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Manufacturing - Sport Products - Merger / Acquisition - Relocate

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1989
Number of Employees  1 - 3
Inventory  182000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Available.
Reason for Sale  Products seek branding for major-markets
Description  Six sport-related products are bundled for merger or license with liberal terms dependent on ability to brand, distribute and manage growing production quotas. Great sport product- with huge success and new patents - has influenced more profitable products. The owner maintains passive activity by contracting a marketing firm to handle sales, reps, EDI, vendor compliance, billing and customer service. A competent factory is contracted for production, packaging, inventory, and fulfillment to national distributors and wholesale accounts. The owner handles receivables, factory production burdens and distributes commissions. Contracts with marketer, factory and accounts are assignable. Sales are up. Value of tangible assets totals $182,000 - including product inventory at $ 58.6k, tooling (5 injection molds, etc) at $104.5k, and intellectual properties (patents, trademarks, copyrights, etc) at$18.9k. Owner activity is purposely home-based, easily relocated (as are contracts). The owner welcomes confidential inquiries capable of maintaining present and expanding growth to major-markets. Optional 2000 sq ft warehouse/office is not included - but available.
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