MergerPlace

Sporting Equipment and Trophies

Ohio (Greene)


  • Asking Price: $260,000
  • Gross Income: $857,638
  • Cash Flow: $155,765
  • Real Estate: Not Disclosed
  • Inventory: $58,000
  • FF&E: $64,000
  • Listing ID: #201929
  • Established: 1984
  • Employees: 5 FT/1 PT

Business Description

This business is the local authority on team active wear, team sports apparel, sports equipment, sporting goods accessories, and more.

Established in 1984, the company has grown to become a leader in the sporting goods and award promotional items industry in the Ohio/Indiana market area. A consumer can begin with selection from the popular name brands offered by an experienced and knowledgeable sales team, followed by embellishment via screen printing, embroidery, sublimation or engraving for your quality products delivered on time at a great value.

Whether you are a team, club, school, organization, league, business, or an individual looking for awards, uniforms, equipment, t-shirts, spirit wear, unique gifts, or promotional products, team up with this business for prompt and professional service.


Business Details

Primary Business Category: Retail Trade - Sporting Goods, Hobbies, Books
Location: Ohio
County: Greene

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/1 PT

Financial Information

Asking Price: $260,000
Gross Revenue: $857,638
Cash Flow: $155,765
FF&E: $64,000
Inventory: $58,000
Seller Financing Available: Yes

Property Information

Facilities:

The business operates from a 6,000 square foot retail facility. The operating facility is in good condition and has had multiple updates since being purchased by the current owner. The owner uses 85% of the space for the retail store, print shop, trophy mfg., as well as inventory storage.

Growth & expansion opportunities:

The growth possibilities rest with someone with an expertise in optimizing internet demand with larger players in the area. In addition, special promotions with law enforcement, all of the small colleges and universities in Ohio, Indiana and Michigan as well as a concerted effort to drive awareness of company awards with all the major corporations. Focusing on these opportunities will drive growth in the coming years.

Competition:

There are a handful of competitors in the area. In addition on today's apparel and sporting gear and equipment they compete with internet only companies as well. The advantage of a local store is the customer can get exactly what they want in a timely manner. Most competitors do not have an in-house shop that can make any custom logo, message, large scale outfitting, and short notice orders "in the factory" that is actually located in the same building as the retail store.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. The company makes awards, ranging from plaques, pins, trophies, as well as customization of team apparel for high schools, colleges and amateur athletics of all types. The owner carries a large selection of individual and team awards to choose from, with both stock and custom designs available. Awards are available for team sports, corporate service, recognition, academic accomplishment, as well as providing some clothing accessories for law enforcement, fire departments and safety clothing for highway, railroad, airport, and ship workers.

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Business Listed By:

John Morris

Murphy Business Brokers