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Strong performing Youth Sports and Corporate Apparel company with Revenue Up 40%+ in '22 vs. '21

A unique opportunity to own a well-managed and rapidly growing team sportswear and corporate apparel company. The company is owned by a serial entrepreneur with vast experience in athletic wear and sporting goods categories. The business has posted 19 consecutive months of year over year sales growth since March of 2021. This sportswear and corporate apparel company grew 45% year over year through year-to-date January to September 2022 and grew 122.3% from 2020 to 2021.

The main customer base is made up of youth sporting organizations, amateur and professional sporting leagues and corporations. The business offers spirit wear in terms of uniforms, hats, helmets, warm-ups, outwear, construction gear, corporate apparel, accessories and sporting equipment. They provide logo or custom images through embroidery, heat transfer, silk screening, sublimation, patchwork (i.e., patches for clubs, etc.), and woven labels. In addition, the company provides a variety of custom branded accessories and printing services including duffle bags, protective masks, banners, signs and more.

The company successfully utilize both online and retail marketing channels. With over 100 online stores, their customers can provide their end customers with a dedicated webstore to browse and purchase their spirit wear. This growing online e-commerce presence has shown high growth and increased efficiency.
The future buyer is positioned for growth and long-term success from the systems, processes and customer base in place. Further, the future buyer will benefit from the mentorship, experience and knowledge that the owner is willing to share post retirement sale.

The owner fulfills the roles of an executive manager, strategic oversight and administration with 25-30 hours per week. The company maintains 10 employees with a general manager and an assistant manager. They employ a full-time sales person focused on outside sales and marketing. They operate Monday through Friday from 9 a.m. to 5 p.m. The business occupies a 3,850 square foot location with 2 showrooms – one for corporate apparel and one for team sportswear. Their lease payment is $4,973 per month and the lease is set to renew at the end of 2023 with a single five-year option to extend.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.