This is a retail sporting goods business selling primarily team uniforms, shirts and caps that have been screen printed or embroidered with the team’s or school’s logo (80%), in addition to customized trophies (20%).

The business has a long history of successful operation with substantial repeat business – due in part to its inventory of thousands of team logos on file for screen printing.

The owner made a decision to stop soliciting business directly from schools to simplify the retail operation by eliminating outside sales calls.  While the business continues to sell to several schools that have been long-time customers, this is an area of potential growth for a new owner. 

To replace some of the lost school business, the owner has focused on embroidered products for companies, plus the mainstay of his business - recreational and select teams.  This customer base also provides better margins for the business.

The business has shown improving gross profit over the pass few years, along with improved net profit - in spite of the economic downturn of the past two years.  This business will provide a steady income for a new owner without much effort – and a great base to increase sales and profit for a new owner who wishes to provide more aggressive marketing and sales effort.

PURCHASE PRICE:

The business is offered for sale for $99,950 (reduced from $120,000) free and clear of debt.

Financial Summary: