Sales and Installation of Running Track Systems

Idaho

Seller Financing Available

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Asking Price:$2,500,000
Gross Revenue:$9,700,000
FF&E:$1,000,000
Cash Flow:$332,000
Inventory:$950,000
Established Year:1999
BUSINESS DESCRIPTION

Cash flow of $332,000 with 6 month backlog and consistent growth

A well-established company specializing in the sales and installation of high-quality running track systems, primarily serving the Western states. This reputable business boasts a team of experienced salespeople who work closely with top-tier manufacturers to ensure exceptional quality and customer satisfaction on every project. The company employs multiple crews of skilled technicians and laborers, capable of handling new construction, repairs, and maintenance for almost every type of track surface.

This business offers a robust opportunity for growth and expansion supported by an experienced workforce. The current owner, who is looking to retire, is committed to ensuring a smooth transition and is willing to stay on during a training and transition period to provide comprehensive support and knowledge transfer. This is a unique chance to acquire a niche business with a strong market presence and untapped growth potential.

Sales Revenue:
2024 Sales of $9,700,000, SDE of 332,000 (Annualized)
2023 Sales of $9,015,000, SDE of $70,000 *
2022 Sales of $5,460,000, SDE of $654,000
2021 Sales of $3,865,000, SDE of $120,000
2020 Sales of $3,411,000, SDE of $82,000

* In 2023 the company attempted to add additional products and services that required a significant amount of time, money, and resources. The owners have since pulled back on expansion focusing on the primary products and services that deliver the highest profit margins.


DETAILED INFORMATION
Location
Idaho
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The asking price includes $950,000 of working capital (including inventory). The business operates out of a leased facility owned by the seller. The buyer the has the option to enter a new lease for the facilities or purchase the building.
Financing
Seller is willing to finance up to 10% of the total purchase price.
Support & Training
The seller will assist the buyer through a transition may be willing to enter into an employee or consulting agreement and remain for a limited time with the company following the training and transition period.
Reason for Selling
Retirement
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Trevin
Rasmussen
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Trevin Rasmussen