Surfboard Company w/ 70% Online Sales & Part Time Owner

San Diego, CA (San Diego County)

Seller Financing Available
Surfboard  Company w/ 70% Online Sales & Part Time Owner

Asking Price:$475,000

Cash Flow:$165,920

Gross Revenue:$901,625

EBITDA:N/A

FF&E:$10,000

Inventory:$125,000

Rate/Sq. Ft.:$3,270.00

Established:2006

Surfboard Company w/ 70% Online Sales & Part Time Owner

Get Financing Save Print Share Valuation Report

Business Description

Well known Boutique Surfboard Brand generates 70% of their sales online and has a fully-optimized website that generates over 30,000 visitors per month! They have 100,000+ customers in their database that they regularly market to and all web traffic and sales processes are completely automated. Very strong social media presence with 50K+ Facebook fans, 4K+ Instagram fans and 1,000 4+ star reviews. All sales are currently B2C, which leaves the distribution market wide open. The owner works 20 hours/wk and loves the business. They sell anywhere between 80-300 boards per month (depending on the season) along with a variety of other accessories. On average, they carry 400-500 boards in their inventory. Recent death in the family is requiring relocation. Call today for more details on this exciting lifestyle business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,200
Lease Expiration:
4/1/2019
Employees:
2 FT; 1 Contract
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased location of 3,200 sq ft with a total rent of $3,270. Seller is active in the business part time with 2 FT employees and 1 Contract Laborer.
Financing:
$375,000 DP; Balance SCN for 24 months at 6% interest.
Support & Training:
2 weeks
Reason for Selling:
Death in the Family Requires Relocation

Listing Statistics for Premium Members

Ad#:1307013 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Dylan McGrath

Business Listed By:
Dylan McGrath

First Choice Business Brokers San Diego

Show Phone Number

View My Listings


Sponsoring Broker:
First Choice Business Brokers San Diego

Find out more...

Get more details about this business.


Similar Listings


Digital Doc

Franchise Opportunity
Capital Required: $85,750