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Salt Lake City, UT

  • Listing Number: 216-21226

  • Category: Distribution

Asking Price $10,000,000
Down Payment $10,000,000
Gross Revenue $8,000,000
Total Adjusted Net Income $2,300,000
Equipment / Fixtures
Year Established 1929
General Location Salt Lake City, UT
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Wholesale expansion opportunity with contracts in place with big box retailers. Seller is currently in over 200 Walmart stores. According to the seller, the company can go to 700 stores with an additional 5M capital infusion to fulfill standing purchase orders. The company has 12M in pre-orders for March delivery alone. The company also has a vendor contract with MID-STATES and is also working with Bass Pro, Dicks Sporting Goods and Big 5. Seller is looking to sell the business and retain some equity while assisting with the growth of the company. Seller states he could triple the growth of the company with needed growth capital. The company has 11 different product lines that include plastic swimming products, kayaks, bikes, waterproof medical scrubs, and muckwear coats and boots. All buyers must qualify with listing broker / serious inquiries only. This opportunity won't last long on the market! 

Gross Revenue $8,000,000 Listed Price $10,000,000
Total Income $2,300,000 Down Payment $10,000,000
Base Rent $4,905 Square Feet 11000
Total Rent $4,905 Lease Expiration
Rent Deposit Lease Options
Inventory $5,941,000 Leasehold Improvements $0
Equipment / Fixtures Other Assets
Full-Time Employees 28 Training Period 30 days
Part-Time Employees Special License Required
Contract Staff 40 Reason for Selling Planning for retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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