Seasoned Specialty Sports Retailer with Explosive Ecommerce Growth!

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An omnichannel business model experiencing across-the-board growth.
Asking Price:
$3,800,000

Gross Revenue:
$6,050,000
Cash Flow:
$847,400
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a once in a lifetime opportunity to acquire a three-decades young sporting goods retailer that has been operated exceptionally well and is on pace to grow by approximately 30% in FY 2019. Its ecommerce division represents 60% of total revenue and is on pace to grow over 35% in FY 2019. Some individual brands grew over 100% in 2018 and its largest brand by dollar volume grew 127% in FY 2018 and is expected to grow by another 93%+ in FY 2019.

The Seller founded the Company over thirty-five years ago and has operated it with precision and excellence. He now desires to retire at a time when the business model is becoming more ecommerce driven - the perfect inflection point for a 'next generation buyer' to take the helm as it lifts off to new heights.

The Company maintains strong and easily transitioned relationships with premium, best in-class brands in each of its product categories. The merchandising is virtually all high-end manufacturers that strictly enforce MAP pricing policy - including the e-commerce channel(s) - which means the business will always enjoy healthy, protected margins.

Not only is the target industry growing faster than the broader US economy, the Company garners more affluent buyers and is positioned physically in the highest income demographic in its region.

The opportunities for future growth are limitless, and though the Seller has invested relatively little in marketing and growth initiatives, the Company continues to realize enormous success online.

The business is appropriately staffed and all of the infrastructure is in place to be a turnkey solution for another owner / operator or for an investment manager looking to add a high yielding asset in this consumer industry vertical.

----- Please review the attached Teaser for more information. Upon the completion of an NDA, which is attached to the end of the Teaser, prospective Buyers will be provided with additional information including the confidential Offering Memorandum for the transaction from Providium Advisors.

About the Business

Location:
Texas
Year Established:
1983
Number of Employees:
20-25
Facilities:
The business has two physical store locations, one of which also serves as a warehouse. Seller has invested substantial resources into the infrastructure and technology at the stores which the buyer will immediately benefit from.
Growth & Expansion:
There are a tremendous number of significant short-term and longer term growth opportunities for the business. These are all outlined in detail in the Offering Memorandum.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The business has a general manager and several long-term employees already in place. The Seller is more than willing to structure a training and transition plan that works well for the Buyer.

Listing Info

ID:
1629464
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Teaser + NDA (429 KB)
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Business Listed by

Chris Bodnar

Providium Advisors

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