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The Golf Industry Is Hot And Fun
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $450000
Net Profit / Cash Flow $275000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Inventory 50000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Seller perusing other business
Description An OUTSTANDING opportunity for a strategic buyer to acquire a small, established manufacturer offering a well rounded and very well accepted product line - INCLUDING PATENTS!
US Golfing Association's certified/approved golf club manufacturer grows yearly due to their strength in engineering - their key advantage!
With a very impressive and large list of inspiring patents - most of which are 'forever patents' - this golf club manufacturer, clothing and peripheral product offering company is missing only one area of expertise Marketing and Advertising. With that in place (and funded) this manufacturer is truly poised for dramatic growth.
There offerings have been openly accepted by golfing professionals, golf course retail shops and golfing enthusiast nationally. Their current direct distribution agreement through local reps. has created national distribution on a small scale. They intend to continue this marketing nationally and internationally with a push into the Asian markets.
The owners is well aware of the cost regarding large national and international distribution and therefore is seeking a buyer/partner currently entrenched in this leisure market, with large, existing distribution channels thereby making growth of proven well accepted golfing products easier and dramatically faster than he could ever dream.
Originally simply a putter manufacturer, they recently launched a full line of clubs, bags, gloves and balls guaranteed to drive longer distances with the same force!
Existing Management:
Management Tenure: 12 years (average)
Management Continuity Plan: Stay on
The owner is a PGA professional and was head pro at Indian Hills Country Club on Long Island, New York. He started brainstorming his ideas of offering an 'engineered golf putter' with the unique idea of connection and follow-through. After making his prototype and consulting with engineers, he found out that this offering not only stabilize
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