E-commerce/ Sports Apparel- Ready For Growth!

Calabash, NC (Brunswick County) (Relocatable)

Seller Financing Available
E-commerce/ Sports Apparel- Ready For Growth!
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Asking Price: $159,000

Cash Flow: $49,000

Gross Revenue: $399,000

EBITDA: N/A

FF&E: N/A

Inventory: $25,000

Rent: $0.67 /Month

Established: 2007

E-commerce/ Sports Apparel- Ready For Growth!

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Business Description

This business was incorporated in 2007 when their first web-site was built. The company's initial branding opportunity came when the Hanes brand was just beginning to explore web-based retail and offered to allow the owners to sell on their digital store-front. From there, the business continued to acquire new brands. In the early days, the business also secured retail agreements with Sugoi, Moving Comfort, and Brooks Running. Over the last 12 years, this company has become a recognizable name in fitness and sports incorporating sales of many brands into an Amazon storefront, a recently updated web-site, and a small retail outlet. Now, the existing brand relationships in place include mostly high-end names such as Fila, Vibram, Speedo, Mizuno, United Sports Brand, Feetures, Defeet, and more! Local and regional high school athletic departments have come to appreciate the quality of the products available as well as the personalized customer service provided by this well-positioned business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
N/A
Employees:
2
Facilities:
Primarily a web-based e-commerce business, the company operates receiving, re-packaging, and shipping out of a small 900 SF commercial center that also serves as a retail store (branding requirements). A minimal amount of inventory is maintained at this location on high-end products.
Growth & Expansion:
While this enterprise is a wonderful lifestyle business that can basically be serviced in the virtual world from any location, the seller emphasizes that it takes work and a commitment to understanding the continuing evolution of digital platforms, e-commerce, and Amazon store-front. The seller affirms that the business is ripe for growth and there are no immediate threats to business as usual. Seller is retiring due to medical issues.
Financing:
Seller will consider limited seller financing.
Support & Training:
Seller will be available for the transition period, as negotiated. Additionally, the business has a primary, key employee that would be interested in on-going employment with the enterprise.
Reason for Selling:
Medical
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Contact the Seller

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Rob Lewis MBA, CBI

Business Listed By:
Rob Lewis, MBA, CBI

TRADD Commercial

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