Business Summary:
THE COMPANY
This retail sporting good store is located in a satellite community to Boise. It is the only full service sporting goods store in town catering to the local population base. The store carries guns, hunting and fishing gear, team athletic supplies along with other retail items including home décor and jewelry. The store is also a licensed pawn shop but currently only pawns guns and offers consignment for gun owners. Sportsmen come to the shop to get their Idaho Fish & Game licenses and to register ATVs, boats, motorcycles and snowmobiles with Idaho Parks and Recreation.
THE LOCATION
The store is centrally located with good ingress/egress and ample parking. The business has less than one year on the existing lease which includes one five-year option to renew.
THE STRENGTHS
The strengths include being located in a rural community with no competition, a great location and many potential ways to increase sales. The business has a solid foundation of customers in an area that offers a multitude of regional sporting adventures with lots of hunting and fishing options from local rivers, ponds and the reservoir.
THE REASON FOR SELLING
The owners enjoy the business but need to sell for health reasons.
THE IDEAL BUYER
The ideal buyer would be any individual with a retail background and/or an entrepreneur interested in the Sporting Goods industry and a “lifestyle business.”
THE POSSIBILITIES
A new owner may wish to expand the inventory of clothing and guns; other options include further development of the Pawn business to include other pawn items.
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