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Complete Hunting and Fishing Retail Business

Brunswick, NB, CAN
Updated 196 days ago

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. 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. Operations The area of the property is at 5,100 sq.ft. for huge retail space and for warehouse space. For more information on this listing, please complete our Non-Disclosure Agreement

Represented By Broker?

Yes

Financials

Asking Price
$850K
RevenueMost Recent Year
$860K
Earnings (SDE)Last Reported
$340K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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