Business Overview:
The company rapidly grew exponentially generating $2.2m in sales in FY22. Asking price is $1.2m including an inventory of $694k. Profit to owner $421,000.
This business operates in the industry of US Sports Retail and Spas. They provide merchandise related to outdoor sports & recreational activities and for groups who are thrill seekers and adventurers looking for an active healthy lifestyle including health & wellness. The business also sells hot tubs/swim spas that include consultation, installation, and service.
-No real competition in the community
-Substantial sales increased every year
-Dependable and fun staff/team in place
-Exclusivity with suppliers/vendors
-Unaffected by the pandemic
-Excellent location and parking with heavy foot traffic
-Located on a major main road with great visibility
-Financial adaptability and ability to respond to market demands, shifts, and trends
-Locals, tourists, and visitors are repeat customers
-Standard operating procedures manual and sales processes in place
-The store has maintained key notable vendors and brands that are profitable
-Inventory is included in the sale
The owner is committing to work alongside the new incoming owner for at least 2 months at 20 hours per week with compensation.
A retail industry experience is helpful. Some background education or credentials would help and understanding the retail, and outdoor sports industry is helpful. A willing and able buyer who is willing to relocate to the islands and manage and grow the business.
Asking Price: $1.2m including an inventory of $694,000
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Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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