Opportunity to acquire or invest in an established CT company that manufactures & sells high-tech baseball, softball, and cricket training equipment. Starting in 2000, it sold its patented products to customers such as MLB, college and high school teams, individuals, batting cages/training centers, and national teams throughout the U.S. and five other countries. Reorganized two years ago, it now outsources all significant facets of the business, e.g., engineering, manufacturing, marketing, and PR, to established players. The company is developing a new program involving its products to potentially revolutionize how players are evaluated, scouted, and recruited. The ideal new owner should have knowledge or experience in these sports and a strong marketing and sales background to take the company into the next generation.
- Asking Price:
- Available on request Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease has appx. 3 years left.
- Lease Rent:
- $9 per sq ft per annum
- Location:
-
Milford, CT
- Premises Details:
-
Leased 5000 sq. ft. space; both offices and manufacturing.
- Size in square feet:
- 5000 sq, ft
- Planning Consent:
-
NA
Business Operation
- Expansion Potential:
-
Development of Scout Cage for player evaluations and Top Prospect Scouting Service.
- Competition / Market:
-
Traditional pitching machine companies such as ATEC, Jugs, Spinball, Sports Attack; Trajekt for MLB; Joyner Technologies for low-end video machines
- Reasons for selling:
-
Prime owner is 77 and wants to retire.
- Trading hours:
-
9-5 M-F
- Employees:
- 6
- Years established:
- 1999
Other Information
- Support & training:
-
Continued employment of various employees; retention of outsourced manufacturing and engineering groups
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner will agree to payout of a portion of the sale price as a royalty.
- Furniture / Fixtures value:
- $25,000 - included in the asking price
- Inventory / Stock value:
- $125,000 - included in the asking price
- Website:
- Login or register to view link
- Relocatable:
- This business can be relocated.
