Hot Listing

Custom Wood Baseball Bat Manufacturer

Asking Price$350,000

Cash Flow
$40,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$988,000

Inventory$170,000
Included in asking price
FF&E$150,000
Included in asking price
Bat companySave
Hot Listing

Custom Wood Baseball Bat Manufacturer


Asking Price$350,000

Cash Flow
$40,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$988,000

Inventory$170,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
A wooden baseball bat manufacturing business located just a few minutes from downtown Columbus, Ohio. This 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. The company is one of a select group that is pro-approved by major league baseball.

The company is noted for its high quality products 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.

Like most companies that supply the baseball 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, broadening the line of accessory baseball products, and expanding into products for other sports.

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!"

Don't miss this chance of a lifetime to actualize a dream!!
About the Business
Years in Operation
29
Number of Employees
3.75
Facilities & Assets
Flex warehouse condo built in 2004 with 24' ceilings, one 10' overhead door, and 3-phase electric. A second floor of approximately 500 sf (not included in total sq, ft.) provides 4 offices and a conference room was built in a number of years ago.

Located in one of the fastest developing areas in Central Ohio, and perhaps in the entire state. Property values there have been growing about 7% a year due to high demand. At the prevailing lease rates for that location, a CAP rate of 7.0% is a reasonable expectation.
Website
https://www.phoenixbats.com
Market Outlook / Competition
The overall market demand for baseball bats has returned to pre-Covid levels. Competition is substantial. CAGR for bat sales is expected to be approx. 5% from now thru 2032.
Opportunities for Growth
Additional product lines such as metal bats, and accessory items like baseball gloves, mitts, hats and other clothing accessories. Adding products for other sports would open market potential substantially.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,650
Rent
$2,800.00 per month
About the Sale
Seller Motivation
The owners have experienced life changing personal circumstances.
Transition Support
Short transition training by owner; CEO is one of the employees and will remain with company. All employees are aware of the sale and are expected to stay after the sale.
Listing Info
ID
2246762
Listing Views
2972

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Business Listed by: Richard Barth Grandworth Business Brokers & Intermediaries LLC

Listing ID: 2246762 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.