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Businesses For Sale   >>   Entertainment and Leisure Businesses For Sale

Golf Putter Patented Product Strategic Play

Location  California,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $25000
Net Profit / Cash Flow  $10000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2013
Number of Employees  1 - 3
Inventory  140000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Long term transition probable and available.
Reason for Sale  Further growth of the Company.

This golf company is a fully branded and leisure lifestyle business that manufactures and distributes its own patented golf putter product that is fully conforming with the rules of golf for both the USGA and R&A. The golf industry is a $60 billion dollar industry worldwide, with putters alone a $182MM annual business in the United States. The Sellers own all intellectual property, have patented the product, and now have reached a botteneck in terms of monetizing this IP and going after market share. Sellers secured nominal sales on their own with $0.00 outbound marketing dollar spend They are willing to sell outright for $6MM or ideally secure a strategic partner for 20% at $1.2MM investment to fully implement their business plan. Target exit dynamic is to be acquired by Titleist, Nike, Odyssey, Ping, Callaway, or Taylor Made Year(s) 4 or 5 for the big pay day. NDA is required for overview and patent documentation on file with Broker.

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