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|Net Profit:||Not Disclosed|
|Total Debt:||Not Disclosed|
|Real Estate:||Not Disclosed|
|BBN Listing #:||32294955|
|Broker Reference #:||3401-16320|
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High margin online team dealer business with many repeat customers. Company offers a wide range of competitively priced lacrosse & sports related items including one of the largest selections of equipment in the industry. This includes balls, goals, and replacement nets as well as a wide range of gear to keep players outfitted with the latest in swag and supply a variety of stringing supplies, training aids and field equipment.
The company also has utility patents which are included in the sale for two training aids that are used for two different sports. Quality apparel, helmets, mouth guards, heads, mesh and stringing as well as equipment bags from top brands. Field equipment such as field marking machines, bleachers, benches, scoreboards, and more is also sold to customers.
This business specializes in a lacrosse but offers a wide range of equipment and products for other sports teams, clubs and organizations that want unique products. Design of one-of-a-kind uniforms, banners, flags, tablecloths, and even tents with the team or business logo on display.
Business has an online storefront for ordering and does not do much business locally or in person except for a few local accounts. All orders are online and also has presence on Amazon. This is a hybrid e-commerce/online business but will require some involvement from the owner at least to start.
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Property Features and Assets:
7,200 square feet of leased space that is mostly warehouse/distribution space but does have a small area of cubicles for staff. Rent is well below market at only $5.50/square foot. Assets = $14,320.
Market Competition and Expansion:
The company competes effectively with many national and international companies. They offer great quality, customer service and compete well on price. Many customers who leave for a short-term minimal price difference are soon back because of exceptional customer service. There is tremendous growth potential as this business' focused sport continues to gain popularity and is added as a sport in many schools across the country. According to a study conducted by the NCAA, Lacrosse is the fastest growing collegiate sport over the past 15 years. Expansion to additional sports is a natural progression and would require very little additional investment in other URLs and marketing to highlight other sports. The customer (Athletic Directors) are the same across all sports. Other growth opportunities include expanding marketing to target other sports, business and organizational apparel and design, increased marketing and tournament presence.
Reason for Selling:
Owner relocating out of state.
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