Profitable Yoga Products Business 33% Growth in 2018

Suffolk County, MA (Relocatable)

Travel-friendly yoga mats
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Asking Price: $349,000

Cash Flow: $148,000

Gross Revenue: $395,000

EBITDA: $100,000

FF&E: $4,000

Inventory: $30,000

Rent: $400 /Month

Established: 2009

Profitable Yoga Products Business 33% Growth in 2018

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Business Description

Established yoga products company with 33% growth in 2018

We are an eco-friendly yoga and fitness products and accessories company. We have exclusive rights to one of our bestselling mats in the U.S. We have a relationship as the U.S. Distributor for a product that has taken off in Europe. We just began offering this unique and patented product less than a year ago. This has potential to create a revenue stream as a business of its own beyond sales of the physical product. A Teacher Training program is in the works. All of our mats carry U.S. patents and trademarks and we've been working with our manufacturing partners since we started the company. Our relationships with our manufacturers are very strong.

We have amazing co-brand capabilities which has become a company niche. There is a baseline revenue from a long-running book of business (9 years) and we are poised to add 4-5 more enterprise clients in 2019. In 2018 alone, our revenue increased 33% while we brought in 10 times the profits from the prior year.

The Owner wants to stay involved as long as needed to ensure the company keeps running smoothly and maintains the strong reputation it has built in the industry. This industry is growing at an incredible rate. 80 million Americans will try yoga in the next 12 months. $27 billion is spent on yoga products in the U.S. annually. 20.4 million Americans practice yoga regularly. Potential for this business is well beyond $1 million.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
600
Lease Expiration:
5/1/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our office location is leased. This business can be run from anywhere in the country (and potentially outside of the country), so long as you have a phone and computer. We use a warehouse that stores all of our products. A Buyer could operate the business remotely.
Competition:
The yoga industry is rapidly growing and shows no signs of slowing down. Competitors are Manduka, Jade, and Gaiam. Our mat materials are different than what these companies carry and we also offer two items that differ from anything our industry friends have. We lean more in the eco-friendly direction than the competition, which offers an incredible story and mission.
Growth & Expansion:
The growth potential for this company is astounding. The beauty of the past two years is our revenues have grown 40% over that two year span, while profits have increased substantially. We have a mat we want to bring to market that is truly unique to the industry and we would hand over the contact, design and prototype. All areas to run a successful business are in place.
Support & Training:
The Seller will stay on to help out as long as necessary. The Seller would be happy to make introductions to all current customers and vendors while also bridging the gap for projects that have yet to be closed. We want the Buyer to succeed.
Reason for Selling:
Owner wants to spend more time with their young children
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