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Martial arts gear & apparel

Los Angeles County, CA
listing image
Asking Price:$2,500,000
Gross Revenue:$5,000,000
Established Year:1988
Cash Flow:$1,000,000
Inventory:$2,500,000
Listing ID: 2309608Listing provided by BizBuySell
BUSINESS DESCRIPTION

Martial Arts gear & Apparel Wholesale/Retail

Seller established this extreme business for 15 years.
There is room to grow with new buyer.
On line/off-line, repeat customers.
Annual gross $ 5,000,000
Net income $ 900,000
Payroll: $ 379,525
Operating expenses: $ 300,000
Internet: $ 28,326
Utilities: $ 24,750
2 managers, 8 full-time, 2 part-time employees.
Clean books and records.
Asking price: $2,500,000 + Inventory ($ 2,500,000)

DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Employees
12
Facilities
Operating out of 20,000sf warehouse.
Competition
It's a specialty market with minimal competition.
Growth & Expansion
Buyer can increase sale with stronger online presence and marketing, but retiring seller does not feel the necessity nor has motivation. Also buyer can focus on growing segment of martial arts or sports in general.
Support & Training
Seller will provide full training.
Reason for Selling
Seller retiring
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Karl KIM
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Karl KIM
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