Salehian.com 647-325-5000

124 1644 Hillside Ave

Oaklands, Victoria, BC, V8T2C5

Listed by RE/MAX Generation - The Neal Estate Group

$1,145,000

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Listed 63 days ago · MLS® 1047379

About this home

Out of Bounds Sports – Victoria, BC. Turnkey Two-Location Sports Retail Business | Share Sale. A rare chance to acquire an established, profitable sports merchandise business with two prime Victoria retail locations, a strong online platform and significant growth potential. Two established locations: Hillside Shopping Centre and Westshore Town Centre, each 1469 SF & 2140 SF respectively, both listed in their centres' retail directories. Nearly 20 years of operating history, with an established brand, loyal customer base and strong reputation in the Victoria market. Share sale including inventory: acquire the operating company, brand, goodwill, inventory and established infrastructure as a turnkey operation. Strong lease positions with renewal opportunities, providing stability for the next owner. Nationally licensed merchandise agreements covering major professional leagues including the NHL, NFL, NBA, MLB and CFL. Proven sales performance, with strong year-over-year sales and established profitability, including an operating manager salary. Established online business, including a fully developed e-commerce platform, websites, customer database/CRM and an officially licensed web store, with significant opportunity to expand online sales nationally. Turnkey operation: experienced staff, management systems, suppliers, phone numbers, websites, intellectual property, customer relationships and operating know-how all included. Growth opportunity: expand e-commerce, corporate and team sales, social media and potentially additional locations throughout BC and Canada, with franchise potential built on the existing brand and systems. Offered as part of a planned retirement exit, with training and transition support included. Financing options available O.A.C. Target closing: 2026. This is more than two retail stores. It is an established sports brand, operating platform, customer base and e-commerce business with multiple avenues for future growth. (id:66966)

Details

Type
Business
Neighbourhood
Oaklands
Municipality
Victoria

Interior

Fireplace
No

More

Business type
Retail and Wholesale

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Generation - The Neal Estate Group.

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