Wholesale Sporting Goods Supplier Priced at Asset Value
Business Description
This family-owned business started in 1990 and for over 33 years has provided a variety of sporting goods to retail stores in Utah and the Intermountain West. They have developed strong relationships with approximately 150 active accounts, from licensed sporting goods stores to convenience and grocery stores. They also maintain excellent relationships with major brand suppliers. They do not sell to retail customers.
Their marketing efforts are mostly through in-house telephone contacts with their customers. Two independent sales representatives also carry their product lines.
The owners want to retire and in recent years have not been very aggressive marketing to new customers — new owners with internet marketing experience could increase revenue. They also have not increased prices — the owners believe the market could bear a 5-10 percent price increase, which would boost the bottom line. Also, adding additional independent reps would be a must.
The business is priced to sell at asset value and is not location-sensitive.
Their marketing efforts are mostly through in-house telephone contacts with their customers. Two independent sales representatives also carry their product lines.
The owners want to retire and in recent years have not been very aggressive marketing to new customers — new owners with internet marketing experience could increase revenue. They also have not increased prices — the owners believe the market could bear a 5-10 percent price increase, which would boost the bottom line. Also, adding additional independent reps would be a must.
The business is priced to sell at asset value and is not location-sensitive.
About the Business
- Years in Operation
- 35
- Employees
- 9
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $2,460.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Negotiable as needed
Listing Info
- ID
- 2137816
- Listing Views
- 2438
Listing ID: 2137816 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. See our full Terms of Use. Learn how to avoid scams.
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