Company focused on the sale of outdoor clothing and footwear

Basic information

The subject of the sale is a Slovak company, focused on the operation of retail and wholesale sales of outdoor sports clothing, sports shoes and equipment mainly for the needs of athletes, mountaineers, tourists and ski alpinists. Sales are operated in the form of a brick-and-mortar store and an established online store.

The portfolio of sold products mainly includes outdoor clothing, accessories, footwear and outdoor equipment. As part of its activity, the company also organizes sports events and rents out outdoor equipment. The company mainly sells premium brands with added value, while the emphasis is mainly on the quality and usability of the product portfolio, the expansion of product categories, the availability of products (maintaining a large amount of goods, especially shoes in stock). In the segment of outdoor clothing, the company has a very good position on the Slovak market and, at the same time, great potential for expansion into new markets in Central and Eastern Europe and the EU.

Strengths of the company:

• 30 thousand products from 50+ brands in stock
• 90% of products are immediately available
• over 15 thousand of orders per year
• 55% of sales are made online
• annual sales growth rate of 31.6%

The commercial space in which the company’s brick-and-mortar store with an area of ​​330 m² is located is owned by the company, and if interested, it is possible to buy the company, including this property. The estimated value is 400 thousand. EUR, the price would in that case be added to the price for the company itself. In addition to the brick-and-mortar store, the company uses a warehouse with an area of ​​400 m², which is rented from a third party.

After the owner leaves the company, 10 employees will remain. The new owner will have to hire a new executive director to replace the current owner. But of course he is willing to stay in the company for the time necessary for the continuous transfer of the company.

For the year 2023, the company recorded an accounting loss, which was a consequence of the consolidation of the entire company. Consolidation mainly affected two areas – the reduction of warehouse stocks and the reduction of indebtedness to suppliers. The sale of goods was largely handled through commission sales. Direct sales were in the framework of sales in brick-and-mortar stores and for corporate customers. For non-corporate customers and exports abroad, the sales channel through sister companies was used. Looking at the average margin, we see a decrease compared to 2022. This is mainly due to the sale of old stock at significantly reduced prices and also sales promotions that ran practically throughout the year. If the margin is maintained at the level of approx. 33%, sales and profit would increase by approx. 195 thousand. EUR.

The company will be handed over without any loans or liabilities. The purchase price can also be paid in installments with sufficient guarantees and legal guarantees, but the first installment should be at least equal to the value of the goods transferred and the value of the equipment in the property.

The owner is not only looking for a buyer of a 100% share in the company – he is also open to the arrival of a strategic investor, a buyer of a majority share, who will be interested in investing in the development of the company, expansion to foreign markets, and investments in further automation of processes and increase in stock.< /p>

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