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For sale

124 1644 Hillside Ave

Victoria, British Columbia

MLS® 1047379

$1,145,000

Status
Active
Property type
Business
MLS® number
1047379
Bedrooms
Bathrooms
Year built

Listing 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.

Property summary

MLS® number
1047379
Property type
Business
Days on market
0 days

Monika Ga'l can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Generation - The Neal Estate Group, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.