Profitable Sports Goods Store Seeking Loan in Garland, USA
Skateboard shop looks to expand located near Garland’s new skatepark receiving 10 customers daily.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 35.4 thousand |
| Run Rate Sales | USD 96 thousand |
| EBITDA Margin | 40 % |
| Industries | Sports Goods Stores |
| Locations | Garland |
| Local Time | 7:56 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
500 thousand
for
5.0%
annual interest,
12
years
(Native Currency: USD 500,000)
Reason: The owner has a feeding frenzy on their hands for the product. They are having difficulty purchasing...
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Collateral Available: USD 30 thousand
Includes physical assets worth
USD
30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
FEIN
(22.0 KB)
Our IG Page
(53.9 KB)
Certificate of Ownership
(863.1 KB)
Approved CO with City of Garland
(30.3 KB)
Business Overview
- Open since the pandemic knowing Garland was building a new skatepark.
- Our business has more than tripled since the park opened this past October.
- The skatepark is just 1 block away from our current leased space.
- Excellent ties with parks and rec dept, and city council as we are working on a rezoning project to move our business closer to the skatepark.
- We get around 10 orders in a day.
- The business has 13+ vendors with whom we share very good ties and do not have any liabilities associated.
- Our business has more than tripled since the park opened this past October.
- The skatepark is just 1 block away from our current leased space.
- Excellent ties with parks and rec dept, and city council as we are working on a rezoning project to move our business closer to the skatepark.
- We get around 10 orders in a day.
- The business has 13+ vendors with whom we share very good ties and do not have any liabilities associated.
Products & Services Overview
Skateboards sales, service, custom builds of skateboards and apparel.
Assets Overview
All our products, tools, and store fixtures.
Facilities Overview
Currently leasing a 750 sqft retail shop, and working on moving to a 2,000 sqft building literally next to the skatepark.We pay a rent of USD 850 for our current leased space.
The business is located in Garland, Texas.
Capitalization Overview
- Currently, it is a self-funded business having 1 shareholder.- We have a small loan intermittently for our product.
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