Description
Clean Up with this Handy Dandy Specialty Golf/Sports Towel Biz for Sale! –
- Fallbrook, CA – (San Diego County)
- Seller Financing Available!
- Zip Code: 92028
- Asking Price: $799,000
- Cash Flow: $146,300
- Gross Revenue: $630,500
- EBITDA: N/A
- FF&E: N/A
- Inventory: $150,000
- Established: 2011
Specialty Golf/Sports Towel Biz for Sale –
(Business Description)
Company’s line of trademarked, specialty cleaning cloths have been solving
the cleaning needs of golfers, fishermen and another sporting
enthusiasts whose gear gets dirty for more than seven years. The
Trademarked products were born when the Seller’s ingenuity,
problem-solving skills and timing crossed paths with dirty golf gear.
A year later, he had developed an amazingly simple (and turns out, amazingly profitable)
low cost, quick-drying, wash and go, go-to cleaning cloth for sports enthusiasts.
Today, the popular towels are used by golfers for about the cost of a beer and can be found
aboard many a fishing boat across the country –
both become synonymous with their applications as Kleenex is to facial tissues.
NDA is required for comprehensive Confidential Information Memorandum
(CIM) crafted by ProNova Partners.
Detailed Information –
(Specialty Golf/Sports Towel Biz for Sale)
- Inventory: Included in asking price
- Employees: 3
- Facilities: 2,500 square feet of warehouse and office space in a business park
- Competition: Industry is competitive, product comps lack quality and pizazz.
Growth & Expansion: The product would be welcomed in many other sports,
opening additional Trademark opportunities.
With the increase in staff and targeted marketing,
sales could explode in multiple directions.
- Financing: If the price and deal structure are right.
Support & Training: Negotiable. Minimum eight weeks at 20 hours per week
to up to two years and as a paid consultant/salesperson.
- Reason for Selling: Phase one of the retirement plan.
Industry Trends & Growth Opportunity!
Demand for sporting goods is generally tied to overall consumer spending,
which declined in North America and Europe during the late 2000s recession.
Athletic equipment sales have gradually recovered in those regions due in part to
growth in disposable income. Analysts predict that the global retail sporting goods
market will grow at a compound annual rate of about 3% from 2016 to 2020,
according to Technavio.
Increasing affluence and consumer spending in emerging markets like China
and India could lead to increased demand for sporting goods in those regions.
The Asia/Pacific region is also hosting more sporting events,
attracting more people to sports.
Demand for equipment is also increasing as more
young women participate in sports across the globe.
Products, Operations & Technology
Major products include golf equipment, which accounts for about 30% of industry revenue,
and general sports equipment (excluding apparel and footwear)
for baseball, basketball, football, hockey, tennis, and other sports —
a category that collectively accounts for about 25%.
Other categories include:
- gym and exercise equipment (about 25%),
- playground equipment,
- and fishing tackle.
Recreational Fishing – Statistics & Facts
Fishing is one of the most popular outdoor recreational activities in the United States.
Only running and biking activities had more participants.
While participation has decreased slightly in recent years,
more than 45.7 million Americans took at least one fishing trip in 2015.
Fishing as a hobby is generally more prevalent with older generations,
but more than 60 percent of participants were under 45 in 2015.
ProNova Partners Buyer Profile & NDA
***RED STARS ARE REQUIRED FIELDS*** This information is required and must be filled in completely before the Seller will release any vital information, including business address, financial due diligence package on file, and other sensitive confidential information. It will also be used by ProNova Partners to match your buyer profile with future similar engagements our firm has for sale. * Required