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Businesses For Sale > Business For Sale in Morris County, New Jersey (NJ)
Nationwide Sports Distributor for sale in Morris County, NJ
Morris County, New Jersey (NJ)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 9,000,000 |
$ 7,491,351 |
$ 1,739,376 |
Inventory Value:
$ 5,000,000 (included in the asking price)
Business Summary:
Sportswear distribution company with business in 4 northeastern states. Strong sales and revenue. This business is a national leader as a supplier of highly repeatable, Team specialty sportswear throughout the United States with little competition. It has grown significantly over the past 18 years, especially since 2013, and has offices, warehouses and show rooms currently in 4 states in the Northeast. Its business is both e-commerce, online sales, and standard marketing/showroom sales.
For More Information Contact:
Raymond Saleeby
Executive Business Brokers
2583 Morris Ave
Union, NJ 07083
Cell: 973-524-0390
Office: 908-851-9040 EXT 211
Fax: 908-851-9066
Business Owners: We are always in search of quality businesses to list, if you are thinking of selling your business, would like to acquire another business or you would like an evaluation of your current business, please email us at [email protected] or call 973-524-0390 or 908-851-9040 EXT: 211
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| Year
Business was Established: 1977 |
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| Number of Employees:
42 |
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| Facilities / Terms of Lease:
Located in four northeastern states including headquarters, showrooms, warehouse, sales and e-commerce, offices, parking and cleaning. All equipment is in good shape. |
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| Potential
Growth/Expansion:
Both geographic and e-commerce expansion potential is considerable. Client database usage on other product lines is also possible. It's recurring revenue from team sales is significant. Covid impacted its sales in 2020 but the rebound in 2021 is considerable and the expectations are that 2022 will return its strength to rise above the pre-covid $11.4 million revenue levels. The results are in for 2021, the revenue of $7.491 million more than doubled Covid’s prior year and the full year Adjusted Cash Flow is just under $1.739 million. |
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| Competition:
Limited competition in current markets. It is the largest of its kind in the U.S. |
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| Owner
willing to train:
Seller will support and train buyer for as long as needed to help transition business + help it grow further. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 7714RS
BusinessMart.com Listing Number: 273834 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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