Profitable $2.1mm revenue business generating in excess of 10% ROS.
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 17 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. Highly liquid Balance Sheet with attractive discretionary cash flow, for the first time buyer, or bolt on acquirer.
About the Business
- Years in Operation
- 17
- Employees
- 7
- Currently Relocatable
- Yes
- Facilities & Assets
- 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. - Market Outlook / Competition
- The market continues to grow at an estimate 5% ACG domestically and stronger in the international markets, which the company has been pursuing.
- Opportunities for Growth
- 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.
About the Sale
- Seller Motivation
- Current owners are wanting to retire.
- Transition Support
- Three key employees essentially run operations from customer service, through warehouse management and order delivery, and are expected to stay with the business.
Listing Info
- ID
- 2260328
- Listing Views
- 1191
Listing ID: 2260328 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.
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