The owner of a pole fitness industry business, established in 2013, is seeking to sell due to time constraints from managing multiple businesses. The business is primarily passive, as the owner only fulfills orders but lacks time for inventory management, affecting sales. Despite this, monthly sales hover around $9,000 to $10,000, with DVDs alone generating approximately $3,800 net per month. The business holds exclusive distributorship agreements for the US and Canadian markets, and additional partnership opportunities are available. It operates via multiple platforms, including an online store, Etsy, Amazon, and eBay, with some wholesale agreements in place.
The sale includes the web and social media accounts, a licensing agreement with the European branch, and copyright ownership of a popular DVD series, which alone brings in $45,000 annually in the US market through Amazon. The potential for growth is significant, especially in international and wholesale markets. The business has room to expand into selling additional merchandise and leveraging social media for increased sales. The buyer should maintain a $10,000 to $20,000 inventory, and potentially more for expanding into apparel.
The current owner will support the transition, introducing the buyer to suppliers and customers, and providing guidance on SEO and business operations. The sale excludes current inventory, which can be purchased separately. The owner assures a no-compete guarantee for three years and offers the business at a valuation based on DVD sales, emphasizing the potential profitability beyond the DVDs.