Business Overview:
An exciting opportunity to own a growing profitable wind watersports retail business in the epicenter of windsurfing, kitesurfing and wing-foiling community. Sales have increased 300% since 2008, including 37% - 2019-2020, and 31% 2020-2021 by staying on top of the latest windsports trends. 7,000 square feet retail store with 50% E-commerce business model. $600,000 of inventory included in this listed price.
The owner is seeking to sell the business to retire and is interested in ensuring a smooth transition to the new buyer.
The shop opened in 1984 during the early days of windsurfing. Current owner purchased in 2008 and saw the opportunity to grow the business by expanding into other product lines such as kiteboarding and wing-foiling. A brand-new website and E-Commerce solution was added to extend customer reach, now contributing 50% of sales and growing. A used equipment consignment program was also re-vamped and contributes to 25% of sales.
This shop is in the top five stores nationwide in its industry. One strong competitor is local, other shops are online based on the east coast. This is both a walk in retail and online shop selling several quality equipment brands plus accessories and roof racks.
Growth opportunities through increased E-commerce sales and additional marketing to raise online profile further
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Reason for Selling:
Retirement
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.
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