Asking Price: $35,000 Gross Revenue: $35,000Cash Flow: $25,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&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.
C-Sick Surfin L.L.C. is a home based surf school that teaches by appointment.
C-Sick is Galveston's oldest professional surf school and has been teaching at the 43 rd. Street jetty since 1999. OPEN ALL YEAR.
We are selling the name C-Sick Surfin as well as all inventory. This business is up and running-
everything is in place to take over.
We are selling 30 soft top surfboards between 8 ft.to 11 ft. long.
120 wet suits both long and short, from size kids 10 to mens XXL. ( Note the water here in the Gulf of Mexico can hit 89 degrees in the summer. Wet suits are only needed from November to April.)
C-Sick is being sold with five D.B.A's and four domain names. As well as web sites , phone numbers, e-mail address and Facebook page.
Instructor T-Shirts, business cards, flyers, door magnets- all have templates and will be sold with C-Sick Surfin.
Current one million dollar insurance policy and Banner Listing on Galveston.com are part of the package. All instructors are contract labor, paid in cash- no payroll is involved.
Galveston Texas is within 50 miles of the city of Houston, 4th largest city in the U.S. and is the closest beach to Houston, TX. Most of C-Sick's business is between the April and October.
You can check out the website and our face book page
About the Business
C-Sick Surfin is a home run business. All inventory pertaining to this business is being sold with it. All surf boards are Soft Tops. 4= 8 ft.... 2 =8 ft 6"....6 = 9 ft .....3 = 9 ft 2 ''....10 = 10 ft and 5 = 11 ft. 20 Crow and block leashes 9 and 10 ft long. 120 plus wets suits both shorty and full,as well as 12 pairs of wets suit boots and shoes,size 6 to 16...Assorted coolers ,banners,door magnets and a tent.
There is one established surf shop that does 3 and 2 day "Surf Camps'' for young kids. Other people do lessons ,but nobody lasts long. C-Sick provides the right size boards to everyone,we can do 250 pound 6 ft plus men as well as kids. Having the Wet suits means we are open when nobody else is.
Growth & Expansion:
Galveston is going through a major expansion and rebuild.
Surf School / Surfing Lessons, Galveston, Texas 77550
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.