Surf and skate shop on Oregon Coast plus custom shaping

Newport, OR (Lincoln County)

Well stocked for Summer

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1989

Surf and skate shop on Oregon Coast plus custom shaping

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Business Description

Ocean Pulse Surfboards was founded in 1989, after three years of "just for fun" backyard board-building met with unplanned success. The retail store in downtown Newport opened in April 1991, just as Newport Surf Designs closed its doors. The owners bring over 70 years of surfing experience to work each day. Their 20-year age difference provides a broad perspective on the industry, which is shown in the depth of products and services they offer to surfers.
Skateboarding has always been a strong business in the Pacific Northwest, and Ocean Pulse has supported skating from day one. Some of the older crew will remember sessions on their double half-pipe at the old factory. Over one hundred decks are available, plus an impressive inventory of hardware and shoes. Only the highest quality equipment makes the cut at Ocean Pulse, where domestic, North American hardwood decks can still be found. Skaters from far and wide visit this area for the world-class parks in Lincoln County, and visiting Pros are a common sight.

Detailed Information

Employees:
4
Facilities:
2000 sq. ft. retail location. Renewable lease currently at $0.53/ sq. ft. Private parking. Manufacturing location nearby. Surfboard manufacturing equipment also available.
Competition:
Nearest competitor is 5 miles north, and is quite small. Another, 15 miles north closed last year. Our location on Coast Highway is highly visible to traffic, and is very desirable.
Growth & Expansion:
The surfing population is growing, and expansion into the SUP and kiteboard market is needed.
Support & Training:
We will stay on to assist in training on the POS system, and to help with vendor accounts. This is a tight-knot surfing community, and we will help the new owner become part of it.
Reason for Selling:
Retirement approaches. Time to pursue other interests.

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Business Listed By:
Tom McNamara

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