Business For Sale

Exclusive Distributor of Outdoor Recreation Equip.

Not Disclosed, NC


Asking Price: Annual Revenue:
$395,000 $1,119,873

Retail: Children's Retail


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RE: Exclusive Distributor of Outdoor Recreation Equip. Broker: Don Emmett
Owner Financing is Available!
$39,500 down/$59,250 for 120 mos. @ 8.25%/Other financing.

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,119,873
Net Profit: Not Disclosed
Cash Flow: $151,639
Total Debt: Not Disclosed
FF&E: $7,500
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 22324955
Broker Reference #: 1310-14594

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Business Overview:

Twenty year-old distributor/Manufacturer's Rep of upscale Residential Recreation Equipment. Products include playground equipment, wood playsets, trampolines and basketball equipment. Exclusive territory in Central North Carolina! Business is currently run semi-absentee. Owners lightly supervise the two employees that run day-to-day operations including sales, marketing, operations and scheduling installations. Business generates incredibly steady and reliable revenue and earnings. The business consists of marketing, selling and scheduling installation of products. (Installations done by an award winning sub-contractor). Owners currently spend about an hour/week on this business. Very competent general manager and assistant manager in place.

The 2018 financials are LTM (last 12 months) 12/1/17 to 11/30/18. Discretionary Earnings is for full-time owner operator. If run semi-absentee (1 hour a week), it would be $90k.

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Property Features and Assets:

High-traffic location with high visibility location. With 10,000 sq ft showroom and offices, including 2,444 sq ft of warehouse. $108,000 inventory (Popular equipment & spare parts) $7,500 FF&E $27,000 leasehold improvements Total Asserts to Convey: $142,500

Market Competition and Expansion:

Competition is limited, only five other like businesses in North Carolina. Industry revenue per household has been on the rise. Business NOT actively managed by owner, currently running semi-absentee. Current owners, not driven to grow this business, are occupied with a larger business project/issue. This opportunity is ripe for additional locations in their exclusive territory, and they have a right of first refusal on unsold adjacent territories. Expand product line (prime manufacturer has other synergistic products the owners have chosen not to carry due to time constraints such as: Billiards, Darts, Exercise & Workout, Game Room, Outdoor Yard Games, Pickle ball, Table Tennis and Archery. Increase online presence (new e-commerce website in development)

Reason for Selling:

Owners have a larger business.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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