Description
OFF-MARKET ‘Q2 2024
Elite Outdoor Product Manufacturer High Repeat Purchase Rate
Southeastern United States
Seller Financing: Available if the price and deal structure is right
Asking Price: Best Possible Offer
Cash Flow: $331,700
Gross Revenue: $1,390,442
EBITDA: $331,700
FF&E: TBD
Inventory: TBD
Established: 2014
Employees: 4 W2
Business Description:
This successful business manufactures commercial grade hunting blinds and feeders. They pride themselves in building their products 100% in the U.S.A. With five different models of hunting blinds and 4 different models of feeders, the brand is known for unmatched quality and outstanding customer service. The Company builds over annually 1500 blinds and over 200 feeders for customers throughout the United States.
With the projected increase in production for 2024 and by adding new dealer locations, they expect to hit 2000 blinds sold. They have sales in over 22 states and have over 40 dealer locations throughout the Southeastern and Midwestern United States. The marketing strategy is a combination of social media, magazine ads, direct mail, outdoor Expos, repeat customers and referrals. With their growing presence on social media, they have already gained over 60,0000 followers.
Customer loyalty is a key component to the success and growth of the Company. Their customers have a 60% return rate on the retail end, with repeat sales every year for the past 9 years they have been in business.
The Seller is looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
5K Sq. Ft. manufacturing facility
Competition:
According to FMI, Future Markets Insight, Inc, the global hunting equipment & accessories market is expected to be valued at US$ 23.21 Billion in 2023 and is anticipated to expand at a CAGR of 7.8%. Owing to the technological advances in hunting equipment the market is likely to propel to US$ 49.19 billion by 2033.
While there are many competitors, customer loyalty is a key component to the success and growth of the Company. Their customers have a 60% return rate on the retail end, with repeat sales every year for the past 9 years they have been in business.
Growth & Expansion:
The needs are much like any hunting product manufacturer this size. A larger production facility (the building has been built to 90% completion), a logistics division, and more personnel. These additions will jump start the buyer to unlimited growth potential in a multi-billion dollar a year hunting equipment business in the United States.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
Other business interests