Surf Shop

Ocean County, NJ

Surf Shop
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Asking Price: $129,000

Cash Flow: $55,000

Gross Revenue: $300,000

EBITDA: $20,000

FF&E: $10,000

Inventory: $110,000

Rent: $2,000 /Month

Established: 1987

Surf Shop

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Business Description

Watersports Specialty

Est 1987, 32 years in business, Surfing, Stand Up Paddle, Kitesurfing, Windsurfing, Foils, Snowboarding, Kayaks, Skateboard. Lessons, Rentals, Repairs, Sales and Service.

Detailed Information

Location:
Ocean County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
1/1/2021
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
"Business in a Box". Put your own name on the business. Selling Inventory, customers, vendors, fixtures, location for rent, brand new building renovation.
Competition:
32 years of professional service in a very unique business carrying high end watersports. Possibly 2-4 competitor in the state for most of the sports. Centrally located. 4000 Facebook fans and instagram, E-commerce website
Growth & Expansion:
Possibility for softgood expansion and aggressive online potential
Support & Training:
Owner will stay on to help transition
Reason for Selling:
After 32 years, need a change. Need to spend time with my family
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Business Listed By:
Terry Deakyne

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