Business Overview:
This established, and profitable company provides specialty merchandise for first responders, federal, and local government agencies with a long-recognized history. The business has a large customer base and a solid reputation. This business is very consistent, with a lengthy growth history. The business finished with $2.511 million in revenue and $1,041,610 million in Seller’s Discretionary Earnings (SDE), respectively in 2020. The Seller expects 2021 revenue and SDE to be comparable to 2020. The Seller believes the business and its brand could be scaled with some simple advertising and marketing. The owner has also successfully built the team around the business, allowing the next owner to focus on strategy.
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Property Features and Assets:
The business leases its facility. It is an office space in suburban Maryland. The business could also be relocated if the new owner wishes.
Market Competition and Expansion:
While there are others in this industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. The business occupies a strategic niche in this market segment.
The current owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owner wishes to retire, this presents an opportunity for the next owner. The current owner has a solid support staff with a capable office manager.
Reason for Selling:
The owner wishes to retire.
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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