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- RE: Wholesale Of Niche Goods
- Contact: Not Disclosed
Quick Facts
Asking Price: | $5,700,000 | |
Annual Revenue: | $8,709,157 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,300,112 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 30 | |
Employees: | 10 | |
BBN Listing #: | 550334398 | |
Broker Reference #: | DIS016-D |
Business Overview:
Their distribution facility ships to over 800 B2B customers acrossthe Continental US, made up of truck stops, grocery store
chains, ecommerce companies, and more. There is a good mix
of wholesale clients versus dropship orders where no inventory is
held. The business has a highly diverse portfolio of more than 40
vendors, such as Riddell, WinCraft, and Fremont Die. There is a
strong leadership team in place, including a President,
Controller, Purchasing Manager, and Sales Director, plus a full
warehouse & shipping team. The tenured President will stay in
place as operator if the buyer desires. The owner resides out of
state and has a very minimal role. The assets included are
valued at $2,025,000, these assets are licensed sports team
novelty items, a forklift, extensive warehouse shelving, pallet
shrink wrapper, packaging equipment, pallet racking, and
leasehold improvements. The company produced nearly $9M in
revenue in 2022, putting $1.2M to the bottom line. Boasting over
300 types of products ranging across accessories, gifts, home
goods, and gear, they have something for every fan. They do not
sell shoes, clothes, or sports equipment. Their most popular
product brands include products associated with the NFL, MLB,
NBA, MLS, NGH, Nascar, US Army, Jack Daniels, and Harley
Davidson.
Priced at $5,700,000, this business includes 2 million in assets, a
strong team, and solid reputation and history, putting a new
owner in the perfect position to continue operating and growing
successfully. Over 3 decades ago, this company started with the
teenage owner who sold his first baseball card; now over 30
years later, this business thrives in the distribution of sports
products & highly recognizable brands. The owner is willing to
finance 10% and/or retain 5% equity, as a show of good faith in
the ongoing success of the business. A 10% down payment of
$570,000 returns $618,947 in the first year after debt payments!
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Property Features and Assets:
Assets: $365,000: fork lift, extensive warehouse shelving, pallet shrink wrapper, packaging equipment, pallet racking Leasehold Improvements: $150,000 Inventory: $1,508,021 in licensed sports team novelty items. This fluctuates constantly.Reason for Selling:
Age, owner has already relocated to warmer weather.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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