2006 |
| Last Acquired: |
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| Form of Ownership: |
S-Corp |
| Home Based: |
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| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: / Part Time: |
| Managers: |
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| Hours: |
M-F 12:00 PM - 9:00 PM SAT 10:00AM -6PM SUN 10:00AM -4:00PM |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
3/20/2016 |
| Option: |
NEW 5 YEAR LEASE OPTION |
| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
$6,200 |
| Square Footage: |
12600 |
| Facilities: |
INDOOR ARCHERY FACILITIES AND RETAIL EQUIPMENT WITH AMPLE OUTDOOR PARKING. Space not being used by facility is now being sub-leased for storage, lowering the rent. |
Summary
| Business Description: |
One of the Tri-State's largest sports facilities featuring retail store,indoor archery ranges,sales, service, equipment rentals and instructions for all skill levels,including children. This modern facility is a major distributer for all major equipment lines in it's particular specialty. It maintains a large following that includes families, leagues, junior leagues, scouting groups, schools and the general public. Gross for 2010 up $85,700 to $553,000! Now has a manager who runs operation, which makes this perfect for investment or semi-absentee owner. Space not being used by facility is now being sub-leased for storage and bringing in $1800 month, lowering the actual rent to $6200! Business is booming but owner is ready to retire and move to a new phase of life!
For more info please fill out the NDA on our homepage WWW.LISITENASSOCIATES.COM and fax it to us at 212 661- 4285 or e-mail it to mel@lisitenassociates.com |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
There is currently no competition to this particular facility. |
| Potential Growth: |
Unlimited growth potential by advertising and by adding a variety of other types of sports to this facility. |
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