Outdoorsman-Related Retail for Enthusiasts, Collectors, Huntsman, etc.

Oak Brook, IL
listing image
Asking Price:$6,250,000
Gross Revenue:$8,360,888
FF&E:$252,000
Established Year:2010
Cash Flow:$830,802
Inventory:$2,700,000
Real Estate:$500,000
BUSINESS DESCRIPTION

This business is very hot and extremely popular with those who seek these life-long-lasting outdoorsman products of this specific historical type. This is a great expansion opportunity for a very successful business owner in this same historic industry to get a foothold in a new geographic location and capture a buyer market that is very seasoned and loyal to this business.

The best buyer for this business is going to be a buyer or buyer group with significant financial resources. It likely requires available capital, at least in the low millions, in order to purchase this business. This is a $6.25 million transaction and will require significant available capital injection, even if a loan were to be obtained for a portion of the purchase price. This business also has a huge amount of inventory valued at $2.7 million or more that will likely not be able to be financed in part or at all in some cases using loans such as standard SBA business loans as they do not typically go as high as this purchase price and these loans will not likely cover most or all of the inventory.

This business is a prominent fixture in its specialized outdoorsman-related retail industry. It boasts a rich history and a commitment to excellence for enthusiasts and the outdoor sports-minded alike. The sale includes a very large sellable and sought-after inventory of high value, plus all FF&E, one 6800 sq ft building, and all cash flow, etc.

The physical retail store experience is unmatched. The owner/seller devoted substantial energy and resources to equipping the business with custom-built display racks of various types and sizes that are all highly precise and well crafted. The unique features of the location enhance the buying experience, and these details tend to keep customers in the store far longer than a generic store would. This attention to craftsmanship far exceeds even the most interesting retail environments.

This company embraces technology to enhance the customer experience. An online presence, user-friendly website, and social media engagement contribute to the store’s accessibility. Customers can explore product catalogs, check availability, and stay updated on events and promotions through digital channels.

With a comprehensive inventory selection, a growing customer base, and a steadfast commitment to exceptional customer support, this business presents an enticing investment opportunity. Its established reputation and track record within the industry, coupled with a strong customer base and relationships, underscore its potential for continued success and growth in the outdoor sports-related outdoorsman market.

Unique features and advantages:

Lower price point on 75% of SKUs. Highly skilled and knowledgeable staff with above-average pay. Customization capability, which is a rare onsite value-add. Established reputation and track record within the industry. Many years of success. Hundreds of Google reviews with a great rating. Approaching 20,000 organic email subscribers plus a similar amount of Facebook subscribers. High customer satisfaction and positive feedback. Profitable business operations with ownership flexibility.

* Some real estate is included in the sale along with all furniture, fixtures, equipment, and a huge amount of sellable inventory with a very high value.


DETAILED INFORMATION
Location
Oak Brook, IL
Inventory
Included in asking price
Real Estate
Owned
Building SF
6,800
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A total of 18,800 (approx) square feet of rented space is currently used for various reasons, but 6800 of it is owned in a primary retail space.
Competition
This business is unique and will be around for many decades to come. This historic industry has existed for a very long time and is a primary area of interest for various consumers in various capacities.
Growth & Expansion
This business will continue to grow, and the direction and game plan will be up to the new owner. The business can thrive dramatically with a motivating, active owner or be run absentee and rely more on the knowledgeable employees that are currently in place.
Support & Training
As much as needed and as agreed during the purchase process.
Reason for Selling
The seller has other interests in a different focus of study and business.
Report an Issue with this listing
profile-img
Dennis
Hansmann
logo-img
Dennis Hansmann