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Specialty Niche E-Commerce/Manufacturing Sporting Goods


Category :  Internet Related SIC :  7375  
Detail :  Online Retail Store Price :  935,000  
County :  Collier Down :  935,000  
State/Prov :  Florida Adj Net :  218,633  
Country :  USA Sales :  889,181  

This specialty niche sporting goods/ecommerce manufacturing opportunity includes $170K in inventory. Started in 2006 out of a personal need for the equipment, the owner realized there was an open space in the market that had no competition. Company specializes in a niche sporting goods market where they manufacture and sell high quality products. Perfect for owner-operator looking for a home based business with possible need for small warehouse space (1,000sq ft). All current sales are cash up-front only with the option to offer payment terms with major e-commerce retailers. Uncapped growth and earning potential for the right motivated buyer! Business to Customer & Business to Business sales show steady growth year over year.

Reason for Sale :  Pursue Other Interests/Retire
General Location :  S.W Florida
Organization Type :  'LLC'     Hours Owner Works: 40
  :  Years Established : 13  Years Owned:  13  Emp FT:  1  Emp PT:  2  Mgrs:  1
Non Compete :  Miles:  0  Years:  0  Weeks Training:  4  Cost:  0
Operating dys/hrs :  Open 7 days a week, 24 hours a day
Skills/Licenses :  None
Business :  Is Relocatable: Y    Is Home Based: Y    Is a Franchise: N    Is Lender P/Q: N    May Qualify For Visa: Y

 

Data Source Annualized Part Year    
Year (Cash Flow) 2019 (N) 2019 (N) (N)    
Gross Revenue 889,181 578,073 0  
Cost of Goods 587,715 391,809 0  
Gross Profit 301,466 186,264 0  
Expenses 147,465 98,310 0  
Net 154,001 87,954 0  
Owner Salary 60,000 40,000 0  
Benefits 0 0 0  
Interest Expense 0 0 0  
Depreciation 0 0 0  
Other 4,632 3,102 0  
Owner Benefit 218,633 131,056 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 170,000 Y* ___________ 0 N*
F F & E 3,592 Y* Total Assets 173,592 Y*
Leasehold 0 N*   *Included?  

Lease/Month: Square Footage: Building Type:
Terms & Options:   Expiration Date:

Loan/Assumable - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Seller - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Other - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  

JASON A. BROOKS Office :   (239) 849-9334  
ASSOCIATE Agent Direct :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Fax :   (866) 985-8735  
3510 KRAFT ROAD Cell :   (239) 357-7073  
NAPLES, FLORIDA 34109 Email :   [email protected]  
USA Home Page :   www.sunbeltnetwork.com/naples-fl

 



Ecommerce-marketing-ideas

Background information

Reference:

NAPFL001-N47

Year established:

2006

Reason selling:

Pursue other interests/Retire

Finance

Sales:

$889,181

Profits:

$218,633

Profit type:

Discretionary Earnings

Premises

Facility:

Buyer will be needing approx. 1,000sq ft warehouse/space

Opportunities

Growth:

• Grow E-Commerce Sales Channels-- While sales with Amazon accounts for 80% of sales in company there are still other e-commerce websites that can bring growth to the company. WalMart.com, DicksSportingGoods.com, BassPro.com (Other major E-commerce retailers) and industry specific e-commerce websites have tremendous potential. • Increase Marketing Budget -- Company spends roughly $600 a year in marketing budget for Amazon new release products only. An increase in marketing budget to add PPC, Social Media and Industry Specific internet marketing are only some avenues that can increase sales. Company also provides medical grade rubber tubing to the medical field; any increase in marketing for this vertical would open up sales for this specific industry. • Industry Tradeshows-- Attendance in market tradeshows can lead to potential brand and sales growth. • Grow Medical Sales Channel-- Company currently has sales in the medical field also. This is a sales channel that is currently not being nurtured for growth that could provide uncapped sales potential outside of current market. • Change Vendor Warehouse Purchases-- Currently purchases raw materials from US based companies; there is an option to purchase from same supplier but through its Mexico warehouse which could lower purchase cost. • Be More Visible To Industry-- Networking, making contacts and PR visibility to help expand brand awareness • Offer Customizable Options-- Customization can be offered on current products with regard to color, demensions and size as well as bringing new accessories to market on top of current lineup. • Offer Credit Terms With Purchases-- Company currently has no A/R in place as all purchases are cash up front. There is potential to offer Credit Terms on purchases. Company has been contacted by Amazon.com about payment term options as well. • Expand Overseas Sales-- Amazon.com has contact company about doing FBA overseas, this offer is still on the table. Expansion overseas with Amazon could have tremendous growth within a short period of time along with any other sales overseas outside of Amazon market.

Market:

Since this is a specialty market the competition is very low

Price and terms

Price:

$935,000

Down payment:

$935,000

Training:

Owner will provide training, coaching for 30 day transitional period with the option for continued support.