08 8361 3074

Sports Store North Eastern Suburbs

$1,040,000 + SAV ($940,000 approx.)

Business Description

At a Glance

  • Trades 7 days per week
  • Part of worldwide franchise
  • Busy shopping centre location
  • Operating since 1999
  • Trained & experienced staff

This business proudly operates as a member of a worldwide Franchise Group. It started in 1968  and now has outlets in 65 countries and over 5,500 stores worldwide. Being a part of such a beneficial franchise, one of the many perks include their international buying power which results in the business generating a Gross Profit of just under 50%.

Providing such a large range of products, customers travel for miles with confidence knowing that the store will have something to match their specific requirements. The store has a comprehensive range of items which covers much more than just sporting equipment. While it caters for all sports and all ages, it is very much a sports clothing and fashion shop, including an extensive range of elite sports fashion brands and a wide range of children’s clothing.

This business comes with an experienced and dedicated sales team with some employees starting their journey in the year 2000! Currently the vendors work in the business; however, their hours are relatively modest – for many of the trading hours the business is run under staff management.

Melanie Winter 0408 085 932

Extended Price Information

Goodwill $1,040,000 incl. $40,000 New Franchise Fee (one off payment)
Stock at valuation (approx) $940,000

Financial Summary

Year Sales Return to Owner Return on Owner's Investment Return to Investor Return on Investment
2018/2019 $2,871,674 $376,017 18.99% $294,991 15.21%
2019/2020 $3,442,780 $468,489 23.68% $387,823 19.99%
2020/2021 $4,352,917 $909,983 45.96% $828,957 42.73

Staff Summary

7 casual shop assistants and 2 full time employees.

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