Profile No. AJ-0691 |
Sports Equipment Exclusive Distributor |
NAICS or Sic Code: 33920 | Industry: Sporting and Athletic Goods Manufacturing |
Gross Sales: $304,563 | Sellers Discretionary Earnings: $104,008 |
Value of Assets Included: $27,500 | Inventory Included: $440,480,000 |
Asking Price: $1,500,000 |
2017 Revenues expected to be $750,000 |
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Description: This exclusive area distributor provides sports equipment to residential and commercial customers for a company with a 20+ year old reputation. Located on Colorado’s Front Range, the business could be relocated anywhere in the same area. The products are designed to enhance the safety of all customers whether they be professional athletes, student athletes or the everyday person that use the products to help reduce fatigue and harmful injury to muscles and joints. The product is custom made to fit each user’s individual space and style desires.
The company that manufactures the products this distributor represents have a long history of providing high quality products with a heavy focus on customer service. They continue to offer innovative designs and state-of-the-art functionality which is incorporated into all of the products they produce. Sales leads are provided by the company as well as and internet marketing campaign the seller has implemented. Qualified leads result in a high conversion ratio.
The business is currently operated by 2 people on a part-time basis.
Gross Revenues for 2016 expected to end the year at approximately $305,000 with an SDE for the same period being around $105,000. For 2017 the seller projects Gross Revenues of $750,000 and an SDE of $260,000. The Asking Price is $500,000 and the Seller will offer partial financing for a qualified purchaser.
This is an excellent opportunity for anyone that loves sports. The exclusive area that the owner is offering is one that offers tremendous growth. The area has really only been covered by the manufacturer with no local representation and the products they offer are superior to anything else in the market. The new owner is building the sales and as you can see, expects the gross revenues to equal or exceed $750K next year.