Registered Brand Name Provider of Rifle/Bow Scopes

Not Disclosed, MI

Asking Price: Annual Revenue:
$1,000,000 Not Disclosed

Recreation: Outdoor

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RE: Registered Brand Name Provider of Rifle/Bow Scopes Broker: Ken Lee

Quick Facts

Asking Price: $1,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 644959995
Broker Reference #: 217-20509

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Business Overview:

This company has been providing Rifle Scopes and Archery Scopes to both dealers and end users under their Registered brand name for the past 17 years. The Company's proven and reliable over-seas supplier has consistently provided quality products, low defects, excellent support and new product design capabilities. The business is easily relocatable and has a tremendous amount of growth potential. Owners are fully active in the business with no employees. The Company sells primarily to dealers with a small portion of online sales. Significant opportunities exist for a strategic buyer currently in this or related markets, or a technically knowledgeable buyer with a growth mindset who can take this from a lifestyle business to a larger operation. The ideal Buyer has a dealer and distributor network in the outdoor industry who can capitalize on adding a solid brand name in the optics category. The business may also be suited to a Buyer with aptitude and skills in hunting, firearms, or optics who has significant working capital for inventory and growth, a desire to learn about and develop dealer channels, and strong marketing and business expertise to capture business that the owners elected to let go.

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Property Features and Assets:

Leased warehouse space. This business can potentially be home-based.

Market Competition and Expansion:

While there are several brands of scopes on the market, the Company operates profitably with virtually no advertising and enjoys 100%+ markup. Sellers feel they can show a new owner how to grow this business several times over with a modest investment and still remain comfortably under the radar of competitors. They have done this in the past, but then opted to remain small in order to run it without employees. Contact the broker, Ken Lee at 248-218-2630 to learn more about this opportunity, the Sellers, and the expertise they have to share!

Reason for Selling:

Health and Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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