Business For Sale Listing 148033
Diversified, High Growth Rural Conglomerate
Status as of Aug-29-2008 at 05:59 PM: Active
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Business Summary
RETAIL BUSINESS: This outdoor sports recreation outfitter is an outstanding business opportunity that is also 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 cycle volatility.
FUEL DISTRIBUTION BUSINESS: This gasoline, diesel and oil distribution business has seen exceptionally strong growth in sales and profitability. Revenue in 2007 increased to $10.3 million, from $7.6 million in 2006, with significant additional growth expected in 2008. The business currently has contracts with 16 clients and its business model provides an excellent platform for further expansion. Very low overhead.
COMBINE 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 was $20.3 million in 2007--$10.3 million for the fuel distribution business, with adjusted earnings of $1.1 million for the combined operation.
REVENUES ARE EXPECTED TO EXCEED $24 MILLION IN 2008.
Categories
Industry
Location
Financials
| Sales: |
Between $10 Million And $25 Million ($20.3 million) |
| Profits: |
Between $1 Million and $2.5 Million ($1,108,100) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $7.5 Million and $10 Million ($9,600,000) |
