Listing Number: 96847-850841
Description
With over 50 years of experience, this company has a long-term reputation and a well-established customer base for quality pre-owned sports equipment rental and sales. It requires minimal owner involvement and employee headcount to generate over $1M in revenue and $464K+ in discretionary earnings in 2024. It can continue running as a lifestyle business or expand with a well-capitalized strategic buyer. The owner will consider staying on for the right buyer with a growth mindset.
At one time, this company generated more than $25M in revenue with three locations. Their name and reputation alone will help rebuild strategic partnerships with high barrier-to-entry clients at major golf courses and other major league sports teams nationwide.
The company serves multiple sectors, including golf courses, baseball, football, and soccer fields, by providing various equipment solutions in this market segment. It has multiple and predictable streams of income, including long-term rental contracts, equipment and parts sales, and in-house third-party financing.
Nationwide distribution emphasizing cost savings on certified pre-owned equipment sales and rental with competitive financing attracts a broad customer base and enhances market reach, increasing potential revenue opportunities. This company's commitment to reliable customer support and service sets it apart, fostering customer loyalty and repeat business.
Listing Details
- Price: $ 1,812,500
- Down Payment: $634,375
- Sellers Discretionary Earnings: $ 464,980
- Total Sales: $ 1,178,069
- Location: Tarrant County, Texas
- Inventory: $ 678,100
- FF&E: $ 128,375
- Employees: 2
- Year Established: 1974
- Reason for Selling: Retirement
- Category: Distribution,Wholesale
