For Sale
$1,825,000

0 Michigan UsaMichigan, ND 12345

Established business, strong sales, great location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional opportunity presents the chance to acquire a thriving outdoor sporting goods retailer in Mid-Michigan. Established over 20 years ago, this business boasts a robust inventory of hunting, fishing, and camping equipment, along with archery and firearms supplies. Operating from a well-maintained, 10,000 square foot building situated on a 5-acre lot, the property includes an indoor shooting lane and ample parking. The building, a late-model structure, features an overhead door and forklift for efficient inventory management. The business enjoys a highly visible location off a well-trafficked state highway, with no significant competitors within a 45-mile radius. Three experienced employees, possessing over 40 years of combined industry knowledge, contribute to the business's success and strong customer loyalty. The business benefits from a long-standing buying group membership, ensuring competitive pricing. Average annual sales over the past three years have reached nearly $4,000,000, with normalized annual EBITA averaging $312,545. The asking price of $1,825,000 includes a conservative multiple of annual EBITDA, the salable cost basis inventory valued at $1.2 million, and the goodwill and enterprise value of the business, including its experienced management team. The sale includes all furniture, fixtures, fixed assets, and inventory. A seller note may be available for a qualified buyer. This is a turnkey operation with significant growth potential. The business is located in Michigan, zip code 12345.

Property Details for 0 Michigan Usa

Property type
Square Feet
10,000 SF
Class
A
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Michigan
County
Nelson
State
North Dakota

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0 Michigan Usa
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