Asking Price: $275,000 Gross Revenue: $246,880Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $85,000 included in asking priceFF&E: $87,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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!
About the Business
Vero Beach, Florida
Number of Employees:
Building Sq. Ft.:
$2,058.00 Per Month
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.
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.
Established & Well Known Stand-Up Paddle Board Business
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