General Business Information
Listing ID:
4110-00479
Listing Type:
Exclusive Right of Sale
Price:
$2,450,000
Down Payment:
$2,450,000
Category:
Retail Establishment
County:
Undisclosed
State/Prov:
Florida
Sales:
$538,229
SDE:
$225,203
Description of Business
Established in 2003, this thriving sporting goods retail business on Florida’s Gulf Coast serves a high-end clientele drawn to premium coastal and
outdoor lifestyle products.
The business offers multiple income streams, including a pro tackle shop, watercraft sales and rentals, upscale apparel, and local artwork, all
bolstered by personalized customer service that fosters strong customer loyalty. It operates with no direct competition, allowing it to secure a niche market presence.
The business’s strategic location on a high-traffic route within a popular beach destination amplifies its visibility and appeal to an upscale customer base. Its turnkey operations and streamlined management requirements further enhance its attractiveness as an investment, offering minimal staffing needs while maintaining high service quality and customer satisfaction.
Positioned for further expansion, it offers year-round operational potential, online sales development, and enhanced rental services.
Listing Details
Location:
Prime location situated on a high-traffic road in a top-rated beach destination, attracting upscale clientele and loyal customers.
Organization Type:
'LLC'
Hours of Operation:
Monday - Saturday 10a -5p; Sunday 10a - 4p
Years Established:
21
Years Owned:
21
Employees FT:
0
Employees PT:
0
Managers:
0
Amount of Hours Owner Works:
48
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other $0
TOTAL OWNER BENEFIT
2024
$538,229
$226,719
$311,510
$176,249
$135,261
$64,685
$3,477
$0
$2,714
$19,066
$225,203
2023
$643,655
$287,146
$356,509
$234,275
$122,234
$77,000
$4,798
$15,032
$2,714
$13,926
$235,704
2022
$811,746
$360,423
$451,323
$280,316
$171,007
$84,992
$4,566
$14,482
$2,714
$20,181
$297,942
Assets Included in Sale
Other:
$0
Real Estate:
$1,700,000 Included
Leasehold Improvements:
$30,000 Included
FF+E:
$76,000 Included
Inventory:
$182,000 Included
Total Assets Included:
$1,988,000
Lease Information
Building Type:
The premises include 3 multi-use parcel lots. Two parcels are used by the store and the other one is a warehouse.
Summary
Reason for Sale:
Retirement and Travel
Training and Support:
Two weeks at no cost to the buyer.
Non Compete:
Five miles for three years.
Owner Qualifications:
Business Management
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00479
Listing Type: Exclusive Right of Sale
Price: $2,450,000
Down Payment: $2,450,000
Category: Retail Establishment
County: Undisclosed
State/Prov: Florida
Sales: $538,229
SDE: $225,203
Description of Business
Established in 2003, this thriving sporting goods retail business on Florida’s Gulf Coast serves a high-end clientele drawn to premium coastal and
outdoor lifestyle products.
The business offers multiple income streams, including a pro tackle shop, watercraft sales and rentals, upscale apparel, and local artwork, all
bolstered by personalized customer service that fosters strong customer loyalty. It operates with no direct competition, allowing it to secure a niche market presence.
The business’s strategic location on a high-traffic route within a popular beach destination amplifies its visibility and appeal to an upscale customer base. Its turnkey operations and streamlined management requirements further enhance its attractiveness as an investment, offering minimal staffing needs while maintaining high service quality and customer satisfaction.
Positioned for further expansion, it offers year-round operational potential, online sales development, and enhanced rental services.
Listing Details
Location: Prime location situated on a high-traffic road in a top-rated beach destination, attracting upscale clientele and loyal customers.
Organization Type: 'LLC'
Hours of Operation: Monday - Saturday 10a -5p; Sunday 10a - 4p
Years Established: 21
Years Owned: 21
Employees FT: 0
Employees PT: 0
Managers: 0
Amount of Hours Owner Works: 48
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2024
GROSS SALES: $538,229
– Costs of Goods Sold: $226,719
= Gross Profit: $311,510
– Total Expenses: $176,249
= Net Before Taxes: $135,261
ADD BACKS
+ Owner(s) Salary: $64,685
+ Benefits: $3,477
+ Interest Expense: $0
+ Depreciation: $2,714
+ Other $0: $19,066
TOTAL OWNER BENEFIT: $225,203
INCOME PERIOD, Year: 2023
GROSS SALES: $643,655
– Costs of Goods Sold: $287,146
= Gross Profit: $356,509
– Total Expenses: $234,275
= Net Before Taxes: $122,234
ADD BACKS
+ Owner(s) Salary: $77,000
+ Benefits: $4,798
+ Interest Expense: $15,032
+ Depreciation: $2,714
+ Other $0: $13,926
TOTAL OWNER BENEFIT: $235,704
INCOME PERIOD, Year: 2022
GROSS SALES: $811,746
– Costs of Goods Sold: $360,423
= Gross Profit: $451,323
– Total Expenses: $280,316
= Net Before Taxes: $171,007
ADD BACKS
+ Owner(s) Salary: $84,992
+ Benefits: $4,566
+ Interest Expense: $14,482
+ Depreciation: $2,714
+ Other $0: $20,181
TOTAL OWNER BENEFIT: $297,942
Assets Included in Sale
Inventory: $182,000 Included
FF+E: $76,000 Included
Leasehold Improvements: $30,000 Included
Real Estate: $1,700,000 Included
Other: $0
Total Assets Included: $1,988,000
Lease Information
Building Type: The premises include 3 multi-use parcel lots. Two parcels are used by the store and the other one is a warehouse.
Summary
Reason for Sale: Retirement and Travel
Training and Support: Two weeks at no cost to the buyer.
Non Compete: Five miles for three years.
Owner Qualifications: Business Management
LISTING BROKER