Outdoor Pool Tables!
Location: California
Industry: Internet Related > B2B
Financials
Asking Price: $100,000
Gross Revenue: $225,000
Gross Revenue Comments: Average of last three years
Cash Flow: $35,000
Cash Flow Comments: Average of last three years
Inventory: $45,000 (Included in Asking Price)
FF&E: $55,000 (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Seller Financing: Sales price is $100,000 and royalty of 7% of revenues during first 5 years of operation.
Business Summary
The client company produces and markets outdoor pool tables for the homeowner, hotels, resorts, amusement parks, and other recreational-oriented clients. All tables are constructed to World Billiard Congress of America standards. Sun, rain, or snow will do no harm to the product or its effectiveness - they are indestructible, rustproof and resistant to all weather conditions.
This business is easily relocatable to anywhere throughout the United States as 90% of its sales are through a web site that will transfer with the sale. Additionally, the sale will include the proprietary moldings that are used to manufacture the product. At present, all of the manufacturing is subbed out to others and the finished product is marketed and assembled by the client.
The pool tables are constructed out of fiberglass pultrusion materials with UV additives, resin foams, and electrostatic powder-coated stainless steel and die-cast aluminum parts that will not deteriorate, rust or fade in the sun.
The company owner has several other business interests and has not had the time to devote to the business thus prompting the sale at this time. Current ownership will train the buyer as needed.
The company is being sold at an asking price equal to the value of its tangible assets ($55,000 in FF&E and $45,000 in inventory) plus a royalty of 7% of gross sales that will be paid over the first five years subsequent to the sale.
This is an opportunity to become involved in the manufacture of a high-end niche sporting goods product with a business that can be easily relocated as the buyer may wish.
This business is easily relocatable to anywhere throughout the United States as 90% of its sales are through a web site that will transfer with the sale. Additionally, the sale will include the proprietary moldings that are used to manufacture the product. At present, all of the manufacturing is subbed out to others and the finished product is marketed and assembled by the client.
The pool tables are constructed out of fiberglass pultrusion materials with UV additives, resin foams, and electrostatic powder-coated stainless steel and die-cast aluminum parts that will not deteriorate, rust or fade in the sun.
The company owner has several other business interests and has not had the time to devote to the business thus prompting the sale at this time. Current ownership will train the buyer as needed.
The company is being sold at an asking price equal to the value of its tangible assets ($55,000 in FF&E and $45,000 in inventory) plus a royalty of 7% of gross sales that will be paid over the first five years subsequent to the sale.
This is an opportunity to become involved in the manufacture of a high-end niche sporting goods product with a business that can be easily relocated as the buyer may wish.
About the Business
Employees: 2 full time -
Relocatable: Yes
About the Sale
Management Training and Support: As required.
Reason For Selling: Other business obligations.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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