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Wed, October 7, 2009
San West, Inc.: San West, Inc. (SNWT) Partners With Leading Retailer and Expects to Add $700,000 to Top Line Revenues
SAN DIEGO, CA--(Marketwire - October 7, 2009) - San West, Inc. (
The partnership with San Diego SportCycles, which grossed an estimated $700,000 in 2008, not only gives BuggyWorld access to industry leading products including [ No Fear ], [ Oakley, ] Fox, Alpinestars, Bridgestone, Scott, K&N, Shoei and [ VP Racing Fuels ] to name a few, but also brings a large amount of foot and web traffic to Buggy World.
Frank Drechsler, CEO, San West, Inc., states, "This alliance is one milestone of many that we have been working diligently to accomplish as it adds to our growing revenue streams. Hence, as we continue to pursue increasing market share and the objectives outlined in our previous announcement, our growth could be further enhanced."
Under the terms of the agreement, San Diego SportCycles will open a store and sell products through Buggy World's flagship Santee, CA location, which will also become San Diego SportsCycles' primary location. This additional product offering of motorcycles, both for off road and city use, ATVs, off road gear and accessories is expected to increase customer traffic exponentially. It is also expected to create a strong new revenue stream for the Buggy World service center, which will now offer services, repairs and upgrades on ATV, Street Bikes and Off Road Motorcycles.
Mr. Drechsler went on to say, "We have had great success in our niche of the off road market, focusing primarily on off road buggies and go karts, but this will create a whole new market for us, one that often crosses our own. Once we have integrated the San Diego SportCycles products, not only can we take advantage of a huge motorcycle market but reach a whole group of customers that have not considered other off road vehicles. This really is our chance to be a "one stop shop" for off road market and that is very exciting for us."
With the ability to serve the entire off road recreation market, San West, Inc. anticipates that this alliance will help Buggy World become a mainstream Superstore for off road enthusiasts. It will also bring greater visibility of Buggy World to new off road segments, such as [ AMA district 38 racers ] and enthusiasts.
About San Diego SportCycles
San Diego SportCycles, which grossed an estimated $700,000 in 2008, has been in business for over 16 years. It is considered a market leader in San Diego County for off-road vehicles such as motorcycles and four wheelers. It also represents some of the largest brands on the market such as: Acerbis, Alloy, Alpinestars, Amsoil, Ancra, Applied Race, Arai, ASV, BBR, Bell, Bel-Ray, Bionic, Bridgestone, Cheng Shin, D.I.D, Dirt Digits, Dunlop, EBC, EXCEL RIMS, Factory Effex, Fast 50, Fieldsheer, FirstGear, Flatland Racing, Fleashgear, Fly, FMF and many more.
About San West, Inc.
San West designs, manufacturers, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies; products are sold via three divisions: at retail store locations; via the online store and; through its growing dealer network. Buggy repair services are sold and fulfilled at the Santee California retail location.
For further information about San West, Inc. visit [ www.SanWestInc.com ] and [ www.BuggyWorld.net ]
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). SNWT cautions that the statements made in this press release constitute forward-looking statements, and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management att time the statements are made.
