POWERHOUSE OUTDOOR SPORTS RETAILER - $10mm SALES + HIGHLY PROFITABLE FUEL DISTRIBUTION BUSINESS
Location: New Hampshire
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $9,600,000
Gross Revenue: $20,300,000
Cash Flow: $1,108,100
Inventory: $5,000,000 (Included in Asking Price)
FF&E: $325,000 (Included in Asking Price)
Real Estate: $2,400,000 (Included in Asking Price)
Seller Financing: The Seller will consider some owner financing for a qualified buyer.
Business Summary
RETAIL BUSINESS: This offering actually involves two separate businesses. The first is an outdoor sports recreation outfitter with sales in 2007 of $10 million that is an outdoor enthusiast's dream. It dominates its local market and draws customers from hundreds of miles away by offering a huge variety of outdoor sporting equipment, with an emphasis on hunting, fishing, and outdoor motor sports. Picture a smaller version of Cabela's, then imagine a much more extensive product lineup. The Company is well known for its four-seasons, outdoor power sports opportunities, yet also has hardware, building products and a gas and convenience store. The business has created significant market penetration with many of its outdoor sports products. Its customer base includes clientele from all over New England and beyond who visit the retail complex or purchase by phone or via the company's website. The Company's diversified business lines mitigate seasonal and business volatility.

FUEL DISTRIBUTION BUSINESS: The second related business is a very profitable gasoline, diesel and oil distribution business which has seen exceptionally strong growth in sales and profitability. Revenue in 2007 increased to $10.3 million, from $7.6 million in 2006, with sales in 2008 expected to reach $15 million.
The business currently has contracts with 16 clients and its business model provides an excellent platform for further expansion. Very low overhead.

COMBINED OPERATIONS: Though the businesses are separate and distinct, there is some synergy between the two and ownership, seeking retirement, would like to sell both. Total sales for the combined operations of the two companies equaled $20.3 million in 2007, with adjusted earnings of $1.1 million.

REVENUES ARE EXPECTED TO REACH $25 MILLION IN 2008.

WHY BUY?

REVENUE GROWTH--expected to increase from 2007 level of $20.3 million to $25 million in 2008.

GROWING BUSINESS CASH FLOW--Combined operations have shown an increase from 2005 level of $687,000 in 2005 to $1,108,000 in 2007

WELL-DEFINED, SIGNIFICANT, COMPETITIVE ADVANTAGES--both businesses

CORE BUSINESSES PROVIDE OUTSTANDING PLATFORMS FOR SIGNIFICANT FUTURE GROWTH
About the Sale
Management Training and Support: The Sellers are dedicated to a smooth transition to new ownership and look forward to seeing the two businesses continue to grow in the hands of a visionary entrepreneur.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:905346
Seller ID:106
Business Listed By
Name:Stephen Vlachos & Gregory Caswell
Company:Caswell Vlachos Group LLC
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