Profitable $2.1mm revenue business generating in excess of 10% ROS.
Illinois
| Asking Price: | $1,300,000 |
| Inventory: | $500,000 |
| Established Year: | 2008 |
| Gross Revenue: | $2,200,000 |
| FF&E: | $175,000 |
Listing ID: 2260328Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a niche business in a growing marketplace showing 5% ACG growth. The business manufactures and assembles smoker BBQ grills and accessories and enjoys above industry Gross Margins. Sales scale the entire US as well and internationally. This is a well established business of 16 years and having a very talented and stable workforce that will stay with the business. It primarily operates out of an 8100 square foot warehouse that is adjacent to a major interstate transportation network. The owners are wanting to retire, and thus the sale of the business.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
8100 Square Foot warehouse and office facility. 600 sq ft office space involving 3 offices, a small showroom, 2 restrooms and a breakroom. There is a loading dock to accommodate semi-trailer loading and un-loading
Assets would include warehouse racking, two forklifts, and miscellaneous equipment, computers, desks.
Competition
The market continues to grow at an estimate 5% ACG domestically and stronger in the internationally markets, which the company has been pursuing.
Growth & Expansion
Online sales distribution channels have dominated the sales mix in the past. New channels are being pursued to include big box retail, third party distributors and resellers.
Support & Training
Three key employees essentially run operations from customer service, through warehouse management and order delivery, and are expected to stay with the business.
Reason for Selling
Current owners are wanting to retire.
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