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Sports Goods Store Seeking Loan in Costa Mesa, USA

Tennis retail store seeking funds to expand to a second location and start online sales.
This Business is on a Premium Plan
Established 80-90 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 0 - 10 %
Industries Sports Goods Stores
Locations  Costa Mesa
Local Time 2:00 AM Europe / Berlin
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 940 thousand for 6.0% annual interest, 10 years (Native Currency: EUR 800,000)
Reason: The company plans to develop a second store and also an internet shop to start selling online. Also ... View More
Collateral Available: USD 5.9 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
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Business Name
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Business Overview
1. Prime location in Costa Mesa.
2. Experienced and knowledgeable employees.
3. Variety of tennis gear.
4. Potential for expansion.
5. Opportunity for online sales.
6. High demand for tennis gear and accessories.
7. Ability to build a strong customer base.
8. Qualified tennis teachers to expand with tennis lessons and operate a tennis academy.
Products & Services Overview
Retail of tennis gear, shoes, bags, and accessories for tennis and pickleball.
Assets Overview
Inventory for tennis like tennis racquets, tennis shoes, bags.
Facilities Overview
Currently operating with one store, the company is interested in opening a second location.
Capitalization Overview
3 Family members are Shareholders of a total of 100% divided into 50%, 25%, and 25%.
At the moment, there is due payments total of about EUR 20k for monthly payments.
Recent Activity
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1 Investor contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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