Seller's Contact Information
- RE: Roping Dummy Manufacturer For Sale - Texas
- Contact: Stocker Travis
- License #: 312805
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $175,634 | |
| Net Profit: | $46,769 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 1 | |
| BBN Listing #: | 451063504 | |
| Broker Reference #: | DBI-1006 |
Business Overview:
Opportunity to purchase a one man manufacturing operation that produces a product (see attached brochure below) that is sold wholesale to retail distributors in the state of Texas who sell to the end user. Current organizations the product is being sold to include farm & ranch supply stores, western apparel stores, veterinary supply stores, rodeo & roping supply stores, feed & supply stores, 1 large agriculture cooperative and other assorted retail stores. No contracts exist limiting how & where the owner may sell the products. The margins are sufficient enough for a buyer to realize significant profits (the cost to produce the product is approx. $70 with a wholesale price of approx. $210 and a retail on-line price of approx. $300). Approx. 25% of cost of goods is in the head which can be done for $10 each using a spin mold process (significant savings there which would add even more to the bottom line). August to February is typically the peak production time. A trademark for the product is also included in the sale.
Seller will provide on-site training after the purchase, assist in securing retention of the employee and transfer of
supplier relationships, provide on-call telephone assistance after completion of the training and sign a no
competition agreement.
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Property Features and Assets:
Home based business that can be operated out of the garage. Sale includes a 2016 Dodge Ram 3500 dual crew cab pickup truck, 2 trailers, a drill press & other miscellaneous manufacturing items. Easy accounting with 90% of the sales receipts are electronic transfers with the remainder being checks. Purchaser will need to decide to keep a salesman that is a manufacturer’s rep of sorts who receives a 10% commission on all products sold.
Market Competition and Expansion:
Moderate to heavy competition Extreme potential for the buyer to offer the product directly to the end user via an on line presence which the seller DOES NOT HAVE!!
Reason for Selling:
To free up time to travel with spouse
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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