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Listing Id: 1785 Last Refreshed: 26/05/2019 9028 Views

High Margin Family Recreational Products Dealer/Distributor 1319C

Closed
Asking Price <span class='currency'>$</span>1M - 5M
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
$0

Business Operations & Assets

Staff
14 Employee
Year of Incorporation
1976
Owner Role
Full Time
Premises Details
Location 1
• 10,000 sq. ft. showroom
• 25,000 sq. ft. warehouse and office
• 2.03 acres

Location 2

• 7,000 sq. ft. showroom
• 2,000 sq. ft. storage/office
• Estimated additional 1,500 sq. ft. leased to a tenant

Location 3
• 9,000 sq. ft. showroom/office
• 3,000 sq. ft. storage
• 1.06 acres

Business Details

Reason For Sale

Retirement

Description

This company is the market leading Family Recreational Products Dealer/Distributor serving the region and offers an extensive selection of leisure products, accessories and repeat high-margin supplies.

The company has sold fun, family leisure products for more than 38 years.  Industrywide, all product segments grew in 2013, and analysts are predicting continued growth.  Revenues are on the uptick.

Management estimates the company holds 75% of its regional market share.  This business maintains strong supplier relationships, enjoys a good community reputation, and has a long term history of growth and stability.  Its proven management team is capable of overseeing the business in the owner’s absence, and employee turnover is low.

This business is organized and well managed.  The owner has continually reinvested in showroom improvements and showpiece products.  This is a turnkey, profitable operation with owner’s discretionary earnings tracking over $300,000 for the last twelve months and in each of the last three fiscal years.   

The company holds a unique industry position as both a distributor and a retailer.  Buying direct from the factory is part of management’s proven strategy to reduce costs and increase margins.  Currently, only a small percentage of sales is to other dealers, but management believes significant opportunity exists to grow this and other parts of the business. 

The owner is seeking to sell 100% of the company and will provide support as needed for a successful transition.

Facilities

Location 1
• 10,000 sq. ft. showroom
• 25,000 sq. ft. warehouse and office
• 2.03 acres

Location 2

• 7,000 sq. ft. showroom
• 2,000 sq. ft. storage/office
• Estimated additional 1,500 sq. ft. leased to a tenant

Location 3
• 9,000 sq. ft. showroom/office
• 3,000 sq. ft. storage
• 1.06 acres

Competition

Industry analysts project industry growth. Company is the leading provider of leisure products in the region. Repeat high-margin sales continue to increase stability each year the company is in business.

Expansion Potential

Expand into and develop own accessory stores. Expand to another regions. Redevelop wholesale and distributor sales. Develop internet sales. Take advantage of state issued amusement device license to develop new service.

Buyer Support & Terms

Support and Training

Solid Management Team is in place and the owner will provide support as needed for a successful transition.

Seller Financing

Yes, seller financing is available.
Maybe
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