Listing ID: 80905
Established business of 10 years offers commercial grade heat sealed inflatable sports equipment such as batting cages, turtle backstops and golf driving ranges to high schools, universities, city recreation centers, leagues, academies, baseball / fast pitch organizations, MLB players, dealers, and residents. This is the only company that builds this type of product using real American made Baseball Academy net with actual rope borders like players have been looking at their entire baseball career. The owner is committed to a smooth transition and is open to staying on for an extended amount of time. There is a great opportunity for growth. Owner will consider earn outs, seller financing and/or minority partnership in the business for a qualified buyer.
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- Asking Price: $2,600,000
- Cash Flow: $288,124
- Gross Revenue: $786,657
- EBITDA: N/A
- FF&E: N/A
- Inventory: $150,000
- Inventory Included: Yes
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
1,700 Square Feet
Yes, four weeks
Other Business Interests
The business was founded in 2012, making the business 10 years old.
The sale will include inventory valued at $150,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell businesses. Nevertheless, the genuine reason vs the one they tell you may be 2 entirely different things. As an example, they may say "I have too many various obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competition, recent decrease in revenues, or a range of other reasons. This is why it is very important that you not rely absolutely on a vendor's word, yet rather, utilize the vendor's answer along with your overall due diligence. This will paint an extra sensible image of the business's existing situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover points like inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that profit margins are too small. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new clients? Often times, businesses have repeat clients, which create the core of their everyday revenues. Particular elements such as brand-new competition sprouting up around the location, roadway construction, and personnel turn over can impact repeat consumers as well as adversely impact future profits. One crucial thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning customer base. A last thought is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood average home earnings impact future earnings potential?