Custom Wood Baseball Bat Manufacturer
| Asking Price: | $350,000 |
| Gross Revenue: | $988,000 |
| FF&E: | $150,000 |
| Established Year: | 1996 |
| Cash Flow: | $40,000 |
| Inventory: | $190,000 |
| Real Estate: | $1,115,000 |
Phoenix Bats, located just a few minutes from downtown Columbus, Ohio, is an established company that manufactures customized wood baseball bats. In existence for more than a quarter of a century, the brand name is recognized at all age levels across the industry, in both domestic and foreign markets. The majority of sales occur from online orders, and products are shipped to all 50 states and a number of foreign countries.
Phoenix is noted for its high quality product and excellent customer service. While the owner of the company is absentee, the permanent staff averages about 35 years of age and all have been with the company over 10 years. All staff are aware of the possible sale of the company and all are expected to remain with the company after the sale.
Phoenix, like most companies that supply the sports industry, suffered from the impact of Covid in 2020-2021, and needs an enthusiastic owner to return it to higher sales and profits. The company has good growth potential for the buyer who can bring vision, leadership and solid financing to the table. Value drivers that rate highly in the offering include (1) attractive and interesting work; (2) a good location that offers expansion and close proximity to 4-lane transportation; (3) well established relationships with suppliers and customers; (4) working systems in place; (5) well kept books and records; (6) highly trained and dedicated staff.
Specific untapped opportunities include adding the manufacture of metal bats, and broadening the line of accessory baseball products.
This is a great opportunity for someone who loves baseball and wants to be involved in the industry. As the owner, you will be introduced to some of the big names in the sport. As someone recently remarked, "This isn't work, it's fun!"
Offered along with the business is the sale of 6,000+ sf of flex manufacturing/warehouse space split between two units. One unit is occupied by the company, and the other is leased to another unrelated business. More details about the real estate can be provided by the broker, or can be found at this website:
https://www.bestcorporaterealestate.com/listingimages/2165.pdf. The real estate is offered by BEST CORPORATE REAL ESTATE, John Barth, Agent, Ohio License Number 2021006737.
Don't miss this chance of a lifetime to actualize a dream!!
