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Sportswear Shop Seeking Loan in Montevideo, Uruguay

Sports-goods business with a broad client base and a niche focus on essential sports articles.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 1.5 million
Run Rate Sales USD 1.6 million
EBITDA Margin 18 %
Industries Sports Goods Stores + 1 more
Locations  Montevideo
Local Time 2:15 AM America / Montevideo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 1 year (Native Currency: USD 70,000)
Reason: The owner is seeking a business loan to help in the business expansion. The loan will help the user... View More
Collateral Available: USD 0
Includes physical assets worth USD 500 thousand
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Business Name
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Business Overview
- The business specializes in the import and distribution of world-renowned sports brands, such as Speedo, Head, Penn, Grays, and Molten, catering to both amateur and professional athletes.
- With a strong track record spanning 32 years, the company has established a broad client base, boasting over 1,000 clients nationwide. This demonstrates a strong and loyal customer base.
- The business sources its products from China, Vietnam, and India, indicating a diverse and potentially cost-effective supply chain.
- The company's main clientele includes local clubs and government offices that sponsor sports activities, showcasing a diversified and stable customer base.
- The business's focus on essential sports articles, such as balls, rackets, and other sports equipment, presents a niche opportunity in a market that is relatively recession-resistant.
- The recent agreement to produce shoes under the business's own brand name presents an opportunity for diversification and potentially increased margins.
- Operating in Montevideo, the business benefits from a strategic location that serves as a gateway to tap into the South American market, which could position the company for further growth and expansion.
- With a lean team of 8 employees, the company demonstrates efficiency and cost-effectiveness, potentially leading to higher profitability. Business does not need a high employee count as they import their goods.
Products & Services Overview
The most sold goods in the shop include balls, rackets and other sports articles used by amateurs and professionals.
Assets Overview
The physical assets owned by the business are:
1. Branded sports goods stocks worth USD 500k.
2. Shop set-up.
Facilities Overview
The business operates from a 120 sqm rented shop in Montevideo.
Capitalization Overview
The business currently has 2 partners holding 98% and 2% shares of the company.
The business does not have any loans but holds credits from a few distributors.
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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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