Category:
SF1112 - Wholesale & Distribution
Location:
Unknown - Unknown
Business Description:
Since 1998 XYZ Sporting Goods has supplied a full line of sport specific products that cater to athletes of all ages and skill levels. The company has an unwavering commitment to providing unique, high-quality products at competitive prices. XYZ has built a wholesale/distribution network covering 800 retail stores nationwide as well as one of the largest online retailers in the world. The company ended 2018 with $4.2mm in sales and 1.2mm in SDE. 2019 has been a banner year so far and we expect at least 20% growth. The acquisition will come with $900k of inventory and $300k of A/R and is pre-approved for SBA lending.
Inventory (included):
$900,000
Financial Data Not Available
# of Employees | Full Time | Part Time |
Non-Owners | 9 | 0 |
Owners | 1 | 1 |
Hours of Operation
Mon-Fri: 9am-5pm
Licenses Required:
Monthly Rent Including NNN:
$12,450
Expires:
M to M
Option:
No
Size(sq.ft.):
15,000
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.