Asking Price: Not Disclosed Gross Revenue: $1,300,000Cash Flow: Not DisclosedEBITDA: $150,000Inventory: $250,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal 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.
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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.
$1.3M revenue run-rate for 2019. Poised for explosive growth and profitability. New interactive end-cap display with leading sporting goods retailers, with ability to promote add-on products. #1 highest-rated product in the category on Amazon.com.
This company is one of the leading manufacturers and distributors of fish-finding equipment for the recreational fishing market. The company's products are sold through major retailers like Dick’s Sporting Goods, Cabela’s, Walmart and Costco, as well as online retailers like Amazon. More than 400,000 customers (incl app users) and $8M in total revenue since launch.
Four U.S. patents and three trademarks. Mobile app collects data on millions of fishing spots -- how deep the fish are, when they bite, and what kind of bait was used.
Outstanding opportunity for buyer in the recreational fishing business. Name your price! Best reasonable offer accepted. Owner must sell.
Fishing is the most popular recreational activity in the U.S., with 46M people (fishing licenses sold annually). Spend is $45B a year, $5.3B on equipment. The market is ripe with the opportunity to capture market share with a feature-rich castable fish finder priced at less than $100. The app is the most data-intensive, feature-rich fishing data mining platform for business looking targeted advertising and brand affinity information.
Growth & Expansion:
Very large and growing market. Superior, patented technology. With the right advertising and distribution, company's financial model conservatively projects $25MM in sales by 2020. The market for the data collected by the company's devices could be expanded to oceanic and govt agencies for scientific purposes.
Smart Fish Finder with Mobile App and Data Analytics (Make Offer)
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