Business Description
For Sale is an 18-year-old North-Carolina-based gun grip manufacturer that manufactures and sells gun grips and occasional knife blanks. They are the first company to do mass production of gun grips that no one else has. Their image printing technology allows them to create custom designs, unlike anyone in the industry.
Gun grips make up 95% of revenue, and knife blanks make up 5%. The business has over 230 SKUs and growing yearly. Clientele consists of 10% wholesale vs. 90% retail.
There has been an uptrend of revenue growth each year, and they have $2.4M in inventory (retail value). The demand for products is increasing. The business had over 2,000 orders in 2022, and all their B2B customers have increased or doubled their orders for 2023.
They have a loyal and educated staff of 8 and the owner is confident they will stay with the company post-sale. Basic knowledge of UV printing, Photoshop, and problem-solving would be helpful and can be learned.
| 2020 | 2021 | 2022 |
2023 (Up to May) |
2023 (Projections) |
|
| Revenue | $1,000,852 | $1,583,698 | $1,744,073 | $936,499 | $2,263,722 |
| SDE | $21,663 | $187,605 | $300,297 | $275,217 | $602,711 |