Business For Sale

One of the Country's Best Known Skateboard Brands

Not Disclosed, UT

Relocatable


Asking Price: Annual Revenue:
Not Disclosed $1,700,000

Retail: Sporting Goods, Recreation


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RE: One of the Country's Best Known Skateboard Brands Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 781949963
Broker Reference #: 1401-84242

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Business Overview:

Based in UT, this business is a skateboard company that brings expertly handcrafted gear to both professional and recreational boarders throughout the U.S. This is a 100% Utah based company from design and development to distribution. The Company is owned and operated by both professional athletes and seasoned entrepreneurs. The Board of Directors consists of many of the industries most qualified individuals. The company’s manufacturing process is nimble and is some cases outsourced to qualified companies with long standing industry experience. The core components of the boards are of the highest quality, resulting in a balanced, fast but smooth ride. Multiple product lines allow the company to fulfill the needs of a wide range of avid boarders. The graphics and designs are unique, creative and have resulted in the boards being sold in some of the most prominent and sought-after retailers in the country. These retailers are extremely difficult to build relationships with but over the last seven years, this company has been able to garner a large amount of retail space in many different markets. The company has recently signed licensing and distribution arrangements with several companies outside of the U.S.

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Property Features and Assets:

The Company is currently operating within a 7,500 sq. ft. facility with area to expand if needed. All equipment is relatively new and in good working condition. There is a co-shared retail shop within the site. The company has distribution and manufacturing partnerships (some recently signed) in Europe, Australia, and South America.

Market Competition and Expansion:

While there are some competitors in the marketplace, there are relatively few companies in the industry that have the down chain sales and distribution of this company. Further, the boards and designs are truly cutting edge and have achieved industry wide recognition. • The development of ancillary products including accessories, software, helmets, and apparel. • Development of mobile stores to increase sales, promotion, and general exposure for competitions, demo events, sports venues, and music venues. • Further expansion, licensing and distribution agreements into markets outside of the U.S.

Reason for Selling:

Strategic Initiative.

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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