Niche Sports Brand – Manufacturer & Wholesaler
Category: Wholesale and Manufacturing
|Total Adjusted Net Income||$278,236|
|General Location||San Diego County|
Internationally recognized niche sporting goods brand with solid manufacturing and wholesale relationships. Business is truly turn-key and only requires one full-time employee to operate profitably. 2019 EBITDA is tracking in the $350k+ range. Key employee is aware of the sale and is willing to remain with the business and continue to run the day to day operations. Company has an outstanding contract in place with a 3PL that handles all of the shipping and logistics at a very favorable fixed rate per item. Although business can continue to run profitably as is, it’s greatest need is more working capital in order to diversify the product offering and take the company to the next level. Seller owns additional successful brands and welcomes a long-term collaborative relationship with buyer. Inventory is in addition to the asking price and seller is willing to finance a portion of the overall purchase price.
|Gross Revenue||$1,288,723||Listed Price||$700,000|
|Total Income||$278,236||Down Payment||$|
|Base Rent||$||Square Feet||ft2|
|Total Rent||$||Lease Description|
|Rent Deposit||$||Lease Options|
|Full-Time Employees||1||Training Period||30 Days|
|Part-Time Employees||Special License Required|
|Contract Staff||Reason for Selling||Company needs capital to grow|
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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