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South Charlotte

  • Listing Number: 203-21849

    Category: Retail

Asking Price $250,000
Gross Revenue $639,813
Total Adjusted Net Income $113,506
Equipment / Fixtures $5,000
Year Established 1972
General Location South Charlotte
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Profitable Archery Pro Shop with Indoor Range facilities including a well-stocked retail and repair shop. Widely known as the go to center for archery in the region. This shop attracts sports enthusiasts from the recreational beginner to the elite hunter in the Piedmont North Carolina and Upstate South Carolina region. Founded in 1966, the current owners purchased it in 1995 and continued the legacy of being the finest full-service Archery Pro Shop in the Charlotte Region. This shop has protected territories of the finest brands. The shop also sells and services all major brands of archery equipment and offers rental equipment, instruction and group activities. The current owners are ready to retire and turn the legacy over to the next generation.

Gross Revenue
$639,813
Listed Price
$250,000
Total Income
$113,506
Base Rent
$4,000
Square Feet
3300
Total Rent
$4,228
Lease Expiration
05/2024
Lease Options
1 / 1 year
Inventory
$115,000
Leasehold Improvements
3000
Equipment / Fixtures
$5,000
Full-Time Employees
1
Training Period
Two weeks
Part-Time Employees
2
Reason for Selling
Ready to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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