Motivated Seller! – Sports Equipment Co. – Price Reduced!

Motivated Seller! – Sports Equipment Co. – Price Reduced!

Motivated Seller! – Sports Equipment Co. – Price Reduced!

Price: $275,000

Location: N/A

Industry: Sporting Goods, Hobby, Musical Instrument, and Book Stores

Listing ID: 07011779
DESCRIPTION

Currently located in Ronkonkoma, New York, and easily relocatable anywhere in the USA, TW Promotions Inc. was founded in 1985 by three amateur wrestling champions. While involved with Resilite Sports Products, the largest wrestling mat manufacturer in the United States, the idea for a Mat Rack System was conceived. Having personally labored in the lifting, moving, and installation of those heavy mats, the owners were wholeheartedly involved and became proficient in all aspects of the wrestling mat phenom. The founders developed and patented plans for what remains today the only Mat Rack system of its kind. As lighter mats entered the cheer, gymnastics and wrestling marques and became popular TW Promotions introduced the Mat Basket Line in 2012.
Considered a light fabrication and assembly product, the Mat Rack and Mat Basket Systems are easily housed in a 2000 sq. st. warehouse. Currently, a fabricator produces all system components. These components are then powder coated and delivered

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $75,000

FFE: $20,000

Reason For Sale:

The original founders are ready to retire.

Training & Support:

Sellers will train for time necessary through transition and will remain available for ongoing questions.

OPERATION
Year Established: 1985
Employees: 5

LOCATION

Square Footage: 2000

Facilities Information:

The business is easily relocatable to anywhere in the United States. All that is needed is a light industrial warehouse with approximately 2000 sq. ft., a fabricator, and a powder coating affiliate. Staff includes assembly and shipping, plus sales and marketing.

SUMMARY

Competition:

Little competition exists for this unique, patented specialty equipment. The business caters to educational venues, namely Secondary Education Schools, Colleges, and Universities nationwide, where the market has always been consistent and stable.

Potential Growth:

With a robust marketing campaign, that requires a small budget this business has massive room for growth. E-mail marketing, direct sales, and word of mouth are currently used for advertising.
Due to the unique nature of the Business, Expansion may not be an important factor in maintaining growth. In the current location, 80% of the 2000 sq. ft. space is utilized. Efficient use and management of this location has helped maintain profitability.

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Annette Filecci

Phone:
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