Montgomery County, MD Entertainment and Recreation Businesses For Sale

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6Kayak | Rafting | Stand Up Paddleboard Business For Sale20-Year Established Web-Based Outfitter Serving The Nation's Capital
$295,000Cash Flow: $125,000
Kayak | Rafting | Stand Up Paddleboard Business For Sale20-Year Established Web-Based Outfitter Serving The Nation's Capital

Potomac, MD

Trade in your dress shoes for river sandals and still earn six figures by owning this award-winning, vertically integrated kayak / rafting / stand up paddleboard instruction, guiding, and retail business. This beloved business has built unparalleled brand strength through a 20-year commitment to high quality customer service, fostering community, and promoting conservation. As of June, 2018 the business is enjoying a healthy 9% YTD increase in sales. The business’ unique service and community-building model delivers exceptional value to its customers, high profit margins, and six figure earning potential. Up to 90% gross profit margins flow from a wide variety of beginner paddling lessons and trips booked and scheduled online. As they progress through these series of pre-paid events, beginner students and guests need an increasing amount of apparel and accessories to participate, which the business' attractive brick and online retail stores sell at up to 60% gross profit margins. Lessons and trips are offered frequently, which makes scheduling flexible. Weeknight "Practice Clinics" bring together DC-area professionals, creating a friendly social environment, and always conclude with customers congregating at a pizzeria next door to the business' retail store. Through lessons, practice, and this social setting, students and guests develop relationships that last a lifetime. Once trained, and with their newfound peer-friends, students gain the confidence to purchase kayaks, stand up paddleboards, car roof racks, winter dry suits, and all other related accessories necessary to be self-sufficient, which the business' retail store sells. The business is also the only paddlesports retailer convenient to the most popular paddling destination in the Mid-Atlantic. The business is very convenient to operate - students schedule themselves online and lessons and trips all take place within a 10 mile radius of its office and retail store, which is located next door to one of the nation's most visited national parks and, arguably, the world's best "urban river", in one of the wealthiest zip codes in the United States*. After two decades, the brand has created a large community by developing a tremendous amount of goodwill with beginners, and by operating efficiently. Custom software integrates all aspects of the business and creates a seamless experience for clients by simplifying the process of managing hundreds of on-water events, dozens of instructors and guides, thousands of participants, and thousands of retail inventory SKUs. Opportunities for future growth await a hands-on owner to step in and play a more active, direct role in this uniquely scalable and franchisable business model - including corporate outings and event planning, whitewater rafting, retail, waterfront operations, e-commerce, regional and international trips, rentals, and more. The DC metro area provides a constantly expanding market, thriving culture, great schools, and a perpetual stream of new customers due to high population turnover. Seasonality allows for extended absence during the winter months. This business creates its own marketplace through quality beginner paddling programs that continually create new, end-use consumers. This is the perfect opportunity for an outdoor oriented and entrepreneuiral executive / MBA or marketing major looking for an exit from the corporate world, or recent college graduate, willing to account for quality of life factors when evaluating the business. Acquire and develop this turn key, active-outdoor lifestyle business to enhance your physical and mental health and turn a healthy profit. In the words of its own clients - it truly is "A Great Business". Note: Qualified buyers please be prepared to provide resume and proof of funds.

Theater/Music Venue
$9,000,000
Theater/Music Venue

Bethesda, MD

Completely renovated turnkey 20,000 square foot venue available for sale including real estate. 795 person capacity with access to over 340 parking spaces. Currently operating as music venue and banquet facility with many popular acts and performances. Excellent location. $9,000,000 including real estate or $1,500,000 for business (long term lease available) Contact Costa or Charlie 202 466-2200


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