200 N. State Hwy 3, North Vernon, IN

Retail for Sale - $299,900 - 6,440 Sq. Ft. on 1 acres


Agent Info

Mark Huelson
Coldwell Banker Martin, Miller, Lamb Real Estate

Property Info

CIMLS#1157635
Location
  200 N. State Hwy 3
  North Vernon IN 47265
UpdatedApril 4th, 2024
TypeRetail
Price$299,900
Building6,440 Sq. Ft.
Land1 acres

Property Description

Business Sale and Building Lease...Business Highlights: J & L Sporting Goods LLC is a cornerstone in the local community, offering an extensive selection of high-tech hunting, fishing, bait, and tackle products. Known for its robust sales and customer loyalty. Established Presence: A well-known and respected name in the hunting and fishing retail industry with a loyal customer base. Strong Financials: Demonstrated success with annual sales exceeding $600,000.00, underpinned by a significant inventory worth over $200,000.00 and state-of-the-art technology and equipment valued at over $100,000.00. Turnkey Operation: The sale includes all inventory, technology, and equipment necessary to continue operations seamlessly from day one. Owner Support: Benefit from three weeks of hands-on training provided by the current owner, ensuring a smooth transition and continued success. Financial Overview: The asking price for J & L Sporting Goods LLC is set at $299,900.00. This investment offers a rare opportunity to own a profitable and reputable high-tech hunting and fishing store. The price reflects not just the tangible assets of the business, including inventory and equipment, but also its strong brand reputation, loyal customer base, and established supplier relationships. Operational Insights: Operating J & L Sporting Goods LLC offers the chance to be at the forefront of the outdoor sports industry. With a well-established supply chain and a comprehensive range of products, the business caters to both seasoned hunters and anglers as well as novices. The store is renowned for its high-quality goods, knowledgeable staff, and excellent customer service. With a robust online presence and potential for e-commerce expansion, J & L Sporting Goods LLC is well positioned for future growth.


Financials