Atomic Source for Sports FOR SALE $2,000,000

  • $2000000
202 2nd Avenue West Meadow Lake
For Sale Active

Atomic Source for Sports FOR SALE $2,000,000

202 2nd Avenue West Meadow Lake
  • $2000000

Overview

  • Freehold
  • Property Type

Description

Atomic Source for Sports, established in 2005 and acquired by the current owners in 2010, operates as a retail sporting goods and clothing store located at 202 2nd Avenue West, Meadow Lake, Sask. Specializing in hockey and baseball equipment, the store has diversified its offerings to include E-bikes, scooters, and a growing emphasis on team and business sales. The business has developed by integrating embroidery services and joining the Sports Distributing Group. The owners, contemplating retirement at the age of 72, are seeking to sell shares to retire. The store, occupying a 10,000 sq. ft. building on a double lot, owns its premises and boasts a diverse range of assets, including embroidery machines, skate sharpeners, heat presses, and a significant inventory value $650,000. The store’s strategic plans include bidding on the new rink complex and exploring opportunities. The business, rooted in a rich history and poised for growth, presents a unique investment opportunity with tangible assets, established customer relationships, and prospects tied to the construction of the new rink complex in 2025.

  • Address 202 2nd Avenue West Meadow Lake
  • City Saskatoon
  • Province Saskatchewan
  • Postal Code S9X 1Y5

Details

Updated on December 20, 2023 at 4:41 pm
  • Price: $2000000
  • Property Type: Freehold
  • Property Status: For Sale

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Description:
Atomic Source for Sports, established in 2005 and acquired by the current owners in 2010, operates as a retail sporting goods and clothing store located at 202 2nd Avenue West, Meadow Lake, Sask. Specializing in hockey and baseball equipment, the store has diversified its offerings to include E-bikes, scooters, and a growing emphasis on team and business sales. The business has developed by integrating embroidery services and joining the Sports Distributing Group. The owners, contemplating retirement at the age of 72, are seeking to sell shares to retire. The store, occupying a 10,000 sq. ft. building on a double lot, owns its premises and boasts a diverse range of assets, including embroidery machines, skate sharpeners, heat presses, and a significant inventory value $650,000. The store's strategic plans include bidding on the new rink complex and exploring opportunities. The business, rooted in a rich history and poised for growth, presents a unique investment opportunity with tangible assets, established customer relationships, and prospects tied to the construction of the new rink complex in 2025.

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What's Nearby?

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Linda (Fangliang) Yu

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