Brand Name Relocatable Sporting Goods Manufacturer For Sale

Business description

We are a 12 year composite manufacturing company with an established customer base and a trademarked brand name product (Stiffi®) within the paintball industry that is recognized Worldwide. We have all equipment, tooling and machinery utilized in the making of high quality carbon fiber products.

Over $1.2 million invested (of which approx. $400,000 in equipment).
Retailers that carry our product are in several countries: USA, Canada, Great Britain, France, Brazil, Australia, Mexico, Argentina, Sweden, New Zealand, Germany, etc.
Product has been included on the cover of sporting goods magazines many times. Sponsor of 4 professional teams. Product awards and recognition received from major sports magazines.

History: We originally made a name for ourselves in the survey industry by becoming the manufacturer of the highest quality survey equipment. We also made motorcycle exhaust canisters for most of the major motor sports companies, telescope bodies for a well-known company, rocket motor shrouds for the GPS II satellite, and other quality OEM products.

In 2001, we added sporting goods to our lineup, where we created our own product: the world’s lightest, strongest, stiffest, most accurate sporting goods product in this niche sport. We invested hundreds of thousands of dollars in marketing and advertising in the first two years to promote this new product and the brand name. Coupled with a high-quality and highly respected product, we soon had sporting goods retailers from all over the world asking to carry our product due to customer demand. Because of our brand recognition, we had intentions to expand our product line within this sporting goods industry. This economic recession has put that on hold.

Relocatable, but if you wish to keep the company at its current location, we have well-trained and highly skilled experienced employees who love their jobs. Our 3,000 sq. ft. facility is in the same rented location from the start. The plant manager, who knows every aspect of the business, will stay on if you so desire, or all equipment can be relocated to your facility.

Prior to this current economic recession our yearly gross income was 500,000 to 600,000. Reason for selling: One owner has passed away. Remaining owner does not wish to remain in the business. Asking $600,000

Property information

Real Estate:

Lease

Lease terms:

month-to-month

Premises details:

3,000 sq. ft. MTM lease within a larger 40,000 sq.ft. building.

Other information

Expansion potential:

Unlimited due to strong brand name that allows for additional products.

Competition / Market:

Similar products made from metal or cheap imitation composites. Our award-winning product is known worldwide as the highest quality.

Support & training:

Plant Manager, who knows every aspect of the business, will stay on or train at your facility, if you desire.

Reasons for selling:

One owner has passed away. Remaining owner does not wish to remain in the business.

Website:

www.sitemfg.com