Global Wetsuit & Surf Brand - 100% Growth YOY

Not Disclosed, CA


Asking Price: Annual Revenue:
Not Disclosed $9,000,000

Retail: Sporting Goods, Recreation


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RE: Global Wetsuit & Surf Brand - 100% Growth YOY Broker: Arthur Williams
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $9,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 21
BBN Listing #: 815529613
Broker Reference #: FTN-935

Email or Print Listing

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Business Overview:

This niche action sports product company features a proprietary line of specialty products, including wetsuits, surfboards, and beach apparel. The company has experienced over 100% year-0ver-year revenue growth since 2018 across its wholesale, retail, and online sectors and is targeting $9 million in revenue for 2022.

This well-known brand is recognized as the go-to choice for value-driven and quality-minded consumers in the surf market. This globally recognized brand would provide a shortcut for action sports companies to add new products to their existing lineup or expand existing channels of revenue. This would be an ideal fit for a large retail outlet that would like to add an in-house product line to increase margins and revenue, or a brand in a related industry that would like to enter the $3.97 billion billion surf market. The company has affiliations with professional athletes and its products are recognized for their high-quality, good value, and on-point designs.

Growth could be rapidly accelerated with an additional infusion of working capital to expand capacity. The current location is a 9,000+ square foot leased retail/office space and a 9,000+ square foot local off-site warehouse facility in California, but the warehouse facility could be relocated anywhere in the USA without affecting operations. The owner is planning to retire, though he would be willing to stay involved for a negotiable period of time as CEO until a suitable replacement has been found.

This is an established business. This is not a new franchise or start-up opportunity.

NEXT STEPS: If you’re interested in this business, please fill out the contact form and we will send you the NDA. Please look for an email with the subject "Morgan & Westfield Business Listing - Global Wetsuit & Surf Brand - 100% Growth YOY”. You can access more information on this business after e-signing our NDA.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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