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Sport Goods Company Investment Opportunity in Marina del Rey, United States

Fitness products company selling the revolutionary spring loaded stability board seeks a partner.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 150 thousand
Run Rate Sales USD 168 thousand
EBITDA Margin 20 %
Industries Sport Goods
Locations  Marina del Rey
Local Time 1:05 PM America / Los Angeles
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1 million for 80.0% stake (Native Currency: USD 1,000,000)
Reason: To reach more customers, increase sales, expand to other countries and improve distribution. Valuat... View More
Includes physical assets worth USD 50 thousand
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Business Overview

We have designed and developed a unique workout product for fitness customers.

We have a presence in many LA fitness locations, Iron Company, various major league sports, and several thousand gyms all over the country.

Growth has been steady and good but not to its potential.

Sales are done through social media.

We use social media (Facebook, Instagram, Twitter) marketing to reach consumers who want to be fit and improve their balance and posture.

We also sell on Amazon and are in LA fitness gyms across the country.

Generating around $100k in sales annually in the last two years. The years before that were $200k-$300k.

Manufactured by a 3rd party producer.

We are established to a point but need more reach and distribution.

We are currently active only in the USA. We have many countries wanting to carry us but we do not have the money to make that happen.

Our product is patented and the company also holds another patent.

Products & Services Overview

We are a fitness products company selling a revolutionary spring-loaded stability board and balance bench to customers.

Assets Overview

Physical assets include an inventory of products (400 boards in inventory)

Other assets are 2 patents, 1 pending patent, 10 trademarks, and 3 certification courses.

Facilities Overview

Operating from a rented office space in Marina del Rey.

Have a rented local warehouse for storage and distribution.

Capitalization Overview

This is a self funded business.

Business has no loans or liabilities.

Owned by a single owner.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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