Asking Price: $365,000

Gross Revenue: $411,000

Cash Flow: $17,137

Inventory: $135,787 (Included in Asking Price)

FF&E: $33,500 (Included in Asking Price)

The Play It Again Sports franchise system provides a strong network of over 450 stores that sell quality used and new sports equipment. The Bellingham store is highly visible in the popular Sunset Square Mall where traffic counts are extremely strong and parking is excellent. It is the only store within 75 miles whose business model is built on this niche business The store is strategically located on the direct route to the Mount Baker Ski Resort. Four years ago the owner locked in a lease rate that is considerably below the going rate and has six years remaining.
The current owner has done all of the hard work in setting up this franchise. The owner has another full time position in another industry and travels out of the state and country at least twice a month. The time and energy to implement this stores long term goals and strategic plans require full time attention which the current owner can no longer commit to. Even with strong demands on the owner’s time the Bellingham Franchise recently was awarded the highly coveted gold standard as the second highest performing store among 60 in its category.
Store financial records show strong sales growth. Gross margin percentage has been steadily growing as had the growth of the customer base. The bottom line has absorbed additional management and personnel expense due to lowering involvement of the owner.
This is a phenomenal business opportunity for the right ownership. Over the last four years the current owner has constructed a strong foundation from which to continue to build the franchise. Community and customer loyalty is extremely positive and solid. The right ownership that is fully committed can take this stores success to the next level. In today’s price/value oriented market, there is not a better opportunity for a business owner.

Year Established: 2003

Employees: 1 full time - 5 part time

Franchise: Yes

Facilities: See Description

Market Outlook and Competition: See Description

Reason For Selling: See Description