124 1644 Hillside Ave, Victoria, British Columbia V8T 2C5

Listed for:
$1,145,000
0 beds
0 baths
Listed 2 days ago
124 1644 Hillside Ave, Victoria, British Columbia V8T 2C5

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About

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:27476)

Property Highlights

MLS® Number
1047379
Type
Business
Ownership Type
Other, See Remarks

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Generation - The Neal Estate Group
MLS® number:
1047379
Agent:
Ron Neal
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