Long Established Custom Golf Club Store
Asking Price: | $129,000 |
Gross Revenue: | $114,201 |
Rent: | $1,350/Month |
Established Year: | 1995 |
Cash Flow: | $52,000 |
Inventory: | $40,000 |
FF&E: | $10,000 |
Motivated & Flexible Seller
Priced to sell quick! Sale comes with a low lease, fully functional shop - at a new great location, long time customers and following and $40,000 in inventory!!!
Custom golf club shop, with a large majority of business from e-commerce for 20+ years. The seller recently finalized the investment of a brand new modern website. The business has built a great reputation over the 29 years (and you get that with the sale) with a large long-time following of customers who return for clubs on a frequent basis. Tremendous opportunity to expand the presence locally and invest in additional marketing to reduce the reliance of e-commerce revenue.
Sale comes with established fully functional shop in great location - benches, shelves, printing and boxing, all tools and equipment to make and grip clubs AND all the inventory which includes nearly a thousand shafts - irons, wood and driver shafts..in additional to clubs heads, grips, and more.
Seller also provides transfer of 5 long-standing wholesale relationships with suppliers at great negotiated prices, AND all other digital assets including modern website, 8 business URLs (one is for the main business, but own others which are redirected - these others can be branded out), a 3,000 email list (list could have been larger if we captured emails sooner) of previous buyers - lots of repeat business and referral business. We have almost NO unhappy customers. That has been rare (maybe 4 in 30 years).
The Golf Shop is located in a great Northern Norfolk County location - near rt. 3/93 and 15 minutes to Boston. Landlord has verbally agreed to transfer the incredible low lease terms which come with heat, AC and parking.
The business, like others in the golf industry, see the bulk of its sales in the spring and summer but a spike in sales does come in during the Black Friday and Xmas season
Inquire about more revenue totals, the history is stronger than the last year as the investment focused less on marketing, and went into buildout of a new shop, moving inventory and tools and the revamping of the beautiful new user friends website. Also, the changing SEO landscape (2018 - 2020) when mostly Google Ads began to monopolize the online ad marketplace (currently being sued by the Feds for this)...all online advertising has been problematic for e-commerce across the board if your name is not Amazon or Walmart... With a new marketing campaign, with a particular focus on local awareness can easily put these numbers back to historical figures...OR possibly a dropship partnership?
2015 - $248,985
2016 - $249,525
2017 - $242,203
2018 - $141,508
2019 - $146,906
2020 - $134,934
2021 - $155,792
2022 - $150, 295
2023 - $114,201
With the purchase of the business now, you have the ability to learn and takeover during the traditionally slower season and be ready for the booming spring sales!
Inquire about the business main URL and to schedule a meeting and or shop tour..
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