Complete Hunting and Fishing Retail Business

Price: $850,000

Annual Revenue: $860,000

Minimum Equity Required: $340,000

SDE: $210,000

Location: New Brunswick

Industry: Retail

ID: 1388

Status: New

Description

Located in a prime area known for outdoor sports mainly for hunting and fishing, this shop has been a go-to destination for both amateur and professional individuals for over 30 years.

Key Features:
- Specialized Inventory: Offers a comprehensive range of high-quality hunting rifles, fishing rods, baits, apparel, and accessories.
- Strategic Location: Positioned in a community with continuous customer traffic and high demand for products and advice.
- Loyal Customer Base: Well-known in the community and beyond, with a strong reputation for expert service and a deep knowledge of outdoor sports.

This business is perfect for someone passionate about outdoor sports looking to own a profitable and reputable shop. The sale includes real estate and the asking price is plus inventory.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Asking price of the Business is $850,000 plus inventory, including real estate.

Annual Revenue and Seller's Discretionary Earnings, with year end December 31
2023
Revenue: $860,000
SDE: $210,000

2022
Revenue: $935,000
SDE: $255,000

2021
Revenue: $910,000
SDE: $255,000

2020
Revenue: $795,000
SDE: $205,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The area of the property is at 5,100 sq.ft. for huge retail space and for warehouse space.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

For more information on this listing, please complete our Non-Disclosure Agreement

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