Listing Number: 95371-163059
This company is a cultural icon within the action sports world of BMX Bicycles, manufacturing bikes, frames, forks, and bars at their plant in California, and is a wholesaler with clients across the USA and internationally. The company has grown 29% over the last 3 years and boast over $8.7M in sales and SDE of $1,011,147, and $901,147 in EBITDA.
Valuation / Price Ranges
1- Income/Market Approach = $3,686,219 + AR $953,477 = Asking Price of $4,639,696 (includes Accounts Receivable, does not include cash, & includes $1.35M in inventory)
2- Asset Method = $5,202,286 (Includes fixed assets, plus inventory, and AR. But does not include cash, which is available).
Inventory Base = $1,341,281 (included) and varies up to $3,000,000 depending on the time of year and business cycle.
Cash (Not Included) - $1,384,867 - available for purchase for working capital needs, in addition to the asking price.
- Price: $4,639,696
- Down Payment: $1,391,909
- Sellers Discretionary Earnings: $1,011,147
- Total Sales: $8,793,976
- Location: Orange County, California
- Inventory: $1,341,281
- FF&E: $1,068,817
- Employees: 25
- Year Established: 1987
- Reason for Selling: Preparing for Retirement
- Category: Distribution,Manufacturing,Sports Related Biz