Sporting Goods Manufacturer and Importer - Cornhole Products
Financial Details
- Asking Price:
- $8,000,000
- Annual Revenue:
- $7,400,000
- Cash Flow / SDE:
- $1,250,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 6.4x
- Location:
- US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This is a unique opportunity to acquire a well-established and popular sporting goods manufacturer and importer, specializing in cornhole boards, bags, and accessories. Operating since 2003, the company has grown to become an industry leader, serving as the official governing body for the sport of cornhole. The business sells directly to consumers and through major marketplaces like Amazon, and also licenses its brand. Recent strategic shifts towards ready-made products have drastically reduced order turnaround times, enhancing customer satisfaction and operational efficiency. The company has demonstrated significant revenue growth, reaching $7.4 million in fiscal year 2022, with projections for $8 million in revenue and $1.25 million in adjusted EBITDA for fiscal year 2023. The business is relocatable anywhere in the United States, offering flexibility for a new owner. An owner with retail channel experience can further leverage the company's strong brand, history, and quality products to drive future growth. This listing represents a solid investment in a growing niche market with a proven track record and strong future potential.
Industry Information
- Industry Description:
- Sporting Goods Manufacturer and Importer
- Classification:
- Manufacturing
Operational Snapshot
- Year Established:
- 2003
Real Estate & Lease
- Status:
- Not Specified
Listing Details
- Listing ID:
- fd8433a0-eff8-479e-85be-411aea68cd62
- Deal Status:
- For Sale
- Date Posted:
- November 09, 2023
- Last Updated:
- September 16, 2025
- Currency:
- USD