Launched three years ago, this golf equipment and accessories business has a recognizable brand and a sterling reputation. The business sells two quality, branded golf technology products through multiple ecommerce channels as well as brick and mortar retailers. It has carved out a unique niche in the market by targeting recreational, budget-conscious golfers, and with just two sku’s, there is substantial room for growth.
The sale includes all current inventory, social media accounts, IP, and a sales team eager to get the product into golf pro shops. The business is operated by the owner in less than 12 hours per week. If you are looking for viable income with significant growth potential, this is the business for you.
The business derives 100% of its revenue from product sales, and the vast majority of the customers are located in the United States. The products are sold via multiple online channels (website, Amazon, Groupon, and other retailers) and brick & mortar golf pro shops and regional golf shops. In 2016, offline revenue accounted for 9% of total revenue. In 2017 (YTD), the offline revenue accounted for 23% of total revenue. Over the trailing twelve months, the business’ gross revenue was approximately $286,000.00 and the net profit was $53,000.00.
The business carries inventory and stores it on location. However, due to the size and weight of the products and the manageable number of SKU’s, inventory could easily be transitioned to a 3rd party fulfillment center. The business has used two Chinese suppliers since its inception and these relationships will transition to the new owner.
The owner spends 11 hours a week operating the business. This time is primarily spent fulfilling orders, answering customer services inquiries, managing operations, and marketing. The business also has 6 commission-based sales representatives (independent contractors) that focus on brick and mortar sales.
Sale Pending: No
First Seen: Thu, Nov 2nd 2017
Last Updated: Sun, Nov 19th 2017