Seller Financing Available

Asking Price:

$600,000

Gross Income:

$1,500,000

Cash Flow:

$225,000

FF&E:

$35,000.00 *

Inventory:

$15,000.00 *

Real Estate:

N/A

Year Established:

2001

Employees:

4

Business Types:

Durable Goods
Consumer Services (B2C)

* included in the asking price

Business Description

We are an established fitness equipment manufacturer in Newport Beach. Established in 2001 we are the top in our industry with little to no competition.

Included in the sale is a new distribution facility in London that is performing and increasing sales exponentially.

WOULD CONSIDER/PREFER A PARTNERSHIP AS WELL.

PROFIT IS 15-20K + per month Net Distributions.

Australian operation opening in March 2013 and is included in sale. 200k per year projected sales and is owned by company being listed.

Detailed Information

Facilities:

We are in a 2000 sq/ft warehouse with a year to year lease. All of our equipment is owned.

Competition:

We have no real competition as our products are unique and designed and engineered by us. Our new operation in the UK has surpassed our expectations and is growing exponentially.

Growth/Expansion:

Plenty of room for growth and expansion. We have just opened a warehouse in London that is doing great and growing by the day.

Financing:

Seller will hold small amount of paper

Support/Training:

Full support and training included, principles would stay on if desired

Reason Selling:

Running multiple businesses