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$ 1,145,000
Est. payment /mo
Active
1644 Hillside AVE #124 Victoria, BC V8T2C5
UPDATED:
Key Details
Property Type Commercial
Sub Type Other, See Remarks
Listing Status Active
Purchase Type For Sale
Subdivision Oaklands
MLS® Listing ID 1047379
Property Sub-Type Other, See Remarks
Property 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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Other, See Remarks
Virtual Tour https://youtu.be/6cCH0tgBXPU?si=f7cZPLvHTLH1Zhif
Listed by RE/MAX Generation - The Neal Estate Group