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Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

Successful Running Shoes & Apparel Retailer

Location  Michigan,United States
Asking Price Range  < $250K
Gross Revenues  $474000
Net Profit / Cash Flow  $88000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1985
Number of Employees  1 - 3
Inventory  60000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Retirement
Description  A highly successful and very popular retail running store is available for sale in Mid-Michigan. This business has been owned and operated by the same individual in the same location since 1985. The business is very well known and is respected as an expert in the science of running. The business is known to be the best source for state-of-the-art running gear and accessories in the market. According to Running Insight magazine, ''The running market remains the hottest category in the foot wear business''. The magazine goes on to state that because running stores are doing so well with customers during the shopping experience the segment has grown by almost 40% since 2006. The magazine ends the article with some commentary from customers who wouldn't even consider buying shoes at a big box store as they simply don't have the inventory or expertise. The current owner is looking to retire but will work with new ownership long enough to ensure that the new owner is firmly established in the community and has an understanding of the industry that will keep this store a desired destination for the serious runner. If you are looking for a retail running store that offers the most advanced equipment and technology in shoe fitting and running accessories this is the business for you.
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