Make Money Online Cheer Leading

Feb 282008

Overview

Cheerleading Apparel And Accessories Internet Business Guide Listing #7214
Status:	SOLD
Days On Market:	118
Sale Price:	$195,000
Business Type:	NAICS 464111
Business Category:	Etailer
Business Name:	NDA
Business Web Site:	NDA
Asking Price:	$285,000
Down Payment:	$ Negotiable
Gross Sales:	$548,000
Cash Flow (or SDE):	$89,000
Asking Price As Multiple of Cash Flow	3.2
Year Established:	2002
FF&E:	$ N/A
Inventory:	$40,000
Employees:	4
Absentee Owner:	No

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Business Summary

This Internet Business Opportunity specializes in assembling and selling uniform and practice gear packages for cheerleading organizations. A typical customer is a youth cheerleading league, high school, or all star team. The company’s two sales reps and the owner works with the teams to package, order, and deliver the product.

This cheerleading clothes has experienced double digit increases in sales since its inception. Sales have grown from $158,122 in 2002 to $293,225 in 2003. Sales in 2004 and 2005 were $355,912 and $424,217, respectively. Sales for 2006 finished up at $491,666 and 2007 sales jumped to $557,000.

Since 2006 the sole focus has been on developing an online store and growing market share with team sales and entering new markets in the State of Florida. Although, about 85% of the company’s sales are derived from the Tampa Bay and surrounding areas, there are no geographical limits. The growth opportunities are endless for this online business. By adding commission only sales reps throughout the state, sales could grow exponentially. The owner would like to stay on board as a sales rep and as a consultant as needed.

Facilities: The business is currently operated out of a small professional office park in the Tampa Bay area. The space is approximately 950 square feet and has four offices. The business could be operated from home thereby adding an additional $20,000 to the cash flow. 6-days per week from 9 a.m. to 5 p.m

Competition: Primary advertising has been direct marketing, internet, and word of mouth. This Company has a great reputation and is separated from its competitors by its attention to detail and by the high level of customer service that is provided.

Growth: There is also a web site on which orders are processed. Although, most of the company’s sales are derived from the Tampa Bay and surrounding areas, there are no geographical limits. This Company has a great reputation and is separated from its competitors by its attention to detail and by the high level of customer service that is provided.

Financing: negotiable

Training: Four weeks training at no cost.

Reason Selling: Seller needs more personal time to spend with family.

Listed By: Owner

SOLD COMPARABLES

Description	Days On Market	Sale Price	(%) Asking Price	Asking Price
Clothing Etailer	Unknown	$250,000	71%	$350,000

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