Asking Price: $175,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $25,000 included in asking priceFF&E: Not Disclosed Real Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Hackett Equipment is a young company with two wholly owned products and a third on the way. Hackett Equipment has created two unique backpack style range bags designed for holding guns and ammo. It has a significant online presence with multiple articles written, a large Facebook audience of over 40k fans and both of the current bags are ranked in the top 1% of their categories on Amazon.com. The company has zero debt and shows a profit it's first full year in business. The sky is the limit and now is the time.
The business is very successful now and it only been in business for 18 months. Not only does it have a growing brand and two wholly owned products but Im working on a third bag now that is an add-on rifle case that attaches to the Original. The company with just the 2 products would grow on its own slowly over the next few years but add in this new bag and you have a unique "system", like no other. I'm sure the company with have double digit growth with the addition of the third product and then the next logical step is to offer multiple colors of each bag like an OD green and Coyote tan. Now you have 3 products with 3 to 4 colors each totally a dozen unique products. Also, I've had success thus far with a tiny daily marketing budget only on Facebook and I run it by myself. Sales would increase with an increased marketing budget and a other mediums besides facebook.
Family - I have a wife and two daughters under 8. I work a full time job and run Hackett Equipment. I've missed alot over the past few years and don't want to miss anymore. I want to watch someone else continue to build the company from the sidelines.
I will continue fulfilling orders durring the transition so there will be no downtime. I will help out for as long as needed to ensure a successful transition.
Tactical, guns, range bags, soft goods, backpacks, sling bag,
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