Listing ID: 6645
The Company designs and assembles some of the finest competition and hunting archery products in the industry, and the only All American Made products in the Industry!
Sales have been increasing as their reputation in the industry has attracted attention and they have been added to the product lineup of large outdoor equipment retailers.
The Company produces many products including stabilizers, dampeners, side-bar mounts, wrist slings, stands, hangers and other accessories.
Products are designed and built using state of the art materials and are built to be durable and to outlast anything on the market today. All products are assembled from U.S. sourced parts and materials.
The business is in position for outstanding growth. There are other products and retailers in the works that will create an opportunity for the Buyer to increase the Company’s footprint in the outdoor sporting equipment industry.
The company’s revenue declined from 2018 to 2019 due to internal changes at a major customer. However, 2020 is expected to be a rebound year with renewed interest from this same customer plus the addition of other large outdoor sporting equipment retailers. In addition, the company is rolling out a new tournament line in 2020.
Numbers presented in the listing are from 2018. Limited information is here to protect the confidential nature of this listing. Submit inquiry to receive Confidentiality Agreement. A brief Confidential Memorandum is available to qualified buyers.
- Asking Price: $500,000
- Cash Flow: $175,000
- Gross Revenue: $790,000
- EBITDA: $
- FF&E: $
- Inventory: $130,000
- Inventory Included: N/A
- Established: N/A
- Furniture, Fixtures and Equipment:$
5000 SF leased
transition support provided
The business was started in N/A, making the business 2020 years old.
The sale doesn't include inventory valued at $130,000*, which ins't included in the listing price.
Further more, Furniture, fixtures and equipment valued at N/A shall not be included in the requested price.
3 Things to Consider When Researching Products for sale in Georgia
Acquiring a business is among the most significant choices you will certainly make in your life time. Choosing intelligently can cause incredible financial benefits for you, your loved ones, and also your retirement. Nonetheless, in order to make a correct decision, you must consider several points.|In order to make a correct choice, you should consider several points.} Below are 3 crucial items to consider before buying a company in Georgia.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell Products. However, the true factor vs the one they say to you might be 2 absolutely different things. As an example, they might state "I have too many various commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these may simply be justifications to attempt to hide the reality of altering demographics, increased competitors, recent decrease in revenues, or a range of various other factors. This is why it is really essential that you not rely absolutely on a seller's word, yet instead, use the seller's response in conjunction with your general due diligence. This will repaint an extra realistic image of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous Products take out loans with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that profit margins are too tight. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that must be satisfied or might cause fines if canceled early.
Understand the Customer Base, Competition and Area Demographics
Exactly how do Products in the Georgia area bring in new customers? Many times, Products have repeat consumers, which form the core of their day-to-day profits. Particular aspects such as brand-new competitors growing up around the area, roadway construction, and also staff turnover can impact repeat consumers and adversely affect future incomes. One essential point to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business often, the higher the possibility to build a returning consumer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? How might the neighborhood typical house earnings impact future income potential?