Description This 20 year old sports related clothing and accessory branddƒ?s name is synonymous with the sport that they manufacture team apparel and accessories for. The company may be deemed to be the industry leader in that they solely produce a wide variety of clothing and safety gear for two particular segments within the sport, whereas their mainstream competitors are spread across several different sports / industries, thereby diluting their affiliation with any one particular. The business has 4 employees, including two working owners. Knowledge transfer is deemed to be fairly easy.
Asking Price $220,000 + Inventory $60,000.
The business is run out of a 1,900 square foot office / warehouse that leases for $1,375 per month on a secure lease. The business may, however, be run out of any facility as it does not have a long term lease and is not location specific. Further, while shipping currently takes place onsite, product could be drop shipped from virtually anywhere or may be managed out of a separate warehouse. The sale includes all the businesssƒ?s assets including the furniture, fixtures, equipment, website and trade name.
Market competition does exist on multiple different fronts from major mainstream brands that are not specific to this sport, but no other firm has the industry focus that this firm does, and therefore cannot commands the same credibility with industry enthusiasts.
New owners may seek to take this brand in any number of directions. First, if properly capitalized they will seek to: 1. establish a greater presence with retailers which the company does not do due to lack of sales reps, the necessary inventory / working capital), 2. go head to head with the majors, 3. expand their online presence, 4. diversify into complementary markets in their sports category, or finally, 5. sponsor more industry events, or finally, 6. capitalize on their name recognition by licensing it via agent w/ the connections to take them mainstream via major retailers.
