NOT DISCLOSED, Pennsylvania
| Asking Price |
$9,999,999 |
Year Established |
1997 |
|
| Annual Revenue |
$5,931,103 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Maureen Murray |
|
| Annual Cash Flow |
$899,244 |
Listing Number |
999466 |
|
| # of Employees |
8 |
Business Category |
Retail: E-Commerce, Retail Websites |
|
Business Overview:
Sportwear, footwear and promotional goods business for sale in PA with real estate. They are the #1 resource in the area for businesses, fundraising organizations, travel teams and schools for branded sportswear and promotional products. This business has two divisions, e-commerce and wholesale. Recently rebranded their team division for apparel to accommodate the growth in this sector. The revenue breakdown is approximately 65% Team/Corp sales, and 35% Internet sales. Team/Corp sales include Wholesale and Team Stores hosted by the company’s website. Footwear is approximately 30% of the sales, and apparel is approximately 70% of the sales. Currently sells to labor unions, school districts, colleges, prisons, salons and corporate businesses. The business has 700,000 online customers, with the average order per customer being around $120. Has numerous contracts in place with school districts and colleges to supply all of their team apparel. Seller willing to assist new owner during the transition period.
Property Features and Assets:
<p>The sale includes a 16,000 sf warehouse.<br></p>
Market Competition and Expansion:
<p>What gives this business a competitive edge is great customer service, over 40 years in industry, and great relationships with suppliers. The company has access to many apparel, footwear brands and promotional products. They are direct vendors with many of the popular brands, giving them advantages over competitors. Opportunities for growth include expanding the territory, hiring additional salespeople, and increasing online presence.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity