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International Performance Clothing Brand
Wholesale and Distribution - Wholesale and Distributors | Clothing and Fashion - Other Clothing and Fashion
| Asking Price: | $800,000 | Inventory: | $130,000 ** |
| Gross Revenue: | $600,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $94,000 (comments below) | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Pro-forma to exceed $1.3 Million in 2011 | |||
| Cash Flow Comments: Pro forma to exceed $400K Net in 2011 | |||
This Brand was established in 1994 and enjoyed tremendous success within the Mountain Bike Racing performance apparel industry. The original owner "burned out" in the mid 2000's and sold the business. The current owner has built value and awareness back into the line, and has experienced consistent growth and success since the purchase. Now the business is growing so fast that they cannot keep up with the orders and have to limit distribution. With additional capital invested, business can be grossing over $1.3 million in sales, and netting over $400K in Net Profit by 2011. The only limiting factor is capital.
About the Business
Year Established:1994
Employees:2 full time - 2 part time
Relocatable:Yes
Facilities:Warehouse lease. Standard industrial shelving. Shipping and receiving operations. Design components.
Market Outlook and Competition:Very established Brand in the industry. Owner has invested heavily into marketing and has gained market share from competitors. Niche market with several high visibility athlete endorsements.
About the Sale
Management Training and Support:Seller is very active in the business and is willing to either stay on, consult for a short or long term, or take in an equity investor and keep managing the business.
Reason For Selling:Business is growing rapidly. Need capital to meet order demand and growth.
Seller Financing:Negotiable, may also consider equity partner.
KEYWORDS: MTB, Racing, NEMA, action sports retailer, Mountain Biking clothing, MTX, Bicycle clothing, NEMA Brand International, MTB, MTX, 4X, Down Hill, All MTN, Mountain Biking apparel company, mountain bike short, performance cycling apparel market, Podium short, jerseys, and gloves.
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Industry: Wholesale and Distribution
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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