Outdoor Sport Equipment Rental & Sales

Location: Canada -> Alberta -> Banff
Industry: Retail > Other Retail

Businesses for sale Summary

Outdoor Sport Equipment Rental & Sales. Ref.AH071. Location Banff National Park, AB, Canada. Asking Price ? 600,000. This very profitable Business was established 30 years ago, and is known as the ”go to” place in the Bow Valley Corridor and Banff National, Alberta for all outdoor sports equipment rentals and sales. The Business specializes in the rental of outdoor sporting equipment and sales of all types of new winter and summer gear, equipment and clothing. A vast cross-section of equipment rented and sold by the Company including:

-Skis, boots and equipment
-Snowboards, boots and equipment
-Sleighs and sleds
-Ice skates
-Backcountry and cross country touring gear
-Bicycles
-Tents and camping equipment
– Winter outdoor clothing

An excellent supply base is established for procurement of all types of outdoor equipment and clothing. The basis for the considerable success achieved by this Business is the efficient and fast ‘turn-round’ of equipment that is purchased and then sold usually in less than 2 years from the rental pool in order to maximize revenue versus usage.

The Business is very proud of the high level of service that is provided for its numerous customers, many of who provide valued repeat business through contract agreements. In addition, there is always significant walk by traffic due to an excellent location and the fact that they cover literally ”everything” sets them up as the first choice place to go for rentals. In fact, even competitors send business to them! Contact for more information on this Sport Equipment business for sale.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1978
Number of Employees:  10 – 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  A full hand-over is available and the time frame can be agreed as part of the sale transaction.
Reason For Selling:  The present owner of the Business now wishes to retire.