Iconic water sport goods rental and retail business.

Fairfield County, CT

Iconic water sport goods rental and retail business.
Contact Seller

Asking Price: Get Financing: $295,000

Cash Flow: $130,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $140,000*

Lease Rate: N/A /SF

Established: 2005

*not included in asking price.

Iconic water sport goods rental and retail business.

Get Financing Save Print Share Valuation Report

Business Description

The Company is operates in a space of retail and rental of water sports equipment, and all the fashions and accessories that go with them. The Company has 3 locations in the most affluent towns in CT and is the largest and unique operator in it’s industry. The Company's experience is a reflection of their lifestyle - laid back and no worries! They will treat you like family with personalized attention that ensures you'll enjoy the ultimate experience.

The Company was originally started in 2005 as a seasonal boutique and purchased by its current owner in 2007. The owner added its second location in 2011 which quickly became an anchor location and includes a year-round retail operation. A third operation was opened in 2017. Two locations operate on a seasonal basis from May to October. Third location is open year-round (only retail portion is available outside the main season). Business is highly seasonal, and the Company employs a full- time manager at the main location and seasonal staff at all three locations.

It's a seasonal business and is easy to expand.

It would be a great purchase for a buyer who wants to combine his/her hobby with a business and earn a decent income over just a few month by doing what she loves.

The Company provides the following services and organizes the following events:
- Rentals – kayaks, paddle boards, life jackets and paddles, demo boards
- Guided tours – a wide variety of guided tours
- Lessons – kayak and stand-up paddle board group and individual lessons
- Stand-up paddle board yoga and fitness classes
- Kayak and paddle board meditation classes
- Paddle with your pup for dog lovers
- Other events such as racing and community paddling, corporate outings, charity events, private parties of various natures, kids camps, etc.
- Retail sales of equipment and accessories

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
41
Facilities:
The Company operates out of 3 locations.
Competition:
Overall there is no any other company in the area that can match the Company's unique service offering, excellent customer service, and safety rules. Very limited competition.
Growth & Expansion:
The owner has been living in another state for the past two years, and attending school during the off season, so her focus has not been on the business. She has been intending to sell it, and so she was not concentrated on growing it. However, there is a number of opportunities for a new owner to take the Company to a new level which will be discussed with a qualified buyer.
Support & Training:
The Seller is willing to advise and assist the new owner on the particulars of the Company’s operation.
Reason for Selling:
Seller moved out of state
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Irina Comer, MBA

Business Listed By:
Irina Comer

Comer Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1543688 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 of Use before responding to any ad.


Similar Listings


Schooley Mitchell Consulting

Franchise Opportunity
Capital Required: $125,000