Turnkey Sporting Goods with Indoor
1326 Newark Rd Mount Vernon, OH 43050
For Sale
$650,000
Turnkey sporting goods business with an indoor archery range, offered with inventory and retail assets for immediate continuity.
Property Size5,271 SF
Price / SF$123.32
Days on Market95
Property Features for 1326 Newark Rd
General Information
- Standard status
- Active
- Size
- 5,271 SF
Listing Agency:
Wilson Family Realty Corp
(419) 512-6542
Listed By:
Justin Enix
(419) 512-6542
Source:
Exprealty
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 10:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilson Family Realty Corp
Investment Insights
Based on property information with market context.
This for-sale offering presents Rick’s Sporting Goods as a turnkey sporting goods business, including inventory and the associated retail assets to support an efficient transition for new ownership. A standout operational feature is the indoor archery range, which differentiates the store from typical sporting goods retailers. The business is described as long-standing with a loyal customer base and a proven income history, and it is being sold due to the owner’s retirement.
The business is located at 1326 Newark Rd in Mount Vernon, Ohio, in a high-traffic location as described in the seller’s remarks. The opportunity is positioned for a well-qualified buyer looking to step into an established operation with an existing local reputation.
This is a business-only sale; real estate is excluded. The included inventory and retail assets are intended to make this option practical for an owner-operator, an industry buyer, or an investor comfortable underwriting an ongoing retail operation with an integrated indoor archery offering. Serious and qualified buyers are encouraged to inquire to understand the full scope of included items and business transition requirements.
The business is located at 1326 Newark Rd in Mount Vernon, Ohio, in a high-traffic location as described in the seller’s remarks. The opportunity is positioned for a well-qualified buyer looking to step into an established operation with an existing local reputation.
This is a business-only sale; real estate is excluded. The included inventory and retail assets are intended to make this option practical for an owner-operator, an industry buyer, or an investor comfortable underwriting an ongoing retail operation with an integrated indoor archery offering. Serious and qualified buyers are encouraged to inquire to understand the full scope of included items and business transition requirements.
Key Highlights
- Business‑only sale: Rick's Sporting Goods, a long‑standing sporting goods business
- Indoor archery range included, supporting repeat customer traffic
- Offered as a turnkey operation with an established brand and loyal customer base
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.4k | $5.76 |
| − Vacancy | −$1.1k | −$0.21 |
| EGI | $29.3k | $5.55 |
| − OpEx | −$8.8k | −$1.67 |
| NOI | $20.5k | $3.89 |
5,271 SF · lease $5.76/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $102,917 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Turnkey sporting goods business with an indoor archery range, offered with inventory and retail assets for immediate continuity.
Where is this retail space located?
The property is located at 1326 Newark Rd Mount Vernon, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Business‑only sale: Rick's Sporting Goods, a long‑standing sporting goods business; Indoor archery range included, supporting repeat customer traffic; Offered as a turnkey operation with an established brand and loyal customer base
