MergerPlace

Profitable Fitness Equipment Brand

California


  • Asking Price: $3,900,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $350,000
  • FF&E: Not Disclosed
  • Listing ID: #221828
  • Established: 2000
  • Employees: 4 FT 2 Owners

Business Description

2020 Revenue is up13% and Company continues to be profitable. 20+ years B2B company occupies a unique place within the fitness industry and is well regarded. The company has low overhead and consistent sales to a wide list of customers. Most sales are domestic USA with some international commerce. The company designs, manufactures, markets fitness equipment. The products are manufactured overseas from the company’s proprietary designs.

Highlights

• Over 20 years established in this industry
• The company has been consistently profitable year after year.
• 2020 sales figures are 13% up from 2019.
• Average 19% EBITDA
• New equipment for personal use has being introduced in 2020

• High growth opportunity
• Well recognized BRAND



Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Eric Landis at contact@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: California

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT 2 Owners

Financial Information

Asking Price: $3,900,000
Inventory: $350,000
Seller Financing Available: No

Property Information

Facilities:

US Based manufacturer. Easily relocatable. Industrial area, centrally located with freeway close access. Easy loading/unloading and freeway access Industrial and warehouse with ample parking

Growth & expansion opportunities:

Expanding sales in the school market, creating more distribution lines internationally, entry into to CrossFit market, expanding existing product line. New equipment for personal use have being introduced in 2020.Revenue for specialty sporting goods retailers has risen, becoming a major source of demand for sporting goods wholesalers. Participation in sports is anticipated to grow at an annualized rate of 1.4% over five years to 2024. Further, consumer spending is anticipated to grow at an annualized rate of 2.0% during the outlook period. Thus, as domestic consumers become increasingly health- conscious, sports grow in popularity and consumer spending rises, consumers are expected to increase their demand for sporting goods products.

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

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Business Listed By:

Eric Landis

Certified Business Broker