Business Summary:
Their distribution facility ships to over 800 B2B customers acrossthe Continental US, made up of truck stops, grocery storechains, ecommerce companies, and more. There is a good mixof wholesale clients versus dropship orders where no inventory isheld. The business has a highly diverse portfolio of more than 40vendors, such as Riddell, WinCraft, and Fremont Die. There is astrong leadership team in place, including a President,Controller, Purchasing Manager, and Sales Director, plus a fullwarehouse & shipping team. The tenured President will stay inplace as operator if the buyer desires. The owner resides out ofstate and has a very minimal role. The assets included arevalued at $2,025,000, these assets are licensed sports teamnovelty items, a forklift, extensive warehouse shelving, palletshrink wrapper, packaging equipment, pallet racking, andleasehold improvements. The company produced nearly $9M inrevenue in 2022, putting $1.2M to the bottom line. Boasting over300 types of products ranging across accessories, gifts, homegoods, and gear, they have something for every fan. They do notsell shoes, clothes, or sports equipment. Their most popularproduct brands include products associated with the NFL, MLB,NBA, MLS, NGH, Nascar, US Army, Jack Daniels, and HarleyDavidson.Priced at $5,700,000, this business includes 2 million in assets, astrong team, and solid reputation and history, putting a newowner in the perfect position to continue operating and growingsuccessfully. Over 3 decades ago, this company started with theteenage owner who sold his first baseball card; now over 30years later, this business thrives in the distribution of sportsproducts & highly recognizable brands. The owner is willing tofinance 10% and/or retain 5% equity, as a show of good faith inthe ongoing success of the business. A 10% down payment of$570,000 returns $618,947 in the first year after debt payments!
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