Scuba Equipment Distribution Business

SCUBA diving equipment distribution company doing 90% of sales online through Amazon, eBay, and company website. Physical location contains 4 new showrooms with beautiful inventory display. This is the largest distributor of SCUBA gear on the East coast, with orders coming from all over the world to include USA, Caribbean, Bahamas, and more. There is little to no competition of this size, and the current owner's relationships (which will be passed along to new owner during 90 days no cost seller training) keep this business at the top. Two officers of the company combined work ~40 hours per week (more work required during summer months), coming into the store/warehouse to do inventory control, and pack/ship orders. Knowledge of SCUBA diving is not needed, but will help (seller training will include inventory knowledge). Current owner is a pioneer in the SCUBA world with great relationships in the industry that he is willing to pass along to a new owner. Willing to stay on for 3 weeks for seller training. Fantastic opportunity to enter the world of internet sales with a business that services a niche customer base at a very large scale.

Down Payment: $900,000

Total Sales: $1,160,714

Cash Flow: $398,212

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $25,000

FFE Included: Yes

Inventory: $311,000

Inventory Included: Yes

Year Established: 1990

Non-Owner Payroll: N/A

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Retail

Reason For Sale:

Retirement

Training & Support:

Seller provides training for 13 weeks at no cost.

Financing/Terms:

$300,000 seller financing available for 36 months at 8%.