BUSINESS DESCRIPTION
If you consider buying this multi-faceted distributor of gaming room equipment you best be prepared for the thrill ride of your career. Explosive growth, rocketing sales, and unparalleled new horizons await the savvy promoter and marketer who takes over this business. Founded by two highly innovative partners eight years ago, this company has become the model of e-commerce efficiency wherein nearly half their large ticket sales, averaging 24;3,500 per transaction, occurring seamlessly on the internet with zero customer contact and instant payment. A staff of 7 people manages this business which includes one of the most innovative and user friendly websites you';ll ever visit, exclusive distribution rights with the leading brand manufacturer of pool tables and game room equipment, multi tiered distribution agreement with one of the largest retailers in the country and an absolutely amazing one-of-a-kind nationwide network of installers. Oh, yes, there';s also a very fast growing retail outlet in Southern California that generates lots of cash sales. Sales in 02 - 24;3.3 million with EBIT of 24;400,000 ; Sales in 03 - 24;5.9 million with EBIT of 24;950,000; Sales in 04 - 24;82B; million projected with EBIT of 24;1.5 million 2B;; Sales in 05 - 24;12 2B; million projected with EBIT of 24;2.4 million One of the partners is moving onto to other ventures while the other wants to remain with the business. We can';t describe all the potential that awaits a buyer, but if you want this business you best have lots of cash or no limit on your American Express. The offering price of 24;8,000,000 all cash is subject to revision as this e-commerce phenomenon rockets skyward. Contact Scott M. Probst Executive Vice President or Mary Sanchez to obtain an offering package. 310-539 8300.