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Business For Sale Listing 157679

Fitness Equipment Distributor - Caribbean

Status as of Jan-7-2009 at 05:59 PM: Active

Business Summary

Our firm currently represents the Caribbean's most complete distributor of high end fitness equipment for commercial and home use. As the region's only equipment dealer offering a service center/repair shop and sales of refurbished equipment, the company faces very limited competition. The exclusive distributor of several fitness equipment lines and an authorized dealer for more than a dozen premier equipment manufacturers, the company generates revenue from the sale (95% of 2006 revenue) and service (5%) of equipment to government (30% of 2006 revenue), corporate (20%), private community (15%), hotel (10%), and individual (10%) customers. Including delivery and installation charges, the average sale generates a gross margin of 50%. Carries a comprehensive variety of product lines including treadmills, ellipticals, rowers, multi-station/single station equipment, stationary cycles, steppers/climbers, arc trainers and free weights. TTM sales ending 09/30/08 are $1.1 million with EBITDA of $323,299. The company's showroom, which shares the 6,000 sq. ft. headquarters with office, warehouse and service space, accounts for 25% of sales. Given the company's two decade-plus history of operating success and exciting opportunities for development through geographic territory expansion and entrance intro the equipment rental market, this firm makes an ideal acquisition candidate.


Categories

Industry: Wholesale Distributors For Sale
Other Wholesale Businesses For Sale
Location: US Territories Businesses For Sale
United States Businesses For Sale
Other: Small Businesses For Sale

Industry

Sector: Wholesale Trade
Industry: Other Wholesale Trade

Location

Classification: United States // US Territories

Financials

Sales: Between $1 Million And $2.5 Million   (1,500,000)
Profits: Between $100 Thousand and $500 Thousand   (251,000)
Profit Type: Earnings Before Interest, Taxes & Depreciation (EBITDA)
Asking Price: Not Disclosed
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