Listing ID: 80373

Business Overview

The company designs and assembles some of the finest competition and hunting archery products in the industry.

American made products designed to be durable and outlast anything on the market today.

They wholesale to both large and small customers.

This is a recognized brand and an ideal acquisition for a company or person knowledgable or already in the sports and recreation industry.

They have no marketing outreach other than what the owner is doing so someone with marketing savvy can take this company and grow it. There’s also potential to enter the gun market, which the company currently does not produce products for.

Seller has been the main designer of product. He can teach you how to get a CAD based design firm to take over those duties.

2020 sales were under $400,000. 2021 sales were $460,000. Cash Flow could be higher. Final 2021 tax return is not yet available. Inventory is included in the price and is usually in the $100,000-$125,000 range.

The company is broker represented. Interested parties should submit online inquiry to receive buyer registration form and confidentiality agreement.

Financial

  • Asking Price: $400,000
  • Cash Flow: $100,000
  • Gross Revenue: $460,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $125,000
  • Inventory Included: Yes
  • Established: N/A

Additional Info

The sale shall include inventory valued at $125,000, which is included in the asking price.

The real estate is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell companies. However, the genuine reason vs the one they say to you might be 2 completely different things. For instance, they might state "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, recent decrease in revenues, or a variety of various other factors. This is why it is very vital that you not count completely on a seller's word, yet rather, use the seller's solution combined with your total due diligence. This will repaint a much more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover items like supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that earnings margins are too tight. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that should be fulfilled or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in brand-new consumers? Often times, businesses have repeat clients, which create the core of their day-to-day profits. Certain elements such as brand-new competitors growing up around the location, road building and construction, and personnel turnover can impact repeat clients as well as adversely influence future profits. One essential point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the greater the opportunity to build a returning client base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? How might the regional typical family income influence future earnings potential?