Are you looking for an established business opportunity in the exciting water sports retail & wholesale business industry?
Look no further, this is the opportunity for you:
Established by the current owners for over 15 years.

The Melbourne site is located on a main highway, with great exposure, a full retail shopfront, ample warehouse space, easy access to artery roads, bulk delivery facilities and lots of customer parking.

The business comes with a comprehensive eCommerce website and a large customer database.

The current lease is till 1/6/24 – with a renewal option of 5x5.
The stock levels are somewhat seasonal, with the highest stock requirements in Spring as they ramp up to the busy season. Stock levels vary between $380-500k throughout the year. The Vendor can run this down to a practical $380k if upfront cashflow is an issue for a buyer.

This booming industry leaves ample room for further growth. There has been a surge in participation in water sports activities over the last few years which will continue to underpin future demand and growth opportunities.

Presenting an extensive range of water sports products including, kayaks, canoes, stand-up paddle boards, apparel and more, this business offers direct access to well-established & leading international brands plus solid in-house brands developed over many years, with established direct-from-factory supply lines.

The business has a long-standing reputation for outstanding customer service, reflecting its professionally run operation.

There is a significant level of hard assets, including an extensive base of high-quality retail stock, retail fit outs, warehouse racking, electric walkie stacker, kayak trailer, office equipment, computers & other miscellaneous equipment. (A full list can be provided).

Current owner is prepared to work with new owners for an agreed handover period.

Business Key Points

• Turnover of around $1.1M PA
• Fun and growing industry
• Loyal customer base
• Massive Opportunity to grow.

If this sounds of interest to you, call Phil Booysen on 0429 006 921 RIGHT NOW.

REF: B14530