My business partner and I are trying to buy an existing archery company in Montana. It has been a thriving company so far, the owner is looking to start a different chapter of his life and is looking to sell. This company has top tier brands like Mathews, Bowtech, Prime, and PSE. They also have gear such as Crispi boots, stone glacier, Black gold and spot hogg sights. They have a tremendous staff that is highly trained. There are 2 lead bow techs and roughly 9 other great employees. This business has 2 locations. One of them also has an attached archery range. Certain things we would do to advance the company forward is update and expand there online presence. Once established for several years we would also move one location to a bigger store and build an attached archery range.
Gross revenue: 3,054,570
EBITA : 326,636
Net Income: 285,205
SDE: 598,667
Average inventory: 500,000-900,000
PNL and balance sheets upon request
We are open to all levels of investment. We need to get some investors Asap so we can send an LOI listing to the broker. Any help would be much appreciated.
Ready to Ask For Funding for your company?
Post a Funding Request