Prime Business Opportunity, High Exposure Location
43 Edinburgh Street, Port Lincoln SA 5606
A fantastic opportunity to purchase this 25 year old established business situated in the heart of sport obsessed Port Lincoln. Home to many legendary sport stars including AFL and AFWL players Shaun Bourgoyne, Eddie Bets, Erin Phillips to the current world swimming Gold medalist Kyle Chambers and former champion weightlifter Dean Lucan. Whatever your sporting needs, age, or sporting aspiration, the Sportspower Superstore in Port Lincoln has what you will be looking for.
The regional city of Port Lincoln is a vibrant city with an enviable lifestyle, servicing the lower Eyre Peninsula district. The city is internationally known for its seafood, fishing, tourism and big White Sharks. The South Australian government recently announced feasibility funding for a number of planned infrastructure projects including desalination, hydrogen plants, new loading wharfs, to name several, all are expected to have a huge impact on regional population growth and employment.
The Sportspower Superstore has been owned and operated by Michael and Simone Marthew since 2014. In 1915 the name of the business was changed from Sportsscene to Sportspower. They relocated to a new 975 sqm premises in November 2016. The store is newly refurbished and presents a stunning and friendly retail experience due to its size and internal layout.
The store offers an extensive range of sports apparel, fitness, footwear, sporting equipment and cycling equipment. Carrying all the major brands from over 150 separate suppliers.
The business enjoys the benefits of being a part of the ARL buying group offering significant discounts on all goods purchased . There is over 100 stores nationally in the ARL group and they provide significant buying expertise from a range of suppliers, assistance with marketing and branding, training, regular conference’s and general advice. The ARL management are committed to the future success of the operation and continually seek to review and refine business practices for new opportunities and growth.
The business has a consistent weekly turnover of approximately $21,000 per week. The lease terms are attractive for such a large offering and there is considerable opportunity to continue the growth of the business. Daily management reports and stock control systems are established and provide the owner instant access off site or on site re the business performance.
This is a unique opportunity for a couple, partnership or investors to purchase a long established, highly profitable business located in South Australia’s most dynamic and liveable regional city.