Business for Sale Overview:
Established for nearly 40 years, this niche sports related manufacturing and wholesale distribution company has been serving clients throughout the United States. Just recently, the company began servicing two other countries, one outside of North America, which are virtually untapped growth markets. The company has one patent.
In addition to the owner there are 17 employees. The owner believes all key employees would be willing to stay with a new owner.
The real estate and buildings utilized for the business have been appraised at $1,175,000. The owner will consider selling, leasing or leasing with option to buy. The equipment and machinery are in excellent condition. The recent FMV appraisal is approximately $700,000. A complete list is available upon request.
The owner is of retirement age and combined with personal/family reasons it was determined to sell and allow the energy and new marketing ideas which come with a new, younger owner to take the company to the next level. The owner will provide training and transition for a mutually agreeable period of time following closing as part of the acquisition. However, under the right circumstances, the owner would consider working part-time or consulting for an extended period of time if new owner so desires.
Due to the various pricing structures available and the owner’s willingness to sell or lease the real estate, it is assumed that prospective purchasers shall possess sufficient industry knowledge and financial sophistication to determine value and submit offer. Any reasonable offer and structure will be considered.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Included in sale price.
Reason for Selling:
Retirement & Family Reasons
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.