Online Retailer of Unique Equestrian Products
CAListing DetailsOffice ID: EQUINE3
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $70,000
Gross Revenue: $82,867
Cash Flow: $15,868
12 Month Forecast: $100,000
Forecasted Cash Flow: $21,000
Inventory Included: Yes
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some portion of financing for well qualified buyers.
Home Based: Yes
Minority Owned: Yes
Reason for Sale:Owner is ready to retire.
Training:Seller will provide general transition support.
OperationsYear Established: 1986
Form of Ownership: S Corp
Employees (part-time): 1
Business Hours: as needed
Business Description:This online retailer of equestrian products specializes in high quality endurance and trail riding equipment. The business retails fine US and Australian manufactured saddles, bridles, breast plates, snug packs and related products. The business accepts all major credit cards and PayPal.
Historical Summary:When formed in 1986 the business was primarily focused on Australian saddles. Over the past ~30 years the owner has added additional high quality products. Inventory value will adjust purchase price upwards or downwards based on actual inventory as of closing date.
Owner Qualifications:Owner should be an enthusiastic horse lover committed to customer service and identifying high quality products that are of interest to the endurance and trail riding community.
Competition:Other than online retailers there is no significant West coast competition. There is a competitor that sells similar products outside of this businesses geographic region.
Potential Growth:The website should be updated to improve customer experience and better showcase the available products. Participating in endurance and trail rides on a regular basis had a very positive impact on sales and profitability in past years. A retail location could be opened. A retail travel trailer could be added for use at events.
LocationType of Location: Home Based
Real Estate for Sale: Yes
Square Footage: 500
Facilities:This business is home based and can be run from anywhere in North America. The business is absolutely relocatable.
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jul 7, 2015 / 4:00 PM