Established Sporting Goods Store

Santa Barbara, CA
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Asking Price:$48,000
Inventory:$48,000
Established Year:2004
Gross Revenue:$135,043
Rent:$2,410/Month
BUSINESS DESCRIPTION

Reduced Over $140K!

Established Sporting Goods Store

Nearby Skate Park NOW OPEN as of August, 2023!

Recoup your investment by selling the $48k inventory
at a retail price of approx. $120k and make a profit!

Asking Price: Only $48k
Including $48k Inventory
Over $140k Price Reduction!

Unique Opportunity to own an Established
Sporting Goods Store in Santa Barbara!

Near the beach and popular campground. Ideal for selling
bikes, skateboards and water sports equipment!

Gross Sales: $135,042.67 (2022), $134,458 (2021), $190,618 (2020)
Net to Owner: $87,163.41 (2022)

Total Rent: Only $2,410.33 Total per month including CAMs/NNN (Under Market)
Lease: Assumable Lease ending on 12/31/2025 + 5Yr. Option

Square Footage: 900 Sq. Ft. + 90 Sq. Ft. Sidewalk Patio Space

Reason for Selling: Early Retirement

Parking: Shopping Center Parking
Training: 40 Hours included

Established: 2004
Owned Since: 2010

Asking Price: Only $48,000
Including Approx. $48k Inventory


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/12/2025
Facilities
Located in Best Mall in Town. Ample Parking
Competition
Minimal to no competition within 20 Miles
Growth & Expansion
Add e-bikes and other inventory not currently offered
Support & Training
40 Hours included
Reason for Selling
Early Retirement
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Jorge
De Leon
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Jorge De Leon