Iconic Brand Fitness Equipment Manufacturer Ready for Acquisition
| Asking Price: | $375,000 | Inventory: | $48,302 ** |
| Gross Revenue: | $821,156 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: TBD | |||
This is a very recognizable Branded Fitness Equipment Manufacturer with solid international sales and registered Trade Marks. Half the world isn’t being sold yet. This 22 year old company has never made a lower tier product to sell to mass merchants. This brand is very well known, well protected and ready for a new solid focused management. This price might be less than the value of the Trade Mark. There is a strong established US, EU, Russia, Aussie and Ukrainian sales record, but no South American and little Asian sales efforts. That’s right – Chile, Argentina, Brazil, Colombia, Peru, Uruguay, Paraguay, and Ecuador are untouched territory as well as most of Asia. Mass merchants would make hay with a stepped down product and the Brand Reference could make it happen – another untapped sales possibility. An acquiring company with established sales and production management operations might realistically expect a 1 year ROI.
About the Business
Year Established:1987
Employees:5 full time -
Facilities:Leased office Space inColorado and leased Distribution Centers in East and West. All on month to month leases.
Market Outlook and Competition:Competition: This company owns its niche in the High Quality Marketplace. There exists No Direct Branded Competition. There are “knockoffs” in play, but this brand could knock itself off and quell that competition. Growth and Expansion: South America and Asia could add dramatically to the sales and profits picture.
About the Sale
Management Training and Support:The current owner will coordinate support from himself and the existing staff for 30 days after which time an advisory agreement could be established.
Reason For Selling:Current owner wishes to retire fully from the business.
Seller Financing:Cash
KEYWORDS: fitness, equipment, manufacturer, health equipment, fitness equipment, fitness equipment manufacturer, acquisition
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