Tactical Military Equipment Manufacturing And Sales In NC For Sale

Business description

The company designs, manufacturers, wholesales, retails and fulfills government (both domestic and abroad) orders for tactical gear used by the Military, Special Forces, Law Enforcement, Border Patrol, and Shooting Sports of both traditional and new-age (Airsoft) Enthusiasts.

The products are combat tested, the real deal, built for ultimate functionality, reliability, and durability. The products manufactured by this company save lives and help protect America's freedom.

The founders started the business in their garage in 1999. The business has grown consistently year after year - even through the 'great recession'.

Growth has been managed as well as possible, but now it's time for an experienced operator with their own vision to step in and maximize the opportunity created by the founders.

Property information

Real Estate:

Lease

Location:

The offices, manufacturing floor, showroom, warehouse and shipping and receiving are located in three contiguous bays in an industrial strip center. The space is adequate for current and expected requirements.

Business Operation

Expansion potential:

The company has experienced approximately a 100% top and bottom line growth over the past 12 months. This has corresponded with an approximate doubling of the number of employees.

Already impressive website could be enhanced with e-commerce for direct retail.

The company stopped spending on traditional marketing at the beginning of 2011 in an attempt to manage growth. Word of mouth, co-marketing with manyfacturers of complimentary products and continuing to develop and manufacture high quality products is driving strong sales growth.

If the new owner desired even more dramatic growth potential exists for adding additional products that fill a more commodity need such as softside rifle cases, range bags, etc.

The company maintains and utilizes relationships with third party manufacturers to help fulfil larger orders. A new owner could drive large orders to these third party manufacturers for products designed by the company leveraging their brand and reputation.

Competition / Market:

There are a number of competitors competing in different segments of the market. In the retail (non-military) space there are many manufacturers. These products are often lower quality 'price point' pieces. These products are typically not categorized as 'Made in America' (51% or more US parts and labor) or 'Berry Bill' (100% US parts and labor) as required for US military use).

Reasons for selling:

Interim retirement, desire to travel.

Trading hours:

Mon.-Fri. 8:00 am to 6:00 pm

Employees:

Full Time: 21 / Part Time: 3

Years established:

1999

Other information

Support & training:

Seller will provide transition support at no cost and extended support and/or research and development, design build, prototyping on a project or retained basis. Current manager is qualified for general manager role for absentee ownership potential.

Financing available:

Seller will participate as required by SBA underwriting guidelines. Inventory value includes finished goods (~$125,000) and raw materials (~$30,000).

Furniture / Fixtures value:

$106,995 (included in the asking price)

Inventory / Stock value:

$155,000 (included in the asking price)