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- RE: Popular And Profitable Athletic Retailer
- Contact: Michael Morrisey
Quick Facts
Asking Price: | $290,000 | |
Annual Revenue: | $531,237 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $112,449 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 5 | |
BBN Listing #: | 934793 | |
Broker Reference #: | 59071-634659 |
Business Overview:
This online retailer of sportswear is dedicated to providing its customers with high-quality gear for running and hiking.This company provides a selection of products including technical moisture-wicking caps, tees, shorts, and hoodies. All of the apparel has been designed by the owner and their four employees. In addition, the business also offers custom design services and custom caps for other companies.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The Owner’s love of running inspired him to start his business in 2014 to create a brand that focuses on the culture and the community of the sport. Originally the company’s focus was direct to customers, in recent years the company has seen growth in its custom sales to other businesses.ÂMarket Competition and Expansion:
The athletic apparel industry is a large part of the Portland area’s economy. There are 3 other similar size online competitors for the company.A focus by a new buyer on an increase in wholesale accounts, as there are currently only several, could be a large opportunity for growth. An increase in partnerships, online advertising, PR and social media ads could also see a possible growth in sales.Reason for Selling:
career changeAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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