Offering an established pioneer in a young water sports industry. This business offers online distribution of high-end hydro-flight products, accessories, jet ski converter kits, and more. There is also a rental side of the business with small office and doc rental in a major resort area of Southern California. This is a great lifestyle business for someone who loves the water, recreation, and online marketing. The Seller has been growing the business since 2012 and is seeking a buyer to take the reins and guide this venture to the next level.
About the Business
Number of Employees:
Mostly an online sales business, most operations can occur form home or anywhere. To facilitate rentals, there is a small office located a short walk from the dock where the hydro flight equipment is stored. Seller recently relocated his office resulting in a significant cost savings for the Buyer of this business.
Competition exists among other local rental companies as well as competing brands on the sales side. The Company has positioned itself to maintain a strong presence among its competitors as an innovator in the industry with strong brand recognition with effective SEO. Competing rental locations purchase equipment or send buyers to this Company. This young industry is fluid with a competitor one day becoming a distributor or strategic partner the next. This Company has nurtured relationships and formulated many partnerships, both formal and informal.
Growth & Expansion:
Lots of opportunity for growth as the industry is still young. Leverage the already strong competitive position and add more locations, continue to add new products, and concentrate sales efforts toward markets not yet targeted.
Asking Price: $195,000 Gross Revenue: $438,225Cash Flow: $99,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Lifestyle Water Sports Business, Sales and Rentals
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