brochureSaleBus. 4018 Memorial Hwy.pub

PRESENTED BY:
George Yineman, Commercial Realtor
701.223.2450 office
[email protected]
aspengrouprealestate.com
FOR SALE
4018 Memorial Highway
Business For Sale
Price:
$139,000 , includes the business
assets, store fixtures, all inventory,
tools and supplies, customer list,
cash register, signage.
Features:
Extraordinary Hobby Shop
Can be relocated to another location
Vendor relationships to include
exclusive distribution channels,
good will and training.
3712 Lockport Street, Suite C
Bismarck, North Dakota
This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
All references to age, square footage, income and expenses are approximate. Buyers or lessors should conduct their own independent investigations and rely only on those results.
Information Sheet
4018 Memorial Highway
Mandan, ND
Extraordinary Hobby Shop!
Business Only
This business is located in Mandan, ND but can be relocated to another
location. The business has a loyal following of repeat customers. The
purchase price of $139,000.00 includes the business assets, store
fixtures, all inventory, tools and supplies, customer list, cash register,
and signage. Vendor relationships to include exclusive distribution
channels, goodwill and training.
The business sells remote control vehicles, scooters, model airplanes,
trains, cars, monster trucks, models, kites, puzzles, games, hobby
items, RC items, replacement parts, accessories, fuel and just about
anything of interest to hobbyists. The business features several full
lines of hobby products and specializes in the repair and maintenance of
RC and small engine vehicles. The current owner has established a
loyal network of repair work in the small engine category allowing for a
unique and profitable business. The new owner should benefit from this
demand and the repeat business that compliments product sales.
Information Sheet
4018 Memorial Highway
Mandan, ND
The business has consistently competed with larger shops and internet
based vendors and has won the loyalty of local and regional hobbyists.
Items that are not in inventory can be acquired often within days and
have established this business as the go-to source for all hobbies.
Special order items make up over 15% of all sales. Most items sold
are in stock thereby establishing the customer loyalty.
Due to the nature of hobby products, the inventory is not considered
cyclical or seasonal and fares with year-round demand. None of the
inventory on hand is outdated or obsolete.
The business hosts several RC race competitions on both the outdoor
and indoor race tracks available on site. These race courses bring
enthusiasts from all over to compete. The business has earned the
reputation of “the source” for remote control equipment, parts and
repair because of the successful event hosting. Many visit with their
RC try it on the course and end up purchasing items as a result of their
visit. There is no charge to use the course at the present time, but other
similar businesses have charged a membership fee for course time,
and the new owner may consider this revenue stream. There has never
been a mailing list used, but there is a huge potential for this. The
business hosts RC races and attracts 20-30 racers each race day.
Information Sheet
4018 Memorial Highway
Mandan, ND
Quite unique to the business is the attraction of enthusiasts that become
loyal customers. The venue has become a hangout for repeat visitors
that check out “what’s new”. The business resembles more of a
“clubhouse” atmosphere for customers with a sense of excitement
toward their hobbies. Cold drinks are available, and, of course, you can
purchase the latest that technology has to offer.
Many enthusiasts spend well over the initial purchase price of their
RC on accessories. Most enthusiasts have 3 or more RC’s. The average
sale per visitor is approximately $50.00. The average charge on a repair
ticket is $30.00. Current revenue is approximately $1,000.00 per day. The
average number of customers is approximately 16—25 customers per
day. Sales sheets are available upon request.
The current business could benefit from the sale of products over the
internet . The new owner may want to implement this strategy for
additional revenue.
The business operates with minimal labor. The current owner has made
his love of hobbies his dream job and is willing to pass the baton to
another enthusiast with the same interest. The owner is willing to stay
on to train the new owner(s) of the business for one month.
The current owner may be willing to consider a lease-back
arrangement for the new owner to keep the business in the
existing facility.
Located Near:
Open Road Honda
D & S Auto & Trailer Sales
Gray Oil Co.
Stockman’s Supply West
Lonesome Dove, Inc.
Action Motor Sports
UBC
Runnings Farm & Fleet
Schwan GMC Buick Pontiac
Bobcat of Mandan
Extreme Sales (Trailers)
Circle Diamond Ranch Supply
Dakota Community Bank
Kroll’s Diner
Located Next To:
B & K Business Park
Val’s Auto Beauty Center
Dakota Country Spas & ATV’s
Sign Pro
Line-X of Bismarck/Mandan