This business is a fitness hoop manufacturer that creates high quality weighted adult and child size exercise hoops for the health and fitness industry. This business was founded in 2002 by its current owner and has been profitable since its inception.
Current Status: Off The Market
Posting #: 178430
CONTACT IS A
Seller, Owner
BUSINESS LOCATION
Central Coast
AREA(S) AVAILABLE
Central Coast Area
COUNTIES AVAILABLE
Ventura
ADDRESS / CITY / ZIP
Ojai
FINANCIAL INFORMATION
Asking Price:
$89,000
Down Payment:
$44,500
Annual Revenue:
$244,000
Annual Adjusted Net:
$30,000
DETAILS

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Lifestyle

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Training And Support

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Relocatable

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FSBO

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Bkr Cooperation - Call
FITNESS, EXCERCISE HOOPS MANUFACTURER IN CENTRAL COAST FOR SALE DETAILS
This business is a fitness hoop manufacturer that creates high quality weighted adult and child size exercise hoops for the health and fitness industry.
This business was founded in 2002 by its current owner and has been profitable since its inception. Fitness Hoops are utilized in an expanding national and global market that includes gymnasiums, fitness and exercise studios, health clubs, spas, schools, cruise ships and for personal use.
This business has created a unique machine specifically designed for large volume hoop manufacturing that can be easily transported for use anywhere. It has also created a patented swivel that allows a regular size hoop to be folded (to about 1/4 size of a regular hoop) for transport, shipping and storage convenience.
The owner has developed an accredited teacher training curriculum that inspires teacher led hoop exercise classes and helps generate sales and revenue. (This teacher training can be included as part of the overall sale or maintained in collaboration with the business.)
There is also a professionally developed hoop fitness DVD that is sold alongside the fitness hoops and generates additional revenue.
There is also an active and established website that generates the majority of sales revenue for the company.
The owner has not been active in marketing and direct sales outreach and believes the business can be increased significantly through an active sales effort through its existing customer and teacher base and by creating greater marketing visibility and awareness for this product.
This business operates in a 1,000 sq ft facility that is leased at 1,000 per month. There are 4 employees including one that acts as operations supervisor. The business can be easily relocated anywhere within or outside the United States.
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