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- RE: Profitable High End BBQ Retailer
- Contact: Michael Morrissey
Quick Facts
Asking Price: | $229,000 | |
Annual Revenue: | $491,596 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $92,021 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 3 | |
BBN Listing #: | 950646 | |
Broker Reference #: | 59071-170678 |
Business Overview:
The company is a profitable, family-owned enterprise specializing in the retail and service/repair of premium outdoor cooking equipment and accessories. Strategically located in a high-traffic area, the business has cultivated a loyal customer base and has demonstrated consistent growth and financial performance. Leveraging a unique product line and a proven business model, the company presents a compelling acquisition opportunity for a strategic buyer seeking to expand its footprint in the lifestyle sector or a buyer looking to own a business in the industry. Inventory is in addition to purchase price (not included), which fluctuates between $75k-$90k.
The owners had owned a Traeger grill since 1999 and were enthusiastic about the product. When their home building business encountered difficulties in 2007, they decided to open a small retail store dedicated exclusively to high end grills. Initially operating out of a modest shed at a lumber yard on Tualatin Sherwood Road, the business expanded significantly over the years, necessitating a move to a larger location in 2017. The business continues to grow overall, experiencing typical seasonal fluctuations.
Historically, the business has participated in large-scale events such as the Oregon State Fair, Washington State Fair, and the Pacific Northwest Sportsmen's Show, as well as smaller pop-up events like golf tournaments. While these events have proven to be lucrative, the increasing demands associated with managing a sizable booth have become more challenging over time.
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Property Features and Assets:
Monthly Rent: $5,000.00
Square Units (Foot, Meter): 1,100
Lease Expiration Date: November 30, 2027, 12:00:00 AM
Terms Options: Gross
Market Competition and Expansion:
Expansion: Potential growth opportunities include hosting additional events and product demonstrations, expanding the product line, and opening a second location.
Competition: The business holds a unique position in the Portland Metro area, offering a specialized product line and services with limited direct competition. While larger hardware stores carry similar grills and accessories at comparable prices, they lack the depth of product offerings and expert knowledge provided by the business.
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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