| Message Number | 409219 | ||||||
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| status | Active | ||||||
| Subject Line | Sports Equipment and Custom Clothing Business for Sale
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| Have/Want | Have | ||||||
| Business category | Business Opportunities | ||||||
| Date of Listing | August 27 2022 | ||||||
| Price | $375,000.00 | ||||||
| Comments | This business is a manufacturer of custom sports garments, and a retailer of sporting goods. It is located in the western part of the Greater Toronto Area. In addition to the retail and garment manufacturing aspects of the business, it also offers bicycle sales and repairs, and provides services for other sporting goods. Most revenue is derived from custom uniforms and custom apparel for hockey and baseball teams, followed by school sports spirit-wear and teamwear, and corporate wear. All design and production are done in-house.
The website is excellent, and the business is supported by strong back-office IT systems. Substantial machinery and inventory value are included. In the last few years, the business owner has largely been uninvolved, with capable local management in place. Other aspects of this business include: ? Substantial multi-year, high margin contracts are signed and in place with numerous sporting associations, providing the buyer with future revenue streams. ? The equipment included had a book value of $147,000, but it?s value in-place, in-use is substantially higher. ? Inventory is included with a value of $210,000. ? The workforce is well trained and loyal. ? Revenue and profitability have improved substantially in 2022, after a significant reduction in business caused by COVID. ? There is significant potential for growth from the custom garment manufacturing business. |
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| Member Identifier | 11575 | ||||||
| Name | Frank Wang | ||||||
| Title | Sales Representative | ||||||
| Company Name | Homelife Landmark Realty Inc. Brokerage | ||||||
| Address Line One | 7240 Woodbine Ave, Suite 103, | ||||||
| City | Markham | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L3R 1A4 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (905)305-1600 | ||||||
| Cell Number | 4168908616 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
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