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Established Made in the USA Flag Company
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Form:Sale established business
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Activity:Running
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US$ 16 667
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US$ 5 833
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Payback period (years):2.8
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Established in:1950 (business age in years 74)
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Type:Owner
US346978
Relevance check: 04.06.2024
Business description
For decades, Beaver Flags has been in the business of making and selling custom flags both wholesale and retail. A business with a rich boating and marine industry history, it offers a huge upside potential. This long standing, highly reputable business sells primarily to a large existing client base and through its own branded website.
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Units:Operating business, Tangible assets, Intangible assets, Training and support
Geography and location
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City:
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Located in office complex on month to month lease. Can stay or move. No retail storefront.
Transaction terms
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Price:US$ 208 000
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Timeframe for the deal:Urgent
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Payment concessions:
- Other concession payment
- May consider financing with significant down payment.
Financial information
Monthly averages:
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Cash Flow (per month):US$ 5 833
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Revenue (per month):US$ 16 667
Ratio:
Corporate issues
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Legal form:Private company
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Number of owners:1
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Share for sale:Entire
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Reason for selling:Нealth (age, fatigue, illness, retirement)
Characteristics of tangible assets
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Appraised value:US$ 42 000
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Tangible assets and working capital included in the asking price:
Characteristics of intangible assets
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Appraised value:
(included in the asking price)- Customer database
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Additional description:Decades of customer data, flag templates, relationships with yacht clubs and marinas.
Training and support
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Help and support that seller is ready to provide:
- Financial advice and assistance
- Bank assistance
- Lease offer / Mediation
- Organisational assistance
- Market analysis / Statistics
- Purchasing system
- Organising / Management
- Bookkeeping
- Advice on recruitment
- Location analysis
- System function analysis
- Marketing concept / Suggestions
- Internal computer network
- Central purchasing
- Activity comparative analysis
- Training and consultations
- Primary training
- Training at the company
- Email consultations
- Startup training
- Exchange of experience / Partner meeting
- Phone consultation
Additional information
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Competition in the market:Our primary competitor is a very large volume flag manufacturer in Mexico, whose pricing is lower than ours. But the variance is small enough to allow Beaver Flags to compete with its Made in America products. Nationwide there are seamstresses and smaller companies that service local businesses but they do not have the history or the potential reach to compare to what Beaver Flags offers.
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Business growth potential:The untapped potential opportunities include: Email existing customer data base and yacht clubs, marinas and boat companies. Implement Google adwords, Facebook, Nextdoor, Instagram, Etsy, Ebay marketing plans. Develop New Products: Flag Poles, Blade Flags, Marketing Banners, Corporate Flags, College Flags, Team Flags, Fraternity/Sorority Flags, Professional Sport Team Flags and more. Attend Boat shows/other merchandising shows. Increase sewn product inventory and expand existing product lines.
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Working hours:06/5
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Other important information:Beaver Flags prides itself in providing the highest quality flags possible, using only US made, first class materials combined with tried and true sewing and finishing procedures, that create what many people refer to as a work of art. All flags are cut by hand, sewn individually and personally inspected by management. The end product is worth it.
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