Price: $1,499,000
Location: Remote
Listing ID: 1-35
Listing Status:
This company produces and sells its own unique line of swimming accessories and equipment for both children and adults. The manufacturing of the swimwear and equipment is handled by both in-house staff members and by outside contacts. The main piece of equipment is patented by the company in USA and Europe as well and stands out from competitors due to being specially engineered and designed to perform well with both quality and durability. Margins are very generous in this space.
Right now, the company works to sell to both consumers and other retailers. Retail customers can purchase their products through Amazon, Etsy, Wal-Mart and other popular online retailers. Meanwhile, the company sells wholesale to aquatic centers, waterparks, and other brick-and-mortar retailers. There is also a European distributor.
As far as production is concerned, outsourcing allows for the bulk of the equipment to be made on American soil without the burden of adding a large workforce. Only one part of the equipment is manufactured in-house, the rest is simply stored there until sold. Due to outsourcing, this company retains a small but efficient staff of six, many of whom work part-time instead of full time.
This operation can be easily relocated or run remotely due to it’s primarily online nature. It has a huge customer base and sells both retail and wholesale with a plenty of orders from water parks, resorts, and toy stores. This business comes with over $700k of wholesale inventory and equipment.
The owner is also willing to owner finance and support a new owner while he or she learns the ropes. The owner is selling to allow him to focus on his other businesses and his other interests such as writing books.
Total Sales: $1,166,290
Cash Flow: $303,368
FFE: $84,500
Inventory: $649,490
