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Listing Broker Information
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Bob Forbes, CBI, M&AMI
President
Bob Forbes has over 18 years of experience in business transactions, as a business intermediary, owner, and private equity executive. His exceptional service to his clients is backed by his extensive experience in strategic and tactical marketing, negotiating complex business transactions, capital planning and placement, and business valuations.
Prior to forming Forbes Mergers & Acquisitions, Bob was an owner and key executive for 5 other businesses in the energy, information technology, and service sectors, where he orchestrated a number of M&A transactions. Prior to his entrepreneurial career, Bob did transaction work for 2 private equity groups. He has served on the board for 7 different companies. He presently serves on 2 boards where he provides strategic marketing and finance expertise.
Bob is a Certified Business Intermediary and has a degree in Finance and International Business from the University of Colorado at Denver. He is a member of the International Business Brokers Association, Association for Corporate Growth, and Colorado Association of Business Intermediaries, and he holds a Real Estate Broker’s License. He is an acclaimed business speaker and author of numerous published articles.
email: Bob@ForbesMA.com
phone: (303) 882-8868 / (303) 256-6768
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 Contact
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| Businesses
for Sale
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Listing
Information
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| Athletic Equip. Mfg/Distr |
| Listing
ID: 2330994 |
Location:
Colorado
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Brief:
SOLD Reputable supplier of athletic goods and equipment to niche competitive sports markets. The products are provided through a blend of in-house manufacturing and established suppliers. The company’s product line is widely recognized as the best in its class, and is sold directly to high schools, universities, professional teams, athletic clubs and athletes nationwide, and through a mature channel of dealers and contractors. The business is 31 years old and generating solid financial performance and consistent year-to-year growth, despite recent swings in the economy. The company has excellent name recognition, along with a reputation of quality, competitive prices, on time delivery, and 100% customer satisfaction. There are numerous opportunities to expand beyond projections. |
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| Listed
Price: |
N/A |
| Total
Sales: |
$2,100,000.00 |
| Seller's Discretionary
Earnings: |
$340,000.00 |
| Fixtures
Furniture, & Equipment: |
$250,000.00 (Included in Listing Price)
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| Real Estate: |
$815,000.00
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| Inventory: |
$315,000.00 |
| Financing / Terms: |
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Business
Information |
| Year Established: |
1974 |
| Number
of Employees: |
0 Full Time / 12 Part Time |
| Days and Hours of
Operation: |
M-F, 8-5 |
| Relocatable: |
No |
| Franchise Information: |
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| Facilities
/ Location: |
The business is conveniently located in a light industrial corridor within the Greater Denver Metro Area near the intersection of two State highways. The company currently leases 11,640 sq. ft. of space. The building is separately owned by company's owners, and is available for sale with the business. The current space, equipment, manpower, and processes provide additional capacity for growth. |
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Lease
Information
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| Lease Expiration Date: |
12/31/2010 |
| Option: |
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| Monthly Rent: |
$6,150.00 |
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| Additional
Information |
| Reason for Selling: |
Retirement |
| Business
Description: |
The company is positioned favorably among its competitors and effectively competes with its brand strength and associated reputation. In addition to preserving strong and growing market share, the company’s competitive strength has protected its healthy margins. Most companies supplying the market are small specialists, often making only certain types of equipment. Many of these companies are also relatively new, taking the place of prior start-ups that failed to achieve the scale necessary to effectively compete. |
| Potential for Growth: |
This is an outstanding opportunity for the right buyer to capitalize on the exceptional company reputation and infrastructure. Additional growth beyond the current forecast could be from rentals at competitive events, expanded product lines, e-commerce, and additional promotion. |
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