haho.ca
$1,145,000
For sale

#124 1644 Hillside Avenue, Victoria - Business for Sale

#124 1644 Hillside Avenue, Victoria, British Columbia, V8T2C5

Listed 77 days ago
Overview

This business in Victoria is for sale.

Description

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:66096)

Property Details

MLS®
1047379
Property Type
Business
Business Type
Retail and Wholesale
Zoning
Unknown
Listed
77 days ago

Market Timing

Days on market
77d
Victoria listings, avg age
70d
List price
$1.15M

Long Listed: 77 days on market, against an average age of 70 days across the listings currently for sale in this city

Haho

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Listed by RE/MAX Generation - The Neal Estate Group · Ron Neal

Location

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Nearby Places

$1,145,000
For sale

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Financing

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$1,145,000

Victoria

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