Seller's Contact Information
- RE: Sports Retail Trophy Company
- Contact: Customer Service
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $669,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $127,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 95,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 7 | |
BBN Listing #: | 79513909 | |
Broker Reference #: | RETL466 |
Business Overview:
Long established retail trophy company with a previous gross income of $669,929 and a net yearly income of $160,238 based on an onsite owner operator. The company has relationships with sports clubs, schools, retail, and non-retail companies. They offer plaques, trophies, medals, ribbons, acrylic awards, clocks, pens, name plates, banners, t-shirts, bowling balls, etc. A substantial amount of their business income represents resale order to long standing customers with continued relationships. The company also has an online Trophy & Awards menu available to its customers. Their locally owned business has provided their services to thousands of customers across the New Jersey metropolitan area. Their awards, gifts, and promotional items are all made from high-quality materials, and customized in house with engraving and sublimation capabilities. To meet the diverse needs of coaches, high schools, youth organizations, sports teams, academic leagues, tournaments, marathons, nonprofit organizations, and businesses, they maintain and have access to a huge inventory of awards and promotional products (both foreign and USA made). This is a dependable safe business opportunity.
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Property Features and Assets:
This successful retail facility which consist of approximately 2,500 square feet have a modern professional appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Northern New Jersey, Essex County, which consists of various affluent and highly populated communities with continued demand for this industry.
Market Competition and Expansion:
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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