 |
Golf Shop For Sale - Bend, Oregon, OR - Deschutes County |
 |
| PROFILE: High End Retail Golf Shop. |
| Status: |
Available |
|
| State: |
Oregon |
|
| Location: |
Central Oregon |
|
| County: |
Deschutes |
|
| City: |
Bend |
|
| Primary Category: |
Retail Related |
|
| Alternate Category: |
None Given |
|
|
|
| USABizMart Ad #: |
131265 |
|
| Seller Or Contact: |
Brody Mape |
|
| Primary Phone: |
541-383-2444 |
|
| Alternate Phone: |
None Given |
|
| Email Address: |
See Form Below |
|
| Date Ad Started: |
11/17/08 |
|
| Date Ad Last Revised: |
11/17/08 |
|
|
| Asking Price: |
$700,000 |
|
| Down Payment: |
$500,000 |
|
| Annual Revenue: |
$1,162,242 |
|
| Annual Adjusted Net: |
$66,000 |
|
| |
|
|
|
|
|
|
|
| Franchise: |
Yes |
|
| Relocatable: |
No |
|
| Home Based: |
No |
|
| Lifestyle: |
No |
|
| Real Estate Included: |
No |
|
| Bkr To Bkr Cooperation: |
Yes |
|
|
DESCRIPTION: High End Retail Golf Shop - Successful, Beautifully Built-Out Retail Golf Shop In Central Oregon. Store Was Awarded New Store Of The Year In 2006 By Franchise. Store Is Through The Startup Phase And Has Exceeded Expectations For Profitability. Take Advantage Of A Turnkey Operation And Attractive Lease Rate.
This Shop Has A Unique Market Position And Is Located In A Golf Vacation Destination Area With Over Two Dozen Golf Courses.
There Are Many Opportunities To Expand This Business Including Additional Promotions, Demonstration Days And Internet Marketing.
Three Full-Time And Six Part-Time Employees. Hourly Employees Paid From $9.00 To $11.00 Per Hour. Salary Employees Earn From $28,500 To $38,000 Per Year. Manager Is On A Base Salary Of $38,000 Plus .5% Of Gross Sales For A Total Of Approximately $43,000 In 2007.
Owner Currently Works 20-30 Hours Per Week. Spouse Works 15 Hours Per Week As The Woman’s Clothing Buyer.
Store Is Located In A Bend River Plaza. This Outdoor Mall Is Anchored By Shopko And Is Across The Street From Ihop, Macy’s, Sears And Other Great Stores. This Area Is Located On Busy Third Street And Includes Plenty Of Parking.
Current Below Market Lease Runs Through January 1, 2011 And Includes Two (2) Five (5) Year Options To Renew. Base Rent Is $4,563 Per Month With $1,464 Cam Charges. The First Extension Is Base Rent Plus 3% From Previous Term Rate. The Second Extension Will Be At Market Rate.
All Equipment Is Owned By The Business.
Inventory Is Very Current With 90% Being 2008 Equipment And Only 10% Being Purchased In 2007.
$450,000 Of Inventory Come With The Sale Price.
Pro Golf Of Bend Is A Franchise Store. Franchises Are Currently Sold At $50,000 For New Franchises. Franchise Agreements Define 2.5% Of Sales Royalty Fee And .5% Advertising Fee. Franchise Agreement Defines An Exclusive Territory Of A 40 Mile Radius Around The City Of Bend. There Is A $15,000 Franchise Transfer Fee Required.
Owner Is Willing To Stay On As Long As Necessary To Train New Owner. The Franchise Transfer Also Includes 2 Weeks Of Training. |
|
|
Sign Up Now For New Listings BY RSS Feeds |
|
New All OREGON Businesses For Sale RSS Feeds |
|
 |
|
|
