Back to Listings SBA Pre-Qualified: Officially Endorsed 9 Year Old Fitness Equipment Brand With 47% YOY Growth

Asking Price : $699,000

Annual Gross Revenue : $863,358

Annual Net Profit : $218,483

Profit Multiple : x3.20

Inventory Value: -

R-Index : 119

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From the Broker

Having launched the business in 2010, it's entering the 9th year of operations. Through the years this business has shown strong and stable numbers, yet requires only about 5 hours a week of the owners time. An employee who will transfer with the business handles most of the daily operations, leaving the owner free to work on higher level aspects of the company.

With a strong brand, the company has cultivated a cult-like following. Officially endorsed by USA Weightlifting, it is well-known for its quality and creative designs. The brand has multiple channels for distribution through its websites and a presence at live events, but is also primed for expansion through additional online marketing, Amazon, or a push into retail outlets. The seller is interested in the success of the company and wants to sell to a new owner who will take the business to the next level.

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Sale Pending: No

First Seen: Mon, Feb 18th 2019

Last Updated: Mon, Mar 18th 2019

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