Very Low Price-Uberpong-A Global eCommerce/Mfg Growth Company For Sale

Austin, TX (Travis County) (Relocatable)

Very Low Price-Uberpong-A Global eCommerce/Mfg Growth Company For Sale

Asking Price:$249,000

Cash Flow:$121,000

Gross Revenue:$235,000

EBITDA:N/A

FF&E:N/A

Inventory:$10,000*

Established:N/A

*not included in asking price.

Very Low Price-Uberpong-A Global eCommerce/Mfg Growth Company For Sale

Get Financing Save Print Share Valuation Report

Business Description

Very Low Price-Uberpong-A Global eCommerce/Mfg Growth Company For Sale

This is an eCommerce company selling at a 2 multiple compared with the majority of eCommerce companies selling for 5-7 times earnings on average. This is a great value with big upside.

Uberpong is the leading custom ping paddle company in the world. The brand is at the forefront of the social ping pong movement, bringing style and customization to table tennis and changing the face of the game across the globe. This is a B2B and B2C business.

This is a global eCommerce/Manufacturing company. This is an opportunity to build a global brand, leveraging a growing international market, with very limited competition. They identified countless tactics that can be taken by you to explode growth. They made it our personal and professional mission to change table tennis by personalizing and customizing the heart of the game: the ping pong paddle. They have barely scratched the surface on what we can accomplish, including the latter venture of further developing our table business.

Our core business of custom and designer paddles and custom tables has grown rapidly since our launch in Austin, TX in 2012. In fact, our sales are up 32% from 2014 to 2015! The 2016 and 2017 average growth expectation is estimated at 35%.

Building on what we call the “social ping pong movement”, they are now in the business of selling complete ping pong solutions to large corporate and non-profit clients and event services for companies and organizations across the world. Our company provides core products (custom and designer paddles), services , and other products, such as balls, table rentals, bare paddles and general merchandise.

They also have also established and effective internet presence, as well as mobile apps. Their IP which includes the Uberpong Trademark, .com, .co, .uk, social media handles, Uberpong App, proprietary tournament bracket software, and a custom CMS framework.

Own Uberpong Nation. ACT NOW!

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Facilities:
They have a 550 square foot space for our office and fulfillment functions and a space for production that includes a die cutter and compressor. The rent is only $1,000 per month, and this includes electric and water.
Competition:
With 19 Million recreational ping pong players and this market is growing, Uberpong is poised for explosive international growth. There are very few recreational suppliers in the US and internationally. The major growth is in the US (NYC, LA, San Francisco and Chicago), France, England, Germany and Canada. Uberpong has a proprietary process to manufacture the paddles. It has already provided its products and services to major Fortune 50 Global companies (Coca Cola, LA Dodgers, Red Bull, Nike, and Google), celebrities and notable players, as well as thousands of social players. Representing this trend, already there is a wildly successful "Ping pong social club" franchise owned by Susan Sarandon. Uberpong is on the cutting edge of this trend that is execrating fast! Everyone can play ping pong and a bar setting is a perfect place for this to explode as the next major trend! There are opportunities to drive down cost of goods, enhance the sales department, improve the products, increase the number of products, increase social media presence, new market channel development, and expansion of services. ACT NOW!
Growth & Expansion:
The market is wide open with demand increasing dramatically. Uberpong focuses on making the sport accessible to social and recreational players rather than focusing on the few that play competitively. This is a huge and growing international market opportunity.
Reason for Selling:
Owner needs to relocate for personal reasons
Business Website:
http://www.uberpong.com

Listing Statistics for Premium Members

Ad#:1251482 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Mike Feinman, President

Business Listed By:
Mike Feinman, President

Retail Growth Associates

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Cellairis

Franchise Opportunity
Capital Required: $145,000