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Listing Broker Information
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Michael G. Fehling
Co-Founder & Principal
Michael Fehling has been licensed as a business broker/merger and acquisitions specialist since 1985. Mr. Fehling is the co-founder of Business Sales Consultants (BSC) and is one of the principals of BSC. Michael has substantial experience in the transfer of business process after completing many transactions during the last 17 years.
Prior to his tenure with BSC, Michael has been a business owner and eventually sold his business. The experience of developing, operating and divesting his own company along with his experience of helping other business owners of transferring their ownership over the years has provided Mr. Fehling with a unique set of skills necessary to be prudent and effective advocate of his clients.
In addition to being involved in a non-profit and serving on the board, Michael is a past board member of California Association of Business Brokers, a non –profit statewide industry trade association.
Credentials and Education:
Mr. Fehling holds B.S. Electromechanical Engineering/Minor in Business from Oregon State University and also attended Santa Clara University in the MBA program. In addition, Michael has 15 years experience in the operations and management of a number of electronic related companies and spear headed a start-up company in the transformer arena.
email:
mfehling@bizsalesconsultants.com
phone: 408-223-8388
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BusinessesFor Sale
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Listing Information |
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| Manufacturer |
| Listing ID: SPR031708 |
Location: Morro Bay |
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Brief:
Sportsrig Has A Great Deal To Offer. With The Purchase Of Sportsrig, The New Buyer Will Avoid The Cost Of Research, Development, Design, Patents, Testing And Negetive Cash Flow During Start Up.
Sportsrig Has Achieved Boot Strap Growth In Sales Each Year. A Small Family Owned Company, They Have Limited Expetise In Marketing And Feel They Need To Let Someone Take The Business To High Growth.
A Potential Buyer Could Utililize A Network Of Dealers, Trade Shows, Or Add The Line To Their Current Product Line. The Company Has Inquires From International On A Regular Bases.
There Are Many Variables In The Valuation Of 1,500,000. These Include General Rules Of Thumb For Manufacturing, Capilization Of Cash Flow, Patented Product, Website And A Look Back At Start Up Costs.
The Seller Is Seeking All Cash Tranaction, However Terms Are Negotiable Base On The Potential Purchaser. |
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| Listed Price: |
$1,500,000 |
| Total Sales: |
$330,000.00 |
| Seller's Discretionary Earnings: |
$130,000.00 |
| Fixtures Furniture, & Equipment: |
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| Real Estate: |
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| Inventory: |
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| Financing / Terms: |
All Cash preferred. |
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Business Information |
| Year Established: |
0 |
| Number of Employees: |
0 Full Time / 0 Part Time |
| Days and Hours of Operation: |
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| Relocatable: |
No |
| Franchise Information: |
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| Facilities / Location: |
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Lease Information |
| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
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| Additional Information |
| Reason for Selling: |
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| Business Description: |
Sportsrig Has A Great Deal To Offer. With The Purchase Of Sportsrig, The New Buyer Will Avoid The Cost Of Research, Development, Design, Patents, Testing And Negetive Cash Flow During Start Up.
Sportsrig Has Achieved Boot Strap Growth In Sales Each Year. A Small Family Owned Company, They Have Limited Expetise In Marketing And Feel They Need To Let Someone Take The Business To High Growth.
A Potential Buyer Could Utililize A Network Of Dealers, Trade Shows, Or Add The Line To Their Current Product Line. The Company Has Inquires From International On A Regular Bases.
There Are Many Variables In The Valuation Of 1,500,000. These Include General Rules Of Thumb For Manufacturing, Capilization Of Cash Flow, Patented Product, Website And A Look Back At Start Up Costs.
The Seller Is Seeking All Cash Tranaction, However Terms Are Negotiable Base On The Potential Purchaser. |
| Potential for Growth: |
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