Online Golf Equipment Retailer In Austria

[SunbeltAsiaAdvisor]

Online Golf Equipment Retailer

Location: Bludenz Austria

Listing ID# BKK14135

Price: 2,700,000THB

BUSINESS SUMMARY

Based in Europe, this Online Golf Equipment Retailer has gone from strength to strength since being founded in 2007. Revenues have gone from US$10,000 in 2007 and US$23,000 in 2008 to US$40,000 in 2009 (approximate figures), and cash flow is still increasing. As costs are relatively small, with material outlay accounting for around 25 percent of sale prices, profit margins are very robust; last year net profits of roughly US$23,000 were made.

A lot of time and money has been invested this year in updating the website; the new site is now completely revamped and incorporates a web shop. Multiple domains have been registered, and the site can be maintained in two languages. The business has already been relocated from the United Kingdom to its current base, so could easily be run from any location in the world that has good shipping facilities within easy reach.

The sale includes all equipment and machines, technology manuals, instructions, an inventory of club heads, shafts, grips, all websites, the integrated web shop, all supplier contacts, and all relocation, transfer and shipping costs. A valuation of US$18,000 has been placed on the stock alone. The potential for growth is considered to be huge, especially as the company hasn’t branched into items such as golf bags and clothing so far. Asking price: 2,700,000 baht.

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