Wholesale Sporting Goods Supplier Priced at Asset Value

Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA$25,923

Gross Revenue$646,944

Inventory$290,000
Included in asking price
FF&E$7,500
Included in asking price
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Wholesale Sporting Goods Supplier Priced at Asset Value


Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA$25,923

Gross Revenue$646,944

Inventory$290,000
Included in asking price
FF&E$7,500
Included in asking price
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.
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

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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.