Established & Well Known Stand-Up Paddle Board Business

Vero Beach, FL (Indian River County)

Seller Financing Available
Store Front
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $246,880

EBITDA: N/A

FF&E: $87,000

Inventory: $85,000

Rent: $2,058 /Month

Established: 2016

Established & Well Known Stand-Up Paddle Board Business

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Business Description

Easy Water Access

Established, well-known, Stand-Up Paddle business available in Vero Beach – Most popular brands of paddle boards and equipment represented. This is the only retail paddle board store in town with direct water access for easy rentals, tours and board demos! For a smooth transition and to help the next owner be just as successful, owners will offer their services to help the buyer with the business. The paddling industry is well established in Vero with locals and visitors. Within the paddling community, paddle boarding is experiencing a lot of growth in the area. The size and location of this shop is ideal to carry a large paddle board inventory, associated accessories, and plenty of high profit soft goods. The shop is known as the place to go for knowledgable, friendly service, quality boards, paddles and gear they need! The customer reviews submitted by locals and visitors reinforce that this store is well known and gaining loyal customers, both visitors and locals. Plenty of room for a display area, equipment storage and owner's private office. This is an incredible opportunity for the discriminating buyer!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
3/31/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property is located in a protected cove 1/4 mile off the Indian River Lagoon. The building exterior recently received a major renovation. Windows and doors are hurricane resistant. The facility includes a parking space near the water for an equipment trailer and two boat slips. One of the slips has a floating dock for kayak storage and easy water access for paddle board and kayak rentals and tours. Lots of public parking on the street and around the shop. The office space has a kitchenette and full sized handicap access shower.
Competition:
While there are a couple of other kayak/paddle board tourism businesses, this is the one with a retail shop located on the water. So we have a lot more to offer customers than the competition.
Growth & Expansion:
Use your imagination! There's a lot of opportunity to work with other small businesses to create fun, unique tours. Local paddlers love a reason to get together. So we offer social paddles that benefit local charities. There are a lot of ways to attract new customers and keep them coming back for more.
Support & Training:
The owners will provide sufficient support and training for the buyers to become comfortable with the retail store and tourism business.
Reason for Selling:
We have another business in Atlanta that requires we spend more time up there.
Business Website:
http://www.seasupgo.com
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Business Listed By:
Jennifer Hoard

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