***IN ESCROW*** Fitness Equipment Brand

Not Disclosed, CA


Asking Price: Annual Revenue:
$3,900,000 Not Disclosed

Manufacturing: Non-classifiable


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RE: ***IN ESCROW*** Fitness Equipment Brand Broker: Eric Landis
License #: 02061088/01270875

Quick Facts

Asking Price: $3,900,000
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: 2000
Employees: 4
BBN Listing #: 63935994
Broker Reference #: OC2012

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Business Overview:

2020 Revenue is up 13% and Company continues to be profitable. 20+ years B2B company occupies a unique place within the fitness industry and is well regarded. The company has low overhead and consistent sales to a wide list of customers. Most sales are domestic USA with some international commerce. The company designs, manufactures, markets fitness equipment. The products are manufactured overseas from the company’s proprietary designs.

Highlights

• Over 20 years established in this industry
• The company has been consistently profitable year after year.
• 2020 sales figures are 13% up from 2019.
• Average 19% EBITDA
• New equipment for personal use has being introduced in 2020.
• High growth opportunity
• Well recognized BRAND

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Eric Landis to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

US Based manufacturer. Easily relocatable. Industrial area, centrally located with freeway close access. Easy loading/unloading and freeway access. Industrial and warehouse with ample parking.

Market Competition and Expansion:

Expanding sales in the school market, creating more distribution lines internationally, entry into to CrossFit market, expanding existing product line. New equipment for personal use have being introduced in 2020.Revenue for specialty sporting goods retailers has risen, becoming a major source of demand for sporting goods wholesalers. Participation in sports is anticipated to grow at an annualized rate of 1.4% over five years to 2024. Further, consumer spending is anticipated to grow at an annualized rate of 2.0% during the outlook period. Thus, as domestic consumers become increasingly health- conscious, sports grow in popularity and consumer spending rises, consumers are expected to increase their demand for sporting goods products.

Reason for Selling:

Retiring.

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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