How do I find a running store for sale in Canada?
Look under footwear, sporting goods and specialty retail listings, watch for running in the description, and write to owners of stores whose fitting service and community you admire. Ask what ties the store to its owner, such as run clubs and staff expertise, and which footwear brand accounts would carry over.
A running store is not a general shoe store. Its customers come for gait fitting, advice and a place to meet before a group run, and much of that lives in the people behind the counter. That shapes how you search and what you ask. Start by deciding whether you want a store with a settled team and a following, or one you could grow into a different shape.
Where these stores are listed
Expect listings under footwear, sporting goods, athletic retail or specialty retail, and sometimes only a line in the description mentions running. Search each heading, save the searches and read new postings promptly. If a broker is involved, ask whom the broker acts for and which documents you will see after you sign a confidentiality agreement. For the general footwear checks, see what to check before buying a shoe store.
Off-market approaches
Owners who have never listed are common in this trade. If you are already a customer or a regular at the local group runs, say so honestly in a short note and offer a confidential conversation. Do not press for details at the counter or in front of staff. Keep the approach discreet so staff and the community do not hear of it first.
What a running store raises first
Ask which footwear brand accounts exist and whether each supplier will deal with a new owner. Ask who does the fittings, whether those staff plan to stay and what the owner does that no one else could. Run clubs, races and local events may rest on the owner’s relationships, so ask how they are run and who holds them.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
- 04Business Development Bank of CanadaGovernment13 terms you need to understand before signing your commercial real estate lease
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