Well-established, 25+ yr. old fitness equipment distributor is in search of a qualified buyer. The company is one of the largest online machine parts distributors in the nation with a large inventory of treadmill, steppers, elliptical and various other fitness machine parts for top branded companies in the US.
The distributor has an online database of replacement parts for exercise and fitness equipment such as: Bowflex, Schwinn, Monark, Tunturi, Star Trac, Image, Health Rider, Proform, Weslo, Life Fitness, True Fitness, Precor, Cybex, and many more. Fitness equipment distribution is a subset of sporting goods manufacturing industry generating a combined revenue of approx. $2.5 Billion a year.
Sales, marketing, and distribution is generated on an e-commerce platform which focuses on 40% commercial and 60% consumer markets. Sales are created 97% online and 3% telephone orders.
Real Estate: a leased 53,000 + SF facility with current terms through August 2024
Management: Seasoned quality control team that will be transitioning with the company. Current owner is willing to stay on for a short period of time after closing to transition all activities over to the new owner.